Automated
procurement built for all
An automated and easy procurement solution that empowers all stakeholders to drive successful results.
Benefits
A procurement solution that
fits your needs
Visibility across the procurement process
Make informed strategic decisions with 360-degree visibility across purchase requests, sourcing, orders, receipts, bills, budgets, vendor payments, and more. Track and realign strategies as per budget utilization and external factors.
Control at every step
Configure access, permissions, rules, and exceptions to maximize savings at every step of the procurement process, not just the payments. With preset controls, guide employees and vendors to make decisions within company policies and budgets.
Ensure adoption across all stakeholders
Drive 100% adoption with an intuitive, easy-to-use user interface that promises a seamless and comfortable user experience. With the mobile first requisitioning approach, ensure flexibility for employees and approvers.
Drive insightful negotiations to improve savings
From vendor specific spend data and turnaround times, take the upper hand in negotiations with insightful data points right at your fingertips. With procurement reports detailing vendor specific data, add value to all your vendor discussions.
Procurement automation
to help teams focus on
what matters most
Vendor management
Empower vendors with transparent processes
Enhance vendor user experience with a dedicated vendor portal that enables sourcing events, bidding, awarding, ordering, document sharing, collaboration, status updates, and invoice management to ensure transparency across the process and help expedite payments.
Purchase requisition
Happy employees + Right resources = Better productivity
Empower employees with an easy-to-use, controlled buying process that helps them track orders until fulfillment. With Amazon Business Punchout, verified and approved item lists and rule-based buying forms give employees the freedom to choose within policies.
Sourcing
One-click RFQs to expedite bidding and sourcing events
Create RFQ items with a click of a button from approved purchase requisitions for running a hassle-free RFQ event and collect qualified vendor details. Expedite vendor selection with the help of requirements detailed in the RFQ document.
Purchase order and receipts
Accelerated cycle time with PO management
Automate, process, and submit purchase orders to preferred vendors with Zoho Spend's purchase order management module. Track and manage POs and purchase receives in real time and verify purchases during delivery.
AP automation
Efficient billing and payments for faster reconciliation
Automate manual processes across the accounts payable process to ensure exact payments, spend control, company policy compliance, and more. Let finance teams focus on strategic activities and decisions that directly impact business value.
Additional Features
Unlock savings
with smart controls
Budgets
Don't lose sight of your budgets and plans
Enforce budgetary limitations set by the finance team and ensure all your complicated data-crunching for forecasts yields successful results. Compare actuals and budgets to realign plans and strategies as required.
Approval workflows
Hierarchical, multilevel, and custom criteria based approvals
No matter how complex or simple an approval workflow your organization follows, set it up with a DIY, simple rule-based setting within Zoho Spend and let the software guide the request through the process.
Analytics
Reports built for you
Out-of-the-box and custom reports help you analyze and identify performance, growth, and improvement potentials across your purchase requisitioning, procurement, vendor management, and payment processes.
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Procurement, also known as purchase management and purchasing, is the process of acquiring goods and services that help an organization continue its operations.
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Procure-to-pay software manages the organization's entire process from purchase requisitions and approvals to vendor management, purchasing, receiving, invoicing, and payments while enabling smooth coordination and collaboration across all stakeholders involved in the process.
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P2P software is used by employees, procurement teams, finance teams, and AP professionals to automate tasks that help improve accuracy, expedite workflows, and enable tracking, analysis, and audits to ensure compliance and visibility.
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Procurement software plays an important role in an organization's purchasing activities and savings objectives. Companies must choose a software based on their requirements, objectives, budgets, resources, security, the software's ability to integrate with their current systems, and more.
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Zoho Spend, the complete spend management platform, allows organizations to not only automate purchase requisitioning, RFQ, vendor management, and payments, it also syncs with the employee expense and payroll modules for 360-degree visibility into your company's overall spend.