Spend 365 Review
What is Spend 365?
Spend 365 is a data-driven procurement solution in the cloud. Its user-friendly interface helps you track purchases across your organization and offers in-depth insights into your spending activities through its robust reporting suite. Aside from these, the solution has tools that let you reduce the risks for your company. One of this is the supplier evaluation module that shows side-by-side comparisons of prices and questionnaire responses. With this, you can choose your business partners smartly.
Yet, despite being a full-featured and intuitive application, Spend 365 is a cost-effective solution. That is because it utilizes modern technologies that drive development costs down while enabling your company to request as many customizations you need. Because of this, you can further enhance and automate your procurement processes without going beyond your set budget.
Show MoreOverview of Spend 365 Benefits
Easy-to-Use Modules
Spend 365 has nine core modules that your employees can be acquainted with rapidly. This reduces time and money spent on training and focuses your staffs’ efforts on streamlining operations with the use of the solution’s modern tools.
Expenditure Management
For your business to remain profitable, reining your expenditure is necessary. Spend 365 aids you in doing that with its budget management module. This shows the spending activities of your departments and locations in real-time to keep you aware of your budget’s performance around the clock. It also gives you the ability to modify your budgets anytime for finer expense control.
Data-Based Supplier Selection
Prices are not the only bases for supplier selection. Spend 365 understands this, which is why it has a well-rounded supplier evaluation tool. It lets you compare prices as well as responses to questionnaires. The module also refreshes automatically whenever a supplier has modified their responses. This way, you can smartly pick your business partners.
Mobile Procurement
Your business workflows can remain continuous even when you are not on-site to facilitate procurement. Spend 365 is accessible from any mobile device readily and as its data is hosted on AWS Cloud, you can still oversee your spending, budgeting, and contracts while on the go.
Third-Party Integrations
Spend 365 is an extensible solution. It can connect with major accounting and ERP software like QuickBooks, Xero, and Sage. If you need more bidirectional connections with other systems, you can utilize its API as you need.
Free Implementation
Though it is a feature-rich solution, Spend 365 can be implemented quickly. More than that, its implementation is free so you only have to pay the monthly or annual subscription fees for the software.
Show MoreOverview of Spend 365 Features
- Procure to Pay
- Spend Analysis
- Reporting Suite
- Supplier Management
- Catalogues
- Budget Management
- RFP/RFQ
- Supplier Evaluation
- Contract Management
- Third-Party Software Integration
What Problems Will Spend 365 Solve?
1) Single Procurement System
The procurement process sometimes requires several systems for contract management and purchase to pay processes. But Spend 365 places all these tools and others under one umbrella to automate your entire procurement workflow.
2) Reduced Cost
Procurement systems can cost upwards to £100.00 per user per month. However, you get nine core modules with Spend 365 at a fraction of the cost. This makes the solution the most cost-effective in the market and on top of that, you do not have to pay an implementation fee.
3) Cloud Accessible
Spend 365 is a wholly cloud-based system. Moreover, it hosts your data on AWS Cloud. This means that every critical information such as your spending activities, budgets, and contracts are accessible even when you are on the move.
Awards & Quality Certificates
Spend 365 Position In Our Categories
Because businesses have specific business-related demands, it is practical that they avoid preferring a one-size-fits-all, ”best” software product. Be that as it may, it is futile to try to come across such a software solution even among widely used software products. The logical thing to do would be to set down the numerous key aspects that require research including essential features, price plans, technical skill levels of the users, organizational size, etc. Thereafter, you must perform the research fully. Have a look at some of these Spend 365 review articles and check out the other software programs in your list more closely. Such detailed product research ensures you drop unsuitable apps and subscribe to the system which offers all the tools your business requires.
Position of Spend 365 in our main categories:
TOP
100
Spend 365 is one of the top 100 Procurement Software products
If you are considering Spend 365 it may also be beneficial to examine other subcategories of Procurement Software listed in our database of B2B software reviews.
Since each organization has specific business wants, it is sensible for them to desist from searching for a one-size-fits-all perfect software system. Needless to say, it would be futile to try to find such a platform even among widely used software solutions. The smart thing to do would be to jot down the various important factors that need consideration such as key features, budget, skill levels of employees, company size etc. Then, you should do your homework thoroughly. Read some Spend 365 Procurement Software reviews and look into each of the other apps in your shortlist in detail. Such comprehensive groundwork can ensure you reject ill-fitting platforms and zero in on the solution that provides all the aspects you need for business success.
How Much Does Spend 365 Cost?
Spend 365 Pricing Plans:
Free Trial
Basic
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Premium
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Executive
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What are Spend 365 pricing details?
Spend 365 Pricing Plans:
Free Trial
Basic
Contact vendor
Premium
Contact vendor
Executive
Contact vendor
Spend 365 has three levels of enterprise pricing that are designed to meet the needs of SMEs. The inclusions of the packages are listed below. However, you have to get in touch with the sales team to receive a custom quote.
Basic – request pricing information
- Free System Implementation
- Purchase to Pay
- Purchase Order Creation
- Supplier Management
- 3-Way Matching
- Electronic Invoicing
- Internal Catalogue
- CSV/PDF Exporter
- AWS Cloud Backup
- Mobile Enabled
- Unlimited Financial Data Storage
- Unlimited Transactions
- Phone, Live Chat, Online Support
- Unlimited Locations
- Unlimited Departments
- Companies Own Sub-Domain
- Web-Based Training
Premium – request pricing information
- All Basic Features
- Spend Analysis
- Real-Time Budget Management
- Contract Management
- Advanced Reporting Tools
- Dedicated Customer Success Manager
Executive – request pricing information
- All Premium Packages
- Sourcing (RFP/RFQ)
- QuickBooks Integration
- Sage Integration
- Xero Integration
- Amazon Business Punchout
- Additional Requested Punchouts
- Dedicated Customer Success Manager
- In-Person Training (UK Only)
User Satisfaction
Positive Social Media Mentions
169
Negative Social Media Mentions
8
We are aware that when you decide to get a Procurement Software it’s crucial not only to find out how professionals score it in their reviews, but also to check whether the actual people and enterprises that use it are actually happy with the product. Because of that need we’ve devised our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and Spend 365 reviews across a vast range of social media sites. The data is then displayed in a simple to digest form showing how many clients had positive and negative experience with Spend 365. With that information at hand you should be prepared to make an informed buying choice that you won’t regret.
Video
Technical details
Devices Supported
- Windows
- Android
- iPhone/iPad
- Mac
- Web-based
Deployment
- Cloud Hosted
- Open API
Language Support
- English
- German
Pricing Model
- Quote-based
Customer Types
- Small Business
- Large Enterprises
- Medium Business
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
What integrations are available for Spend 365?
Spend 365 has the capability to integrate with the following third-party systems. Spend 365 also lets you use its API for further custom interfaces.
- Sage
- Xero Accounting
- QuickBooks
- SAP
- Oracle
- Excel
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