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Spend 365 REVIEW

Procurement Software

No user reviews
USER SATISFACTION 93%
OUR SCORE 8.0

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.

Overview 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.

Overview 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

Position of Spend 365 in our main categories:

50

Spend 365 is one of the top 50 Procurement Software products

50

Spend 365 is one of the 50
Procurement Software products


If you are considering Spend 365 it could also be beneficial to check out other subcategories of Best Procurement Software listed in our database of SaaS software reviews.

There are popular and widely used applications in each software category. But are they essentially the best fit for your enterprise’s specific wants? A trendy software solution may have thousands of subscribers, but does it provide what you require? For this reason, do not blindly invest in popular systems. Read at least a few Spend 365 reviews and think about the elements that you desire in the software such as the cost, main tools, available integrations etc. Then, choose a few apps that fit your requirements. Try out the free trials of these products, read online reviews, get information from the maker, and do your investigation thoroughly. This exhaustive research is certain to aid you select the most excellent software solution for your firm’s specific requirements.

How Much Does Spend 365 Cost?

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

We realize that when you make a decision to buy Procurement Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Spend 365 reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with Spend 365. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

POSITIVE SOCIAL MENTIONS

169

NEGATIVE SOCIAL MENTIONS

8

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Technical details

Devices Supported
  • Windows
  • Android
  • iPhone/iPad
  • Mac
  • Web-based
Language Support
  • English
  • German
Pricing Model
  • Quote-based
Customer Types
  • Small Business
  • Large Enterprises
  • Medium Business
Deployment
  • Cloud Hosted
  • Open API

What Support Does This Vendor Offer?

  • EMAIL
  • PHONE
  • LIVE SUPPORT
  • TRAINING

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)

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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