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Team Procure Review

Team Procure
Our score: 8.5 User satisfaction: 96%

What is Team Procure?

Team Procure is a cloud-based procurement software created to streamline various procurement tasks such as electronic auctions, approvals, bid collection, and order tracking. With Team Procure, users can generate detailed reports categorizing purchased items by department, project, and category. More so, Team Procure users can efficiently compare suppliers, track monthly procurement progress, and manage internal purchase requests all within a unified platform.

Team Procure is designed for both SMBs and Enterprise clients. This software also helps save time and money by optimizing procurement operations effectively. With a procurement volume exceeding $1 billion and boasting a network of over 25,000 suppliers, Team Procure offers comprehensive sourcing solutions for strategic purchasing. Furthermore, this platform facilitates the management of over 485 warehouses globally and has conducted over 10,000 e-auctions to deliver tangible savings to its diverse clientele.

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Overview of Team Procure Benefits

Team Procure enables businesses to increase procurement efficiency. These aside, we’ve outlined some of the other benefits that Team Procure has to offer:

Enhanced Supplier Management

Team Procure can enhance supplier management by streamlining approval processes and automating tasks from initiation to completion. This software also empowers users to establish a Supplier Portal which provides a centralized platform for efficient vendor management and seamless communication.

Smart Budgeting

Team Procure facilitates smart budgeting through its flexible controls that allow users to manage spending effectively across their organization. By assigning budgets to users, teams, and departments, companies can improve accountability especially when it comes to spending. Users also have the option to lock expenditures when limits are reached. With the ability to analyze and track budgets by project, budget, and department, Team Procure provides invaluable insights into business finances.

Data-Driven Decision-Making

Team Procure empowers data-driven decision-making through its Spend Analysis feature, allowing organizations to analyze and optimize spending efficiently. By understanding spending patterns and currency distribution across purchase orders, businesses can make informed decisions to drive strategic initiatives. With the ability to generate historical reports and analyze project distribution, Team Procure enables users to uncover savings opportunities and identify trends essential for informed decision-making.

Enhanced Collaboration

Team Procure enhances collaboration among procurement teams, departments, and suppliers by facilitating improved communication and coordination. Acting as a centralized hub, this software enables efficient information sharing to guarantee alignment across all stakeholders.

Reduced Risk and Compliance

Team Procure offers reduced risk and compliance by equipping companies with tools to navigate the ever-changing regulatory landscape. Through automated approval workflows, contract compliance enforcement, and supplier performance monitoring, businesses can adhere to regulations and internal policies, mitigating the risk of legal and reputational issues. By leveraging these features, Team Procure helps companies avoid costly penalties, legal disputes, and potential disruptions in the supply chain.

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Overview of Team Procure Features

  • Budgeting and spending analysis
  • RFQ and eAuction
  • Inventory management
  • Request and PO Manager
  • Reporting
  • Approval Workflows
  • Supplier Manager

What Problems Will Team Procure Solve?

Problem #1: Time-Consuming Manual Tasks

Solution: Team Procure addresses the issue of time-consuming manual tasks by implementing automated procurement processes. With this, there will be a significant reduction in errors as well as streamlined operations.

Problem #2: Discrepancies in Spending Across Projects

Solution: Team Procure consolidates purchase orders, approvals, and supplier management while providing comprehensive tracking of company spending across diverse projects within a unified system.

Problem #3: Inefficient Supplier Sourcing

Solution: Team Procure modernizes supplier sourcing methods by integrating advanced eAuction features. With this, businesses can optimize their strategic sourcing strategies for enhanced efficiency and cost-effectiveness.

Awards & Quality Certificates

An award given to products our B2B experts find especially valuable for companies

Team Procure Position In Our Categories

Because businesses have particular business demands, it is reasonable they abstain from seeking a one-size-fits-all, ideal software solution. Be that as it may, it would be futile to chance on such an app even among well-known software systems. The sensible step to do can be to narrow down the various significant functions that need research like crucial features, price terms, technical skill aptitude of the employees, business size, etc. Thereafter, you should perform your research systematically. Read some of these Team Procure analyses and check out the other software options in your shortlist more closely. Such detailed research makes sure you take out mismatched apps and subscribe to the system that delivers all the function your company requires.

Position of Team Procure in our main categories:

TOP 50

Team Procure is one of the top 50 Procurement Software products

If you are considering Team Procure it might also be a good idea to examine other subcategories of Procurement Software collected in our database of SaaS software reviews.

Since each organization has particular business needs, it is sensible for them to desist from searching for a one-size-fits-all ideal software application. Needless to say, it would be useless to try to find such a platform even among popular software solutions. The intelligent thing to do would be to list the various vital aspects that need consideration such as main features, budget, skill levels of employees, company size etc. Then, you should do your research thoroughly. Read some Team Procure Procurement Software reviews and check out each of the other solutions in your shortlist in detail. Such comprehensive research can ensure you reject ill-fitting systems and choose the system that offers all the elements you need for business success.

How Much Does Team Procure Cost?

Team Procure Pricing Plans:

Free Trial

Procurement Suite

$250

Enterprise Procurement

By quote

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What are Team Procure pricing details?

Team Procure Pricing Plans:

Free Trial

Procurement Suite

$250

Enterprise Procurement

By quote

Team Procure offers affordable monthly pricing with no long-term contracts. This software comes with a free trial account and two pricing plans. Below are the team Procure pricing options to choose from.

Procurement Suite – $250/month

  • Includes 3 Users
  • Warehouse/Inventory
  • Request and PO Manager
  • Reporting
  • Approval Workflows
  • Supplier Manager

Enterprise Procurement – By quote

  • Everything in the Procurement Suite
  • Dedicated Servers
  • Branded App
  • ERP Integrations
  • Supplier Portal
  • Advanced Sourcing
  • Premium Support

User Satisfaction

Positive Social Media Mentions 0
Negative Social Media Mentions 0

We are aware that when you make a decision to get a Procurement Software it’s vital not only to see how experts score it in their reviews, but also to find out whether the actual users and enterprises that use these solutions are actually happy with the service. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and Team Procure reviews across a broad array of social media sites. The information is then featured in an easy to understand way showing how many customers had positive and negative experience with Team Procure. With that information at hand you should be ready to make an informed purchasing choice that you won’t regret.

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Technical details

Devices Supported

  • Web-based
  • Linux

Deployment

  • Cloud Hosted
  • On Premise

Language Support

  • English

Pricing Model

  • Monthly payment

Customer Types

  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for Team Procure?

Team Procure allows users to effortlessly link applications and harmonize procurement data across numerous platforms. It also has API capabilities to enable further customization. Below are some of the integrations that the software supports:

  • QuickBooks
  • Sage
  • Hubspot
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Jenny Chang

By Jenny Chang

Jenny Chang is a senior writer specializing in SaaS and B2B software solutions. Her decision to focus on these two industries was spurred by their explosive growth in the last decade, much of it she attributes to the emergence of disruptive technologies and the quick adoption by businesses that were quick to recognize their values to their organizations. She has covered all the major developments in SaaS and B2B software solutions, from the introduction of massive ERPs to small business platforms to help startups on their way to success.

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