Spend 365 Pricing, Features, Reviews & Comparison of Alternatives

Spend 365

Cloud based e-procurement software suite

4.75/5 (4 reviews)

Spend 365 overview

Spend 365 is a cloud based e-procurement software that automates and tracks purchasing activities across businesses to help them gain greater insights into their spend, reduce risk, and automate the procurement process. Key features include P2P, contract and budget management, RFQ/RFP creation, e-invoicing, reporting, spend analysis, approval routing, and more.

The Spend 365 platform offers an all-in-one suite with 9 different modules to help users track purchases across the organization. The procure to pay (P2P) module includes a 3-way matching process which allows departments to control spend and manage financial risk. Each approved order is linked to a purchase order and connected to the supplier invoice, meaning all relevant financial data is linked to a single order. Tools for spend analysis include detailed reports via the spend dashboard which help users to identify spending habits and savings opportunities, as well as manage compliance.

Interactive reporting features include a sort and filter function which allows organizations to dig deeper into their procurement data and export results for further analysis and meetings. Users can also produce their own visualizations using the pivot table feature. Spend 365’s supplier management module provides a view of all vendors throughout the entire sourcing process for insights on purchasing for each supplier. The catalog module allows users to add products from the database directly to an order, and the e-catalog connects directly to e-commerce websites in order to purchase products and compare competitors’ pricing.

Tools for budget management help businesses track spend performance in real time and include a detailed budget analysis. Users can send out requests for proposals and quotations in minutes using Spend 365’s RFP/RFQ module, and allow suppliers to submit their responses directly within the portal. Users can monitor supplier activity across all sourcing activities via the supplier evaluation module, as well as compare and update responses, and view detailed price breakdowns. All contracts are stored electronically within the contract module, complete with contract expiry notifications, customized notifications, and contract analysis.
spend-365.com

Pricing

Pricing options
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Asia, Australia, Brazil, Canada and 8 other markets, China, Europe, Germany, India, Japan, Latin America, Mexico, Middle-East and Africa

Supported languages

English
Spend 365 screenshot: Track purchases across the organization, gain greater insights into spend, reduce risk and automate procurement processes using any deviceSpend 365 - e-Procurement in the CloudSpend 365 screenshot: Identify spending habits and savings opportunities across the business with Spend's 365's interactive spend dashboardSpend 365 screenshot: Take control of each department's and location's budget and track real-time spend performance as well as budget analysisSpend 365 screenshot: Keep orders, purchase orders and invoices in one placeSpend 365 screenshot: View a contract analysis and store contracts electronically, get contract expiry notifications, and moreSpend 365 screenshot: View contracts by location and track expiring contracts via mobile device

Spend 365 reviews

Excellent
3

Very good
1

Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  4.8
  4.5
  4.8
  5.0
Adam Horne

Very easy to use, and easy on the eye- way better than some of bulky, over complicated alternatives!

Used daily for less than 6 months
Reviewed 2018-06-15
Review Source: Capterra

Aesthetically its great which makes it so easy to use, navigate around and settle in to. Other systems weve tried have felt so clunky and complicated that we havent known where to start. Anyone looking to move away from the days of Excel should really consider trying this out. Also, pricing is very competitive in comparison to other options we tested which dont really offer any more functionality. Overall it took us very little time to get to grips with this and absolutely love it- would wholeheartedly recommend it to anyone who still uses Excel and knows they should be moving away, or to anyone who is spending too much elsewhere.

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Robbie Wells

Absolutely excellent software

Used daily for 6-12 months
Reviewed 2018-06-15
Review Source: Capterra

Really user friendly, very powerful, feature rich, great to move away from excel spreadsheets. Love the spend analysis dashboard.

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James Crome

Actually fun to use. Great dashboard

Used daily for less than 6 months
Reviewed 2018-06-21
Review Source: Capterra

Great price and really easy to use. Similar software's we tried only gave P2P and one other module for the same price however using Spend 365 I can manage my contracts, budgets and create as many RFQ's as I like.

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Anonymous

Love the User Friendly Dashboard. Great for Analyzing our Spend

Used daily for less than 6 months
Reviewed 2018-06-20
Review Source: Capterra

Very interactive, I can analyze spend and manage all contracts within the platform. Really quick and easy to learn.

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Spend 365 pricing

Pricing options
Free
Free trial
Subscription
View Pricing Plans

Spend 365 offers Basic, Premium, and Executive packages. Contact Spend 365 for a quote.

Discount available for non-profit organizations.

Spend 365 features

API
Activity Dashboard
Data Import/Export
Invoice Management
Reporting & Statistics
Third Party Integration

Access Control (181 other apps)
Activity Tracking (218 other apps)
Audit Trail (183 other apps)
Auditing (266 other apps)
Automatic Notifications (355 other apps)
Compliance Management (213 other apps)
Custom Fields (202 other apps)
Customizable Reporting (271 other apps)
Document Storage (198 other apps)
Inventory Management (213 other apps)
Inventory Tracking (209 other apps)
Monitoring (201 other apps)
Real Time Data (236 other apps)
Workflow Management (233 other apps)

Security and privacy

Encryption

Encryption of sensitive data at rest
HTTPS for all pages

Access control

Multi-factor authentication options

Data policy

Data backup in multiple locations/GEO regions
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Additional information for Spend 365

Key features of Spend 365

  • Requisitions & approvals
  • Catalog management
  • PunchOut
  • Sourcing management
  • Spend management
  • Budget management
  • Receiving
  • Purchase to pay
  • Purchase order creation
  • Supplier management
  • 3 way matching
  • e-Invoicing
  • Internal catalog
  • CSV/PDF exporter
  • AWS cloud backup
  • Mobile enabled
  • Unlimited financial data storage
  • Unlimited transactions
  • Unlimited locations
  • Unlimited departments
  • Custom domain
  • Spend analysis
  • Real time budget management
  • Contract management
  • Advanced reporting suites
  • Dedicated customer success manager
  • Sourcing (RFP/RFQ)
  • Quickbooks integration
  • Sage integration
  • Xero integration
  • Amazon business punchout
  • Dashboards and reporting
  • Budget management
  • Contract management
  • RFQs
  • API
View All Features

Benefits

Spend 365 is a SaaS e-procurement solution offering an all-in-one, 9 module suite all under one platform to help organizations control spend and manage financial risk.

Move away from receiving multiple spreadsheets from departments and subsidiaries with Spend 365's high level, detailed reporting for identifying spending habits and savings opportunities.

Evaluate supplier information and prices under a single dashboard, and allow suppliers to submit their RFP/RFQ responses direct to the Spend 365 portal.

Avoid constantly updating contract register spreadsheets with Spend 365's contract management module which stores all contracts electronically, complete with expiry notifications, contract analysis, and more.

Spend 365 offers an API and connects with popular third party accounting softwares and ERPs, allowing data to interact automatically between systems such as QuickBooks, Xero, Sage, SAP and more.