Best Purchasing Software

Purchasing software helps companies streamline the latter half of the procurement process by automating and recording the steps in the purchasing cycle. Purchasing software allows users to better manage the purchasing process and automatically links purchasing functions with accounting functions. By doing this, not only does it promote better financial awareness and purchasing records, but it provides cost and time savings. This software is mainly implemented by buyers and accounting teams. Some purchasing software will provide a portal for sellers to submit invoices to the buyer. Purchasing software is closely related to procurement software, but it’s important to distinguish between the two. Procurement software covers a wider range of functions than purchasing software does because the purchasing cycle only covers a subset of tasks within the procurement process. Due to this relationship, a lot of software will overlap between the two categories.

To qualify for inclusion in the Purchasing category, a product must:

  • Provide electronic purchase order creation
  • Allow for purchase order approval
  • Record invoices
  • Provide confirmation for the receipt of goods

Purchasing Software Grid® Overview

The best Purchasing Software products are determined by customer satisfaction (based on user reviews) and scale (based on market share, vendor size, and social impact) and placed into four categories on the Grid®:
  • Products in the Leader quadrant are rated highly by G2 Crowd users and have substantial Market Presence scores. Leaders include: Tradeshift
  • High Performers are highly rated by their users, but have not yet achieved the market share and scale of the Leaders. High Performers include: Bellwether Purchasing Software, SellerCloud, Rubberstamp, and Vroozi Procurement Platform
  • Contenders have significant Market Presence and resources, but have received below average user Satisfaction ratings or have not yet received a sufficient number of reviews to validate the solution. Contenders include: Coupa Procurement and Ariba
  • Niche solutions do not have the Market Presence of the Leaders. They may have been rated positively on customer Satisfaction, but have not yet received enough reviews to validate them. Niche products include: Unleashed
G2 Crowd Grid® for Purchasing
Leaders
High Performers
Contenders
Niche
Coupa procurement
Ariba
Bellwether purchasing software
Unleashed
Sellercloud
Rubberstamp
Tradeshift
Vroozi procurement platform
Market Presence
Satisfaction
Linked in no background

Get personalized Purchasing recommendations

1
2
3

Compare Purchasing Software

    Results: 70

    Kate avatar
    Kate from G2 Crowd

    Learning about Purchasing?

    I can help.
    Get FREE professional recommendations in just a few minutes.