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11 Best Procurement Management Tech Programs for Businesses 2022
Last Updated on 3rd January, 2022 by Lachie Hiriart
Our list of the best procurement management systems in 2022:
1. Ariba Network
Ariba is a network for simplifying supply chain finance and purchases, with over 2 million users in the supply chain industry. Ariba’s cloud-based system has modules such as supplier portal, contract negotiations, eInvoicing systems and more.
2. spend management
Spend management is the process of tracking, managing and benchmarking expenses. It’s an integral part of procurement software because it can increase operational efficiencies through the use of functionalities such as document scanning, expense reports, credit card integration and more.
3. mSupply
MSupply is a cloud-based procurement software that includes modules such as purchasing, eSourcing and spend management. It’s ideal for small to mid-sized businesses, and larger enterprises can take advantage of its organizational structure to assign team members and tasks.
4. OpenSC
OpenSC is an open source next-day supplier network that helps procurement teams streamline purchasing activities. It has features such as conflict checking, contract negotiation and eProcurement.
5. Avionté
Avionté offers a suite of cloud-based procurement management tools that can reduce costs and improve company efficiency. It includes modules such as spend visibility, benchmarking, business intelligence capabilities and more.
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6. Sagacify
Sagacify’s cloud-based procurement software has a user-friendly interface to increase participation from workers across departments and facilitates quick approvals for purchases. also integrates with popular CRM software for improved management.
7. WorldStrides
WorldStrides provides procurement services to K–12 schools and non-profit organizations through its software as a service (SaaS) product, which makes it easy to distribute purchases across different departments within organizations. It also includes task tracking, budgeting tools and more.
8. Essentra PLC
Essentra’s cloud-based procurement software is specifically designed for manufacturers, with features such as supplier rating, eSourcing and spend analysis. Other modules include P4P (partner for process improvement), consulting services and impact management tools.
9. Unimills
Unimills’ cloud-based procurement platform for the construction, manufacturing and industrial equipment verticals. It includes modules such as supplier rating, eSourcing and spend analysis.
10. CXMatters
CXMatters is a cloud-based procurement platform that includes modules such as spend analysis, eSourcing and supplier performance management. It’s designed for multi-unit organizations to centralize purchase orders and approval workflows.
11. Procurify
Procurify is a web-based procurement solution that centers on the procurement process from first order through payment of goods received.
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Founder of Entrepreneurship Group, Lachie Hiriart
