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Spendwise
What Is Spendwise?
Spendwise is affordable easy-to-use procurement software that helps you save time and money.
Spendwise is trusted by top organizations around the world to manage billions in spending. Customers include Miracle-Ear, Embassy Suites, Worley, the YMCA, Gildan and more. Users can create purchase requests and submit them for approval. Purchase requests are automatically routed to approvers for approval. Approved purchase requests convert into purchase orders that can be placed with vendors. Users can keep track of what goods or services get received on purchase orders and match vendor invoices to receiving transactions and purchase orders. Budgets and reports can be used to ensure spending is authorized and on track. Spendwise is web-based so you don't have to install software and you can access it from anywhere. Visit our website for more information and sign up for a Free Trial and/or Demo!
Who Uses Spendwise?
Thousands of businesses and other organizations of all sectors and sizes use Spendwise to save time and money.
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Reviews of Spendwise
A game-changer for all our procurement needs
Comments: The software had dramatically enhanced our company's experience with spending and procurement. It has helped us with managing our sales, purchase orders, inventories and tools through a clean interface. The procurement team has been able to work together on invoices and PO's more seamlessly owing its cloud compatibility and safe online storage. We are now able to create budgets for various tasks and use Spendwise to track our overall spending. Overall experience has indeed been wonderful, highly recommended for procurement teams in multiple sectors.
Pros:
Spendwise is a comprehensive tool to assess our company expenditure. It offers a user-friendly interface , one that helps us save on time and eliminate excess administrative costs. We are able to manage our invoices, purchase orders, bills and expenses in a streamlined manner. A great feature of this software is that it is possible to assign roles to users, and provide access to certain transactions, thereby ensuring that the right person can examine authorized features only.
Cons:
Sometimes when there is a software update, it becomes challenging to navigate through the new changes. With a lack of manuals or training, the updates can take time getting used to.
Spendwise Response
6 years ago
Thank you for your feedback. We appreciate your enthusiastic recommendation of our product. I am sorry to hear that you have experienced challenges adapting to updates we make to our product. We do offer a User Guide, FAQs and Tips in our Help Center which we hope helps users adapt to updates but would be glad to consider other ways we can make it easier. I will follow-up with you directly to further discuss.
Now I Know
Comments: Wish we would have purchased this system earlier. This is our first budget cycle when we have full visibility into all of our costs plus we are now able to manage inventory and fulfilment in one system. We love it if you couldn't tell!! :)
Pros:
This software has solved the age old issue of knowing what everyone is spending throughout the organization. We connect all the procurement pieces in one system from purchase requisition through final invoice payment and it's cut our time to process payment by over 50%!
Cons:
None really. It connects to QuickBooks and the training to get everyone using the system was minimal.
basic needs
Comments: organization and communication was key when communicating with my co-workers on multiple projects. This helped us keep all of our orders in one location so that if one of us was not present that the others would know what had been ordered.
Pros:
It allowed us to keep vendors saved for future use. We were able to reference different orders to the PO numbers. It allowed us to continue to reference old PO's to see what transaction happened that had taken place before our hire.
Cons:
The search engine was very specific. If we were looking for drawstring bags and it was entered in as draw string bags the search field wouldn't find it. I wish that a bit more information about the order would appear in the list screen. We would place multiple orders in a day from the same vendor. If we were searching for a particular item but the search feature didn't pull it up we would have to search through the many PO's from that particular vendor click in and closing out each one until we find the right one. Where if there was a column that showed the notes or possibly 1 line item in the PO that would help find things quicker.
Spendwise Response
8 years ago
Thank you for your feedback Brittney. Agree that we need to improve search functionality and it is on our "to do" list.
Accounting
Pros:
Easy to learn and use. It is so helpful.
Purchase order and bills success
Pros:
The product is easy to use, and you can organize your spendwide with different companies with their different vendors
Cons:
When I started using the spend wise was hard for me to close the purchase order, basically when you received a lot of bills at the same time, but after I started using it more often it was smoother and faster
