15 years helping Israeli businesses
choose better software

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.

Spendwise Software - PO dashboard
Spendwise Software - PO Form - edit
Spendwise Software - PO Form - saved
Spendwise Software - PO list
Spendwise Software - PO report

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Reviews of Spendwise

Average score

Overall
4.6
Ease of Use
4.5
Customer Service
4.5
Features
4.4
Value for Money
4.5

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001
John
John
Quality Engineer in US
Verified LinkedIn User
Aviation & Aerospace, 51–200 Employees
Used the Software for: 2+ years
Reviewer Source

Alternatives Considered:

Simple and Easy

5.0 2 years ago

Comments: Before deciding to use Spendwise, I explored other procurement management systems/software. They were pricey and didn't seem as easy to use. Spendwise was very easy for my users to understand and I feel that I'm getting a good value for what we pay.

Pros:

Before using Spendwise, my organization was generating purchase orders from spreadsheets. Spendwise was a no brainer. The interface is simple and easy to use. Navigating Spendwise is a breeze as its responsiveness is quick.

Cons:

As an AS9100-certified organization, it's important for us to track supplier performance. One metric that we use is supplier on-time delivery. That feature is not currently available.

Tabish
Tabish
Procurement Specialist in United Arab Emirates
Verified LinkedIn User
Airlines/Aviation, 201–500 Employees
Used the Software for: 6-12 months
Reviewer Source

A game-changer for all our procurement needs

5.0 5 years ago

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

5 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.

Brittney
Marketing Events Coordinator in US
Wireless, 2–10 Employees
Used the Software for: 2+ years
Reviewer Source

basic needs

3.0 7 years ago

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

7 years ago

Thank you for your feedback Brittney. Agree that we need to improve search functionality and it is on our "to do" list.

William
Data Acquisition Engineer in US
Sports, 11–50 Employees
Used the Software for: 2+ years
Reviewer Source

Happy 6 year user

5.0 3 months ago

Comments: I use Spendwise specifically for the purchasing functionality. What works best of us is the cloud based application allows us to have our team in multiple remote locations yet get POs requested, approved, and sent to vendors quickly which helps us stay on schedule with every project we are managing. Our experience with Spendwise has been great and I can recommend it without hesitation.

Pros:

Ease of use and the web based application. I was not responsible for selecting it but our team is all glad it works so well for our needs.

Cons:

I do not have any dislikes although we do not use all parts of the software. The purchasing portion does every thing we need.

Lisa
Executive Director in US
Nonprofit Organization Management, 11–50 Employees
Used the Software for: 6-12 months
Reviewer Source

Now I Know

5.0 3 years ago

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.