Procure to Pay
REQUEST, APPROVE, RECEIVE. Spend 365 offers a Three-Way Matching process which allows departments to manage financial risk and control spend. Linking each approved order to a Purchase Order, automated by the platform which both connect to the supplier invoice meaning all financial information is linked to a single order and can be located within two clicks.
Companies are now moving away from the days of receiving multiple spreadsheets from their departments and subsidiaries to make use of high level, detailed reporting. Spend 365 can aggregate spend data from multiple systems as well as cleanse and classify to your needs. With Spend 365’s interactive Spend Dashboard you’re able to identify spending habits and savings opportunities across your business as well as rectify compliance concerns.
As well as a fully interactive Spend Analysis platform, Spend 365 allows you to dig deeper into your procurement data with an easy to use sort and filter function which means you can cut your data in any format you wish as well as export your results into meaningful analysis for meetings. If you wish to go even deeper make use of our Pivot Table module which allows users to produce their own visualisations from your own companies’ data.
With the Spend 365 Supplier Management platform you gain an extensive view of your companies’ vendors throughout your entire sourcing process ensuring compliance with your preferred suppliers. Combined with the Spend Analysis and Reporting modules you can gain insights of your purchasing activities with each supplier and ensure you’re purchasing your goods and services through the best and most cost-effective vendors.
Keep the quality for your product data up to date including price changes and new items. Simply add products direct from your products database on the Spend 365 platform straight into a new order. Ensure price compliance throughout your organisation and stop paying different prices for the same products.
Take advantage of our e-Catalogue which connects directly to popular e-commerce sites such as Amazon, Staples, Office Depot and much more. A Spend 365 module that pulls information on products and services sold via online giants which can be pulled straight into your orders allowing you to purchase your favourite products or compare competitors for a more cost-effective price.
Take control of your departments and locations budgets and track real time spend performance as well as budget analysis. Spend 365 gives you the option to amend budgets at any time and manage spend control throughout your business.
Say goodbye to hours of spreadsheet preparation and send out RFQ’s and RFP’s in minutes. Simply list the items you need, build a questionnaire and let your suppliers submit their responses direct to the portal. Evaluate your supplier’s information and prices all under one dashboard.
Compare supplier RFQ responses side by side with detailed price breakdowns and questionnaire responses. Our Supplier Evaluation module allows you to monitor supplier activity on all your sourcing activities as suppliers complete and update their responses.
Offers insights across your organisations legal procurement activities. Contracts electronically stored, contract expiry notifications, customised notifications, contract analysis and time saved on searching for contract and supplier management information in paper form. Say goodbye to updating tedious contract register spreadsheets.
|Purchase to Pay|
|Real Time Budget Tracking|
|Purchase Order Creation|
|3 Way Matching|
|Sourcing (RFP/RFQ Automation)|
|AWS Cloud Backup|
|Amazon Business Punchout (Coming Soon)|
|Additional Requested Punchouts|
|Unlimited Financial Data Storage|
|Phone, Live Chat & Online Support|
|Dedicated Customer Success Manager|
|Companies Own Sub Domain|
|Training (Web Based)|
|Training in Person (UK Only)|
Spend 365 gives us clear insight into our organisations spend. The interactive dashboards and dynamic reporting features helps us understand our companies buying habits and allows us to drive preferred supplier compliance and minimise risk with the software's Contract Management suite
Spend 365 allows us to create RFQ's almost instantly. Their P2P module is very easy to use and keeps Orders, Purchase Orders and Invoices in one place.
Spend 365 helps us keep all of our contracts under one platform minimizing risk and is great for managing our organisations budgets. Perfect SME procurement solution