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About Spendwise
Spendwise is a cloud-based system that helps businesses and other organizations track, manage and control spending. Users can create purchase orders, submit them for approval, approve or reject them, and email them directly to vendors. Users can also keep track of receiving on purchase orders, match vendor invoices to purchase orders and receipts and manage other bills and expenses.
Spendwise includes optional inventory tracking features, budget tracking tools, and over 25 standard reports to help users stay on top of spending. Users can export purchase orders, receipts, bills and other information from Spendwise.
Spendwise offers telephone and email support along with a user guide and other resources in their online help center. Pricing varies depending on number of users and features included.
Spendwise pricing
Spendwise has a free version and offers a free trial. Spendwise paid version starts at US$9.00/month.
Starting Price:
US$9.00/month
Free Version:
Yes
Free trial:
Yes
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Spendwise Reviews
Feature rating
5 reviews of 237
View all reviews
John
- Industry: Aviation & Aerospace
- Company size: 51–200 Employees
- Used Daily for 2+ years
-
Review Source
Value for Money
5
Features
4
Ease of Use
5
Customer Support
5
5
Reviewed on 9/12/2022
Simple and Easy
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.
Alternatives Considered
ProcurementExpress.comReasons for Choosing Spendwise
Excel isn't designed for procurement management.Switched From
Microsoft ExcelReasons for Switching to Spendwise
Price and ease of use.
Tabish
- Industry: Airlines/Aviation
- Company size: 201–500 Employees
- Used Daily for 6-12 months
-
Review Source
Value for Money
5
Features
4
Ease of Use
4
Customer Support
3
5
Reviewed on 2/07/2019
A game-changer for all our procurement needs
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.
Response from Spendwise
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.
Replied 4/07/2019
Brandy
- Industry: Financial Services
- Company size: 201–500 Employees
- Used Weekly for 2+ years
-
Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5
5
Reviewed on 19/09/2024
Great software, Great price!
Spendwise has been great. The ease of use, the options for payment, and the customer service team have been easy to work with.
Pros
The software is easy to use but also has all the purchasing-related things that are needed in the software.
Cons
We have been using Spendwise for over 4 years and we haven't found anything in the software that hasn't benefitted us.
Brittney
- Industry: Wireless
- Company size: 2–10 Employees
- Used Weekly for 2+ years
-
Review Source
Value for Money
3
Features
3
Ease of Use
3
Customer Support
3
3
Reviewed on 3/08/2017
basic needs
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.
Response from Spendwise
Thank you for your feedback Brittney. Agree that we need to improve search functionality and it is on our "to do" list.
Replied 4/08/2017
Lisa
- Industry: Nonprofit Organisation Management
- Company size: 11–50 Employees
- Used Daily for 6-12 months
-
Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5
5
Reviewed on 29/12/2020
Now I Know
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.
