Procurement software
Reduce costs and achieve end-to-end visibility with our procurement software solutions. Designed for a range of industries, including hospitality, finance, health and social care and construction.
Gain control and maximise spend with procurement software
Our procurement software drives performance for businesses across several industries, from construction to finance, by streamlining procurement and increasing spending efficiency. Through automated invoicing and payments, as well as intelligent reporting, businesses can save money and improve supplier relationships.
Thousands of businesses across the UK and globally put their trust in our software. Explore our procurement solutions to find out why you should, too.
Benefits of using software for procurement
- Increased visibility and control - Gain complete visibility and control over the entire procurement process with accurate real-time reporting.
- Easy adaptation to the changing market - Use real-time insights to quickly adapt to changes in the market, allowing businesses to make informed decisions based on the current market conditions.
- Improved supplier relationship management - Build stronger supplier relationships through a centralised platform for communication and collaboration. Helping reduce the risk of supply chain disruptions.
- Cost-savings and maximised spend - Identify cost-saving opportunities and unlock value within the business by providing visibility of spend across departments, suppliers and categories.
- Automation of time-consuming activities - Automate repetitive or time-consuming activities allowing for more time to build supplier relationships and cost optimisation.
- Increased compliance and reduced risk - Compliance and regulation checks can be automated, helping to reduce the risk of fraud, corruption and other compliance violations.
Save time with dynamic workflows and automation
Automatically respond to changes with dynamic workflows, saving time and money by unlocking efficiency with automation.
- Automated data capture: Remove the need for lengthy manual data entry with automated data capture. This can be used for capturing invoice data, matching POs and also managing payment conditions.
- Dynamic workflows: From dynamic approval processes and workflow rules to improve business processes.
- Document storage: Upload and store and manage documents. Making documents easy to find and match against financial transactions.
Key features of our procurement software solutions
e-Procurement and e-Purchasing
e-Procurement and e-Purchasing eliminate the need for paper-based processes, reducing the chances of delays, errors or files going missing. Automation of tasks such as purchase order creation, invoice processing and vendor management can increase efficiency and free up time for employees.
- Cost saving by reducing the amount of time spent on repetitive procurement tasks, and providing real-time data on purchase trends, market prices and supplier performance.
- Improved compliance with internal and external policies and regulations. This can be done by enforcing rules, tracking spending and creating audit trails.
- Better collaboration between different teams within the business through increased visibility of real-time activities relating to procurement.
Centralised purchasing management
Centralised purchase management systems streamline businesses' purchasing process by consolidating all the purchasing activities. By consolidating all the purchasing activity into a single platform it can make it easier for procurement teams to manage the process and easier to find what you’re looking for.
This, in turn, means businesses have better visibility and control over purchases and allows the creation of enhanced reports.
Budget checks and tracking
Set up multiple budgets for different categories of goods or even services. Procurement software can then use an automated process to check budgets and identify any proposed purchases that might cause the budget to be exceeded.
This will trigger an alert to the relevant team within the business who can then use important human judgement and make a data-informed decision.
Tracking of purchase orders, invoices and payments can provide real-time data on the business' expenses to help identify saving opportunities and keep spending in line with the budget.
Automatic data capture
This is an important feature of procurement software as it is a more efficient and accurate way to collect and process data than manual entry. Using technologies such as invoice OCR, API's and other systems to collect and transfer data electronically.
- Improved accuracy by reducing the risk of errors that can easily occur when manually entering data into a system.
- Faster processing and data collection times
- Reduced administrative workload for procurement teams by automating tasks.
- Real-time data leads to increased data visibility and the ability to make more informed decisions.
Dynamic approval workflows
Dynamic approval workflows can adjust to changing conditions in real-time allowing for responsive and efficient approval processes. Using automated approval based on specific criteria in the process. This leads to a more efficient and effective way to manage the approval process.
There has been a transformation in the way financial data is being managed end to end, greater empowerment within project teams, an improvement in accuracy and timeliness of data, and opening up the possibilities of new technologies in the future.
Discover procurement software for:
Construction
Procurement management software to level up the procurement process.
Finance
Purchase order software to streamline the procure-to-pay process.
Hospitality
Reduce costs with procurement and inventory management software.
Health & social care
A requirement-by-requirement approach to accommodate any business need.
We deliver procurement software solutions to organisations across the UK
"Putting on purchase invoices takes a significant amount of time less than it did under our previous system."
Andy Thorpe, CFO at Albumedix
"The system is so easy-to-use, all levels of our team can use it and the Accounts team in particular find the system extremely beneficial. I can’t imagine life without Access Procure Wizard because it makes our lives so much easier and the accounting process is so much simpler. Anyone who’s working off spreadsheets and pieces of paper is definitely missing a trick."
Dalata Hotel Group
"We automated our purchase order process, before which we just had a manual process, then we implemented the invoice register process which has been really useful… We’ve got just under 100 users throughout our company that use Access software for invoice approval and purchase order approval."
Jayne Simmons, Finance Business Partner at Association for Project Management
"What sets Access Procure Wizard apart from the rest, is the full kitchen management system. It has a full array of functions from control and waste to food flash and allergen data. It gives you the confidence and transparency when controlling costs to purchasing, to understanding theoretical GPs on menus."
Macdonald Hotels & Resorts
"The technology they have given our business is the best on the market and when you use P2P, advanced stock, flash reporting, menus, dishes and recipes and allergen management in tandem, it really puts you in the best position to have a profitable business. We simply couldn’t control our costs without it"
Loudons
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Procurement software FAQs
What is procurement software?
Procurement software is a type of software that helps organisations automate and streamline the entire procurement process. Procurement software can be used to manage the entire procurement cycle, from requisition to payment, and can be customised to meet the specific needs of different industries and businesses.
What are the advantages of eProcurement software?
There are many advantages of using eProcurement software, including increased efficiency through automation, identifying cost-saving opportunities within the business and improving supplier relationships with a centralised platform for communication.
