Spendwise

What Spendwise is

Spendwise is web-based procure-to-pay software that combines purchasing and accounts payable. It supports purchase requests, approvals, purchase orders, receiving, invoices, budgets, vendors, catalogs, inventory, and reports. Requests can include item details, vendor information, attachments, and budget codes, with approval routing by amount, department, or category. For accounts payable, users can capture invoices by email or upload, extract details with OCR, code invoices, route them for approval, and match them against purchase orders and receipts. Basic costs $9/user/mo and is limited to five users and 10 transactions per month. Pro costs $19/user/mo, supports up to 50 users and unlimited monthly transactions, and includes multiple dashboards, approval controls, custom user roles, budgets, and currency conversions. Enterprise supports unlimited users and transactions and includes an implementation package and priority support; pricing is by contact. Amazon and accounting-system integrations are optional add-ons for Pro and Enterprise. A 30 day free trial is available without a credit card, and signup says users can cancel anytime. Spendwise says transmitted and stored data is encrypted using up to 256-bit technology. It is designed for organizations seeking purchasing and accounts payable control without the complexity of a traditional enterprise procurement system.

Who it suits

Spendwise may suit organizations that want purchasing and accounts payable controls without a traditional enterprise procurement system. The plans list limits for users and transactions, so organizations should check those against their needs.

Limits

Basic is limited to 5 users and 10 transactions per month. Pro supports up to 50 users with unlimited monthly transactions; Enterprise lists unlimited users and transactions.

Getting started

1. Open the Spendwise website
2. Start the signup flow for the 30-day free trial
3. Use the web application
4. Choose Basic, Pro, or Enterprise based on users and transaction needs
5. Add optional integrations where available on Pro or Enterprise

Verdict

Spendwise covers purchasing and invoice workflows, with plan limits that vary from Basic to Enterprise. Compare user and transaction needs, and account for optional integrations, before selecting a plan.