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What is SpendBridge?

Fragmentation remains the primary obstacle in managing expenditures effectively today. The situation has become more intricate due to an increasing number of people involved in purchasing, coupled with a rise in locations, suppliers, and processes that come into play. At the same time, businesses are grappling with the challenge of constrained resources, which includes a dwindling number of purchasing staff, smaller accounts payable teams, and tighter budgets. SpendBridge provides an all-encompassing solution that centralizes and automates the entire source-to-pay process, addressing these complexities. As the demands on time and efficiency grow, organizations find themselves in urgent need of a more straightforward and accurate user experience. SpendBridge brings together all contracts, suppliers, catalogs, and invoices into one cohesive, user-friendly marketplace that operates flawlessly across various departments and locations. However, transitioning away from established manual processes can be a daunting challenge for many organizations. To achieve their cost and quality objectives, companies must have instant access to spending data and dependable expenditure reporting, which are crucial for making informed choices. This pressing need for enhanced efficiency and transparency propels organizations towards exploring innovative solutions like SpendBridge, ultimately positioning them for better financial outcomes.

What is Precoro?

Precoro is a comprehensive cloud-based platform designed to consolidate and automate procurement, AP, and payment management. It seamlessly orchestrates your "request-to-pay" cycle, reduces manual tasks, curbs unauthorized spending, and accelerates savings through AI-driven intelligence. Procurement: Enhance relationships with suppliers, centralize contract management, and streamline employee requests for greater efficiency. AP & Payments: Optimize the invoice lifecycle using AI-driven OCR, 3-way matching, and automated workflows. Securely execute vendor payments directly from the platform to complete your financial cycle. Spend Management: Effortlessly monitor budgets across various locations and departments, manage expenditures, and generate reports that provide valuable insights. Supplier Management: Improve the onboarding process for vendors and streamline approvals to mitigate potential risks. Precoro integrates with ERP systems like NetSuite, QuickBooks Online, Xero, and Sage, or you can establish custom connections using a free API, effectively eliminating duplicate payments and manual document handling. With an intuitive interface, Precoro ensures onboarding in less than six weeks without needing IT support. You can customize the system, scale operations, and receive continuous assistance from your personal Customer Success Manager (CSM). Moreover, your data remains secure with SSO and robust two-factor authentication, providing peace of mind while you manage your procurement and financial needs.

Media

Media

Integrations Supported

Amazon
Amazon Business
Exact Online
Grainger
Microsoft Dynamics 365
Microsoft Dynamics 365 Business Central
Microsoft Power BI
NetSuite
Odoo
Orange Apron Media
QuickBooks Desktop Pro
QuickBooks Online
QuickBooks Online Advanced
Sage 100
Sage 50
Sage Intacct
Slack
Xero

Integrations Supported

Amazon
Amazon Business
Exact Online
Grainger
Microsoft Dynamics 365
Microsoft Dynamics 365 Business Central
Microsoft Power BI
NetSuite
Odoo
Orange Apron Media
QuickBooks Desktop Pro
QuickBooks Online
QuickBooks Online Advanced
Sage 100
Sage 50
Sage Intacct
Slack
Xero

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$499/month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

SpendBridge

Date Founded

1986

Company Location

United States

Company Website

spendbridge.com

Company Facts

Organization Name

Precoro

Date Founded

2015

Company Location

United States

Company Website

precoro.com

Categories and Features

Procurement

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Categories and Features

Emissions Management

Allowance Management
Automatic CO2 Calculation
Emission Inventory
Emission Reduction Planning
Emissions Monitoring
Emissions Trading
Frequency-Based Tasks
Permit Level Maintenance
Risk Management

ESG

Activity Dashboard
Analytics/Reporting
Audit Management
Benchmarking
Compliance Management
Data Visualization
Document Management
Performance Metrics
Risk Assessment

Expense Report

Approval Process Control
Invoice Management
Multi-Currency
Receipt Management
Reimbursement Management
Spend Control
Time Tracking
Workflow Management

Procure to Pay

Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management

Procurement

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Purchasing

Catalog Management
Compliance Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Spend Management

Approval Workflow
Budgeting / Forecasting
Expense Tracking
Multi-Currency
Prepaid Cards
Procurement Management
Receipt Management
Spend Analysis
Spend Control
Supplier Management

Sustainability

Audit Management
Benchmarking
Compliance Management
Corrective Actions (CAPA)
Emissions Management
Employee Training
Energy Management
Incident Management
KPIs
Performance Metrics
Stakeholder Engagement
Supplier Management
Waste Management

Vendor Management

Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking

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