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OCRex AutoRec Alternatives

#1 SMART by GEP

Free
0

SMART by GEP is a source-to-pay procurement platform that brings an end-to-end procurement functionality for direct and indirect spend management into the single and cloud-native platform. The software features a comprehensive range of procurement tools built into the unified procurement system that eliminates the need for separate, stand-alone software or tools for managing specific tasks. It also helps streamline the end-to-end procurement process that accelerates digital transformation, elevating the procurement team’s performance to a whole new level and improve its strategic reach.

By unifying the complete range of procurement functionality into the single platform, SMART by GEP becomes the single solution for all users that deliver incisive procurement analysis and decisive insights to the CPO, full category control to sourcing managers, and quickly-available catalogs as well as consumers ordering to buyers. Unlike other similar platforms, it also offers complete budget and contract management with some new tools that make it better than others. It also includes core features such as catalog management, savings tracking, contract management, digital procurement transformation, sourcing management, comprehensive spend management, etc.

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#2 AvidXchange

Paid
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AvidXchange is a comprehensive cloud-based accounts payable and payment automation software solution that offers a massive range of new tools for invoice data capture, invoice processing, payments, and reporting, etc. An expert team uniquely creates it for all sizes of businesses with all the leading tools and features. The best thing about this software is that it integrates with all the leading business software and accounting apps, including Sage, QuickBooks, Microsoft Dynamics, and lots of others. There is also a range of automation tools that automatically captures data from invoices submitted by vendors by email or on the web.

With this, vendors are also automatically sent confirmation emails when invoices are received. If vendors work with paper invoices, this notification can be submitted using a secure lockbox and quickly converted to an electronic format that allows users to receive all of their invoices electronically. All the data on this platform are also automatically imported into the system once the invoice is received, removing the need for users to enter data manually. It also has an option that allows vendors to pay electronically while maintaining existing approval workflows and banking relationships. Payment approval workflows can also be modified with multiple options for approvers and step-level approvals that make it better than others. Unlike most of the leading solutions, it also offers a simple and easy untestable dashboard where you access all tools and features.

#3 SutiProcure

Paid
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SutiProcure is an all-in-one cloud-based purchase and procurement management software solution designed to automate the complete procure-to-pay life cycle. It is a complete solution and uniquely designed for all sizes of businesses. The software supports purchasing goods and raw material products from all the external suppliers to control costs. The software enhances the visibility of supply chain tasks while streamlining each stage of the buying process. One of the best facts about this software is that it supports Request for Quotation and reverse auction rules aid sourcing that makes it better than others.

SutiProcure has some unique features that save users time as it takes out time delays by reducing all expenses that stem from auditing. If the user wants to strictly reduce instances of unauthorized spending and purchases, the software offers tools and capabilities that enhance transparency within the organization and all its processes. Its most prominent feature includes expense management, invoice processing, auction management, data management, supplier management, complete asset management, etc. There is also an easy-to-understand dashboard where that is full of key tools and features.

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#4 Emburse

Paid
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Emburse is a complete expense management software solution that allows you to create plastic and virtual credit cards with built-in spending rules. It is a comprehensive platform that comes with some additional features and tools that make it complete for all sizes of businesses. This cloud-based solution allows users to easily see how much money has been spent by recording all transactions within the application quickly and accurately. It allows users to set daily, monthly quickly, and fixed project limits that employees can’t exceed.

One of the best facts about this software is its built-in expense reconciliation system that captures receipts and categorizes transactions as soon as the transaction happens. With the help of these, employees can easily add the receipt on the go by taking an image using any internet-enabled device. Emburse will automatically locate all the receipts in the user’s inbox, which means no action is needed to reconcile the payment. Unlike most similar leading solutions, it also integrates with major third-party accounting platforms that create a seamless workflow and make it better than others. Emburse also includes core features such as permission management, cashback, deductions, role-based permission, spend control, expense categorization, and much more.

#5 Coupa

Paid
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Coupa is an online business spend management solution designed to help businesses easily manage their budget and spending. It is a comprehensive solution and comes with all the leading features such as e-procurement, expense management, expense report auditing, real-time benchmarking, and internet crowdsourcing. The software’s procurement module can be configured for several industries, including apparel, biotechnology, and pharmaceuticals. It also helps businesses executive dashboards and alerts that deliver real-time updates and actionable intelligence to manage spending.

Coupa is a cloud-based solution that means you can enjoy its service anytime, anywhere. There is also an i-request function that allows users to search the internet for deals and automatically add specific items to requisition that make it better. It also supports integration with Google Maps and several enterprise resource planning systems such as SAP, Microsoft Dynamics, and more, unlike most of the leading solutions. With the help of its real-time, benchmarking helps businesses quantify savings produced and benchmark that performance against several market-specific indicators.,

#6 Scout RFP

Paid
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Scout RFP is a cloud-based software solution created to quickly help procurement and sourcing professionals launch and manage events across businesses of all sizes. It is an advanced-level solution and comes with new tools and features that you never see before. The software serves both buyers and suppliers from many markets, including retail, restaurants, technology, universities, hospitals, and more. One of the best things about this platform is that it delivers users strategic sourcing and RFx tools for generating RFPs, RFQs, and RFIs with complete pricing sheets.

Another great fact about this platform is its automated messaging features that help users engage with suppliers, and experts can field stakeholder questions in real-time. All its internal users can be coiled in for supplier evaluations, and its users can automatically chart scores with biased question values. Scout RFP also provides users with a click to launch a solution for running auctions and changing RFPs to auctions with a single click. Its competitive bidding features allow participants to monitor whether they are in the lead and adjust bids accordingly, making it better than others. It is a commercial program and offers multiple price plans; each plan has its own cost and core features.

#7 Bellwether Purchasing

Paid
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Bellwether Purchasing is a cloud and on-premise purchasing software solution with all the leading features and functionalities for businesses of all sizes. It is a service-oriented architecture-based program that uses a modular system design. All its functions are clustered per business process, and users can easily choose the modules required from their business requirements. It is an extensive and flexible platform that enables users to readily switch and distribute data with other business systems to have a more productive and extensively automated business environment.

The software also delivers purchasing and inventory solutions with great business tools to save time, cost, and effort. Compared to all the other similar platforms, it is smart and straightforward to use and offers an easy installation to support fast usage for your organization. After a simple installation procedure, you can easily use this to process your purchasing tasks. Another great fact about this purchasing software is that it supports advanced budgeting and workflow that make a complete solution for businesses. Bellwether Purchasing also includes core features such as making a new PO from scratch, easily reprinting multiple types of invoices, quickly transforming, supporting both paper and paperless, and much more.

#8 Promena

Paid
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Promena is comprehensive e-procurement, e-auction, and e-sourcing solution designed to provide corporate enterprises with an efficient platform to manage all purchasing activities and supplier relationships. It is a web-based strategic sourcing platform and aims to provide users a configurable, global, and integrated solution to improve productivity and transparency within the enterprise supply chain. With the help of this solution, users can easily manage and navigate all auction and procurement tasks easily from the main dashboard that is quite simple and easy to use.

Through its dashboard, users can also be able to create shortcuts and access their calendars. Using this tool, users can generate online reverse and forward auctions, add suppliers to receive bids, and gather updated details about suppliers using its SRM tool that make it better than others. Unlike most of the similar leading software, it also offers comprehensive risk management that allows users to determine risks in the supply chain and more. Moreover, the software includes reporting and analysis tools that enable users to generate detailed analyses of purchasing tasks. Expense management, ERP integration, order approval, progress reports, supply chain, activity dashboard, and procurement management are also features of the solution.

#9 Precoro

Freemium
0

Precoro is an online spend management software solution that is designed to automate its procurement management processes. It is a comprehensive solution that comes as an alternative to Procurify and offers some new features that make it better than others. The software incorporates budget tracking, spend analysis reports, supplier onboarding, and a customizable product catalog that make it better than others. It intends to provide users with an effective and efficient spend management solution for all spend and purchasing activities. With this solution, users also have access to purchasing, budget, and supplier management tools that enhance purchasing processes.

Unlike other comprehensive purchasing software, it has a feature that allows users to create purchase requests, set approval, and send purchase orders to suppliers rapidly. It’s a smart purchasing solution that also enables users to set defined user roles, access a customizable catalog, and generate free forms to create more purchase requests. To make it a comprehensive solution, it also offers a complete workflow management solution that manages various tasks and delivers a complete environment for work. Precoro’s most prominent feature includes requisition management, supplier management, activity management, purchasing management, planning tools, real-time analytics, etc.

#10 POOL4TOOL

Paid
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POOL4TOOL (now known as JAGGAER) is a next-gen supply collaboration platform created for suppliers, manufacturers, and departments requiring flexible and secure operational procurement tools. It is built on four conceptual pillars to cover strategic purchasing, indirect procurement, operative process optimization, and product development. With its centralized portals, users can access supplier relationship management software with supplier database support for supplier registration, certificate management, and performance. The software is available as a modular SaaS program promising ERP integration with BaaN, SAP Navision, and more.

Its sourcing portal offers cost breakdown analysis and a global price management system. At the same time, the e-procurement portal spans the complete procure-to-pay process with catalog content management as well as spend management modules. Also, the software’s project portal delivers project and portfolio management, product lifecycle management, and document management capabilities for planning global development projects that make it a comprehensive solution. Unlike most leading supply collaboration solutions, it also offers complete contract management for tracking contract deadlines that make it perfect for all sizes of businesses. POOL4TOOL also includes core features such as quality portal with a complaint and attest, spend management, ERP integration, store and share certificates, access supplier with score-carding tools, etc.

#11 ProcurementExpress.com

Freemium
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ProcurementExpress.com is a finance and accounting software solution that helps users achieve significant productivity in their purchasing and budgeting tasks, within and outside the workplace. It allows you to approve purchase orders directly from your inbox quickly and does not require any passwords or login. The software also allows your accounting unit to receive precise purchase records that make it better than others. All its necessary transaction data are accessible 24/7 and can easily integrate with all the leading financial platforms.

ProcurementExpress.com comes as the alternatives to Purcurify and provides all core services and features. Its most prominent feature includes access from any device, easy to use, mobile-friendly, fast setup, instant view of the budget and customization, etc. It is a commercial program and offers multiple price plans; each has its own cost and core benefits. One most interesting fact about this software is that it offers rich customization that allows third-party app integrations based on requirements.

#12 Procurify

Paid
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Procurify is a spend management solution created for mid-sized businesses, and hundreds of businesses worldwide use it to track, control, and analyze their spending. It is uniquely created by an expert team and contains all the core features that make it better than others. With the help of its complete workflow and user-friendly interface, purchasing and finance teams have been able to implement this tool around departments and teams and create a better spend culture.

The software comes with a simple and easy-to-understand interface where you access all tools and features. One of the most interesting facts about this spend management solution is that it offers a comprehensive real-time budgets solution that helps businesses purchase and finance. This software includes core features such as a stunning user interface, audit trail, multi-location, mobile app and spends controls, etc.