11 POOL4TOOL Alternatives & Similar Software
1. SMART by GEP
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 that are 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 procurement team’s performance to the 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 all the other similar platforms, it also offers complete budget and contract management with some new tools that make it better than others. SMART by GEP also includes core features such as catalog management, savings tracking, contract management, digital procurement transformation, sourcing management, and comprehensive spend management, etc.
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. It is uniquely created by an expert team for all size 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 has 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 confirmations emails when invoices are received, and 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 that removes 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 to the untestable dashboard where you access it all tools and features.
SutiProcure is an all-in-one cloud-based purchase and procurement management software solution that is designed to automate the complete procure-to-pay life cycle. It is a complete solution and uniquely designed for all size of businesses. The software supports the purchasing of goods and raw material products from all the external suppliers with a view on controlling costs. The software comes with the aim to enhance the visibility of supply chain tasks while streamlining each stage of the buying process. One of the best fact 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 offer tools and capabilities that enhance transparency within the organization as well as on all their processes. There is also has an easy to understand dashboard where that is full of key tools and features. SutiProcure most prominent feature includes expense management, invoice processing, auction management, data management, supplier management, and complete asset management, etc.
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, both employees and their employees to easily see how much money has been spent by recording all transaction within the application in a timely and accurate manner. It allows users to set daily, monthly quickly, and fixed project limits that can’t be exceeded by employees. One of the best fact about this software is that it has a 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 that means no action is needed in order to reconcile the payment. Unlike most of the 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.
Coupa is an online business spend management solution designed to help businesses to easily manage their budget and spending. It is a comprehensive solution and comes with all the leading features such as e-procurement, expense management and expense report auditing, real-time benchmarking as well as internet crowdsourcing. The software’s procurement module can be configured for the number of industries including apparel, biotechnology and pharmaceuticals. Coupa also helps businesses executive dashboards and alerts that deliver real-time updates and actionable intelligence in order to manage spending. There is also has an i-request function allows users to search the internet for deals, and automatically add specific items to requisition that make it better than others. Unlike most of the leading solutions, Coupa also supports integration with Google Maps and several enterprise resource planning systems such as SAP, Microsoft Dynamics, and more. With the help of its real-time, benchmarking helps businesses quantify savings produced and benchmark that performance against several market-specific indicators. Coupa is a cloud-based solution that means you can enjoy its service anytime anywhere.
6. Scout RFP
Scout RFP is a cloud-based software solution created to helps procurement and sourcing professionals to launch and manage events across businesses of all sizes quickly. 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 the massive range of markets, including retail, restaurants, technology, universities, hospitals, and more. One of the best thing about this platform is that it delivers users with strategic sourcing and RFx tools for generating RFPs, RFQs, and RFIs with complete pricing sheets. Another great fact about this platform is that 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 solution for running auctions and changing RFPs to auctions with a single click. Its competitive bidding features allows participants to monitor whether they are in the lead, and enable them to adjust bids accordingly that make it better than others. Scout RFP is a commercial program and offers multiple price plans; each plan has its own cost and core features.
Bellwether is a cloud and on-premise purchasing software solution that comes 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, where all its functions are clustered per business process, and users can easily choose the modules required from their business requirements. Bellwether is extensive and flexible platform enables users to readily switch and distribute data with other business systems that allow users to have a more productive and extensively automated business environment. The software also delivers purchasing and inventory solutions with some great business tools to save time and cost as well as effort. As 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 all size of businesses. Bellwether also includes core features such ass make a new PO from scratch, easily reprint, multiple types of invoices, quickly transform, supports both paper and paperless and much more.
Promena is comprehensive e-procurement, e-auction, and e-sourcing solution that is designed to provide corporate enterprises with an efficient platform from which to manage all purchasing activities and supplier relationships. It is a web-based strategic sourcing platform and comes with the aims to provide users a configurable, global, and integrated solution with which 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 able to create shortcuts, and access their calendar. As well as create and manage event lists. Also, with Promena, users can generate online reverse and forward auctions, add suppliers in order 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 allow 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 these are also features of the solution.
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 the alternatives to Procurify and offers some new features that make it better than others. The software offer incorporating budget tracking, spend analysis reports, supplier onboarding, and a customizable product catalog that make it better than others. It comes with the aim to provide users with an effective and efficient spend management solution that all spend and purchasing activities. With this solution, users also have access to purchasing, budget, and supplier management tools that enhance purchasing processes. Unlike a comprehensive purchasing software, Precoro also 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 also enable users to set defined user roles, access a customizable catalog as well as generate free forms in order to create more purchase requests. In order to make it a comprehensive solution, it also offers complete workflow management solution that manages a variety of task and deliver a complete environment for work. Precoro most prominent feature includes requisition management, supplier management, activity management, purchasing management, planning tools, and real-time analytics, etc.
Procurify is a spend management solution that is created for mid-sized businesses, and it is used by hundreds of businesses around the world in order 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 Procurify around departments and teams, as well as allow to create a better spend culture. The software comes with a simple and easy to understand interface where you access it all tools and features. One of the most interesting facts about this spend management solution is that it offera comprehensive real-time budgets solution that helps businesses in both purchasing and finance. The software includes core features such as stunning user-interface, audit trail, multi-location, mobile app and spends controls, etc.
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 not require the need for 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 platform. One most interesting fact about this software is that it offers rich-customization that allow third-party app integrations based on requirements. ProcurementExpress.com comes as the alternatives to Purcurify and provide 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 offer multiple price plans; each one has its own cost and core benefits.
More About POOL4TOOL
POOL4TOOL is a next-gen supply collaboration platform created for suppliers, manufacturers, and departments requiring flexible and secure operational procurement tools. The software is available as a modular SaaS program promising ERP integration with BaaN, SAP Navision, and more. It is built on four conceptual pillars in order to cover strategic purchasing, indirect procurement, operative process optimization, and the product development process. With its centralized portals, users can access supplier relationship management software with supplier database support for supplier registration, certificate management, and performance. POOL4TOOL’s sourcing portal then offers cost breakdown analysis and global price management system while 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 ita comprehensive solution. Unlike most leading supply collaboration solutions, it also offers complete contract management for tracking contract deadline that makes it perfect for all size of businesses. POOL4TOOL also includes core features such as quality portal with a complaint and attest, spend management, ERP integration, store and share certificates and access supplier with score-carding tools, etc.