Spendwise

Spend management software for business

4,5 /5 (202 reviews) Write a Review!

Spendwise Overview

What is Spendwise?

Spendwise - formerly Officewise - offers online software that helps businesses manage their spending. Spendwise allows users to create purchase orders, manage purchase order approvals, keep track of what gets received on purchase orders, and match vendor invoices to purchase orders and receipts on purchase orders. Spendwise also allows users to manage their vendors and item list.

In addition, Spendwise offers inventory tracking as an add-on to it's core spend management product. The inventory tracking add-on allows users to manage orders from customers and inventory quantities.

Spendwise Overview

Pricing

Starting from
N/A

Pricing options

Free Trial
Subscription
Value for money

Pricing varies depending on number of users and features included.


Spendwise Features

Devices
Business size
S M L
Markets
United States, Canada, United Kingdom, Australia, China and 5 others, India, Japan, Germany, Brazil, Mexico
Supported Languages
English

Media

Spendwise screenshot: Spendwise screenshot: Spendwise screenshot: Spendwise screenshot: Spendwise screenshot:

Spendwise Reviews

Spendwise Reviews

Overall rating
4,5
/
5
Excellent
124

Very good
61

Average
15

Poor
1

Terrible
1

Value for Money
4,4
Features
4,3
Ease of Use
4,4
Customer Support
4,5
92% recommended this app
Tabish A.

A game-changer for all our procurement needs

The software had dramatically enhanced our company's experience with spending and procurement. It has helped us with managing our sales, purchase orders, inventories and tools through a clean interface. The procurement team has been able to work together on invoices and PO's more seamlessly owing its cloud compatibility and safe online storage. We are now able to create budgets for various tasks and use Spendwise to track our overall spending. Overall experience has indeed been wonderful, highly recommended for procurement teams in multiple sectors.


Lisa B.

Now I Know

Wish we would have purchased this system earlier. This is our first budget cycle when we have full visibility into all of our costs plus we are now able to manage inventory and fulfilment in one system. We love it if you couldn't tell!! :)


Brittney T.

basic needs

organization and communication was key when communicating with my co-workers on multiple projects. This helped us keep all of our orders in one location so that if one of us was not present that the others would know what had been ordered.


Melissa C.

Great Program and Easy to Use!

This program is great because I can communicate with other employees through the program and I really enjoy the ease of use.


Samuel F.

Must have to track inventory


Tabish A.
Industry: Airlines/Aviation
Company size: 201-500 Employees

A game-changer for all our procurement needs

Used Daily for 6-12 months
Reviewed on 2019/07/02
Review Source: Capterra

The software had dramatically enhanced our company's experience with spending and procurement. It has helped us with managing our sales, purchase orders, inventories and tools through a clean interface. The procurement team has been able to work together on invoices and PO's more seamlessly owing its cloud compatibility and safe online storage. We are now able to create budgets for various tasks and use Spendwise to track our overall spending. Overall experience has indeed been wonderful, highly recommended for procurement teams in multiple sectors.

Pros

Spendwise is a comprehensive tool to assess our company expenditure. It offers a user-friendly interface , one that helps us save on time and eliminate excess administrative costs. We are able to manage our invoices, purchase orders, bills and expenses in a streamlined manner.
A great feature of this software is that it is possible to assign roles to users, and provide access to certain transactions, thereby ensuring that the right person can examine authorized features only.

Cons

Sometimes when there is a software update, it becomes challenging to navigate through the new changes. With a lack of manuals or training, the updates can take time getting used to.

Response from Spendwise

Thank you for your feedback. We appreciate your enthusiastic recommendation of our product. I am sorry to hear that you have experienced challenges adapting to updates we make to our product. We do offer a User Guide, FAQs and Tips in our Help Center which we hope helps users adapt to updates but would be glad to consider other ways we can make it easier. I will follow-up with you directly to further discuss.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 9.0/10

Lisa B.
Industry: Nonprofit Organization Management
Company size: 11-50 Employees

Now I Know

Used Daily for 6-12 months
Reviewed on 2020/12/29
Review Source: Capterra

Wish we would have purchased this system earlier. This is our first budget cycle when we have full visibility into all of our costs plus we are now able to manage inventory and fulfilment in one system. We love it if you couldn't tell!! :)

Pros

This software has solved the age old issue of knowing what everyone is spending throughout the organization. We connect all the procurement pieces in one system from purchase requisition through final invoice payment and it's cut our time to process payment by over 50%!

Cons

None really. It connects to QuickBooks and the training to get everyone using the system was minimal.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

Brittney T.
Industry: Wireless
Company size: 2-10 Employees

basic needs

Used Weekly for 2+ years
Reviewed on 2017/08/03
Review Source: Capterra

organization and communication was key when communicating with my co-workers on multiple projects. This helped us keep all of our orders in one location so that if one of us was not present that the others would know what had been ordered.

Pros

It allowed us to keep vendors saved for future use. We were able to reference different orders to the PO numbers. It allowed us to continue to reference old PO's to see what transaction happened that had taken place before our hire.

Cons

The search engine was very specific. If we were looking for drawstring bags and it was entered in as draw string bags the search field wouldn't find it. I wish that a bit more information about the order would appear in the list screen. We would place multiple orders in a day from the same vendor. If we were searching for a particular item but the search feature didn't pull it up we would have to search through the many PO's from that particular vendor click in and closing out each one until we find the right one. Where if there was a column that showed the notes or possibly 1 line item in the PO that would help find things quicker.

Response from Officewise

Thank you for your feedback Brittney. Agree that we need to improve search functionality and it is on our "to do" list.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 7.0/10

Melissa C.
Industry: Oil & Energy
Company size: 51-200 Employees

Great Program and Easy to Use!

Used Daily for 2+ years
Reviewed on 2020/09/09
Review Source: Capterra

This program is great because I can communicate with other employees through the program and I really enjoy the ease of use.

Pros

I love how user-friendly the program is, support is great, and there's many functionalities within the program for multi-use.

Cons

I have yet to find something I don't like!

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

Samuel F.
Industry: Business Supplies & Equipment
Company size: 51-200 Employees

Must have to track inventory

Used Daily for 6-12 months
Reviewed on 2019/02/04
Review Source: Capterra

Pros

Great too to control inventory and sales. You are able to track your inventory from your phone and you can use key words to search PO's. This tool is a great way to be more organized and get rid of paper purchase orders and have everything electronically.

Cons

It would be very helpfully to be able to print multiple purchase orders at once.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

User recommendation
8,8/10
Based on 202 user ratings
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Spendwise Pricing

Spendwise Pricing

Starting from
N/A
Free Trial
Subscription
Value for money

Pricing varies depending on number of users and features included.

Pricing varies depending on number of users and features included.

Value for Money
4,4/5
Based on 202 user ratings
Compare value for money rating with alternatives
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Spendwise Features

Spendwise Features

API
Activity Dashboard
Activity Tracking
Audit Trail
Auditing
Automatic Notifications
Billing & Invoicing
Compliance Management
Customizable Reporting
Data Import/Export
Document Management
Document Storage
Inventory Management
Inventory Tracking
Monitoring
Real Time Data
Real Time Reporting
Reporting & Statistics
Third Party Integration
Workflow Management
Features
4,3/5
Based on 202 user ratings
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Categories

Additional information for Spendwise

Additional information for Spendwise

Key features of Spendwise

  • Accounts receivable
  • Ad hoc search capabilities
  • Administrative cost monitoring
  • Auto & manual approvals
  • Bill & expense recording
  • Budgeting & planning
  • Create professional quotes
  • Custom dashboard
  • Customizable reporting
  • Data encryption
  • Define user roles
  • Electronic invoice approvals
  • Finance management
  • Financial analytics
  • Forecast budgets
  • Import / export reports
  • Inventory management
  • Inventory tracking
  • Online data storage
  • Order shipment tracking
  • Purchase order management
  • Purchasing
  • Receipt tracking
  • SSL security
  • Sales orders
  • Spend management
  • Trust accounting

Benefits

• Spendwise helps businesses streamline their spend management processes by replacing manual paper-based workflows with electronic workflows.

• With Spendwise, users can submit their purchase requests online and see status of request in real time.

• A custom dashboard provides insights on key performance indicators in real-time, allowing businesses to make better decisions.

• Spendwise is a cloud-based application and stores business data in a secure tier-1 SAS 70 Type II data center with features like SSL grade date encryption and multiple data backups.

Spendwise FAQs

Spendwise FAQs

Below are some frequently asked questions for Spendwise.

Q. What type of pricing plans does Spendwise offer?

Spendwise offers the following pricing plans:

Pricing model: Subscription

Free Trial: Available

Pricing varies depending on number of users and features included.

Q. What are the main features of Spendwise?

Spendwise offers the following features:

  • Accounts receivable
  • Ad hoc search capabilities
  • Administrative cost monitoring
  • Auto & manual approvals
  • Bill & expense recording
  • Budgeting & planning
  • Create professional quotes
  • Custom dashboard
  • Customizable reporting
  • Data encryption
  • Define user roles
  • Electronic invoice approvals
  • Finance management
  • Financial analytics
  • Forecast budgets
  • Import / export reports
  • Inventory management
  • Inventory tracking
  • Online data storage
  • Order shipment tracking
  • Purchase order management
  • Purchasing
  • Receipt tracking
  • SSL security
  • Sales orders
  • Spend management
  • Trust accounting

Q. Who are the typical users of Spendwise?

Spendwise has the following typical customers:

Small Business, Large Enterprises, Public Administrations, Non Profit, Mid Size Business

Q. What languages does Spendwise support?

Spendwise supports the following languages:

English

Q. Does Spendwise support mobile devices?

We do not have any information about what devices Spendwise supports

Q. What other apps does Spendwise integrate with?

We do not have any information about what integrations Spendwise has

Q. What level of support does Spendwise offer?

Spendwise offers the following support options:

FAQs, Knowledge Base, Online Support, Phone Support