Order.co

About Order.co
Order.co is the first and only Spend Efficiency Platform that helps businesses save time, save money, and gain clarity into their spend. Order.co eliminates manual purchasing and payment tasks and gives your team one place to purchase, approve, track and pay for all the physical goods your business needs. With customizable budgets and reporting, operations and finance teams can take back control over the buying process and start spending efficiently.
Founded in 2016 and headquartered in New York City, Order.co oversees over half a billion in annualized spend across hundreds of customers like WeWork, SoulCycle, Hugo Boss, and Canna Provisions. Order.co has raised $50M in funding from industry-leading investors like MIT, Stage 2 Capital, Rally Ventures, 645 Ventures, and more. Order.co has been proudly named as a 50 to Watch by Spend Matters and a Best Place to Work by BuiltIn.
Put plainly: Order.co simplifies buying for businesses. Learn how below!
Purchase Everything in One Place–Order.co makes it easy for businesses to automatically place and manage every order in one centralized location. No more complicated workflows, scattered spreadsheets, or uncertainty about your purchasing.
Effortlessly Manage Payments & Accounting–Leverage your payments as a strategy for growth. Free up cashflow and hours in your day spent on accounts payable with Order.co.
More Control for You, More Autonomy for Them–Control every purchase with custom approvals and budgets, and increase visibility into your spend with detailed reporting.
Key benefits of Order.co
1. Purchase Everything in One Place
Curate a custom catalog: Purchase everything your business needs through Order.co, instead of ordering through each individual vendor. From big-box stores to industry-specific vendors and online marketplaces to vendors that receive POs via email, they’re all in your custom Order.co catalog.
Control purchasing through the catalog: Ensure purchasing compliance through your catalog, complete with pre-approved products to encourage standardization across locations and eliminate rogue spend.
Discover savings: Save money on your purchases by tapping into Order.co’s $4 billion in buying power. And, Order.co can strategically source products to discover savings on the same products you’re purchasing today.
Automate your purchasing: Speed up your purchasing process and never create another purchase order again. Order.co automatically sends all approved purchase requests straight to your vendor. And, easily buy your frequently-purchased products based on premade shopping lists and scheduled orders.
Track your orders: Stay up-to-date on your orders across all vendors by tracking their statuses — from approval to fulfillment to delivery — in one location.
2. Effortlessly Manage Payments & Accounting
Pay one bill per month: Significantly reduce the time you spend on accounts payable and pay all of your vendors for every purchase placed via your custom catalog on one monthly bill.
Access extended payment terms: Make the best purchasing decisions—free of cash flow constraints—by leveraging extended net terms through Order.co like Weekly Net-45 or Monthly Net-60.
Achieve a 3-way match: Ensure the accuracy of every payment. Confirm that a product was ordered, received, and invoiced, so you can easily complete a 3-way match instead of spending hours on invoice reconciliation.
Automate your invoice coding: Eliminate manual data entry errors and speed up invoice processing times by automatically pre-coding your invoices. Every Order.co invoice contains perfectly-coded, granular spend data.
Share spend data seamlessly: Close books faster and save countless hours getting accurate data into your accounting system. Keep your books up-to-date on all of your Order.co transactions via API integrations or data exports.
3. More Control For You, More Autonomy For Them
Approval workflows fit for your organization:
• Generate approvals by GL code, user, vendor, location, cost center, and order subtotal
• Improve purchasing turnaround time with automatic order placement upon approval
• Edit purchase requests at the line item level to avoid back-and-forth communication and delays
• Centralize your approvals so that requests don’t get lost in your inbox or messages
Track and limit spending with customizable budgets:
• Leverage budgets for users, locations, or cost centers and set them to the cadence that works best for your team
• View changes in your budget as purchases are made, so your team never overspends
• Allocate portions of a budget to specific types of products to control exactly how money is spent
Detailed reporting for better spend decisions:
• Generate granular reports with spend broken down by user, vendor, location, and more
• View your spend and budgets in real-time to identify areas for cost savings
• Create more accurate forecasts with instant access to historical spend data and trend projections
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Reviews
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- Industry: Health, Wellness & Fitness
- Company size: 1,001–5,000 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Per SoulCycle
Reviewed on 2018/10/15
So positive! Rep is my life line with the software, and it eases the pain of procurement for a 90+...
So positive! Rep is my life line with the software, and it eases the pain of procurement for a 90+ location company.
Pros
The customer service that comes along with this software is truly its best asset. However, software wise, it's very easy to add/delete/audit/organize inventory.
Cons
The software can be a little tedious and granular when reproducing bulk orders for more than one location. Provided this feedback to the support team and they've ensured they've taken it back to the developers.
- Industry: Education Management
- Company size: 501–1,000 Employees
- Used Weekly for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Top Notch Customer Service
Reviewed on 2023/03/07
Overall it's been a great transition into using this streamlined software. There have been a few...
Overall it's been a great transition into using this streamlined software. There have been a few bumps in the road, but that's how companies get better! Customer Service is always outstanding - very responsive & knowledgeable!
Pros
That I can compile my own product lists, specific to my locations needs. But I also enjoy that I can see what others in the company have ordered/added to the product list because it can give me ideas.
Cons
That the pricing doesn't update consistently, so I find myself checking prices over multiple items to ensure we are getting the best price. I thought the system was supposed to do something like that already, but as a User only, I've already explored all the things I can and cannot do. Items also don't update from being out of stock. I also have had issues with the substitutions - like why would you sub Plastic Bowls when I definitely ordered Paper Bowls? If I had wanted plastic bowls, I would have ordered PLASTIC!
- Industry: Nonprofit Organization Management
- Company size: 501–1,000 Employees
- Used Weekly for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 4.0 /10
Review as of now.
Reviewed on 2023/02/21
There is more accountability form users for their orders. That's a plus.
There is more accountability form users for their orders. That's a plus.
Pros
My vote is still out. easiest part is ordering thru google chrome.
Cons
linking of vendors has been slowsubstitutions are not the best product and are slow to get and may not be the right replacementorders in general take too long to process.
- Industry: Health, Wellness & Fitness
- Company size: 1,001–5,000 Employees
- Used Weekly for 6-12 months
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Great service!!!
Reviewed on 2023/04/27
Positive!
Positive!
Pros
Easy to use! Super quick and straightforward!
Cons
None at this time - I enjoy all of it's functionalities
- Industry: Restaurants
- Company size: 1,001–5,000 Employees
- Used Monthly for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Great for Retail Stores!
Reviewed on 2023/04/27
Pros
Order.co is very easy for my team and I to use. It's great as a one stop shop for everything I need for my business. The customer service team is phenomenal and helps find alternate products and keeps me up to date on orders and returns. I love that I can see links to products directly on the ordering page so I can get more information before ordering.
Cons
I can't think of anything that I would change or add to Order.co. We love it!
Order.co FAQs
Below are some frequently asked questions for Order.co.Q. What type of pricing plans does Order.co offer?
Order.co offers the following pricing plans:
- Free Trial: Not Available
Contact [email protected] for pricing information.
Q. Who are the typical users of Order.co?
Order.co has the following typical customers:
Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000
Q. What languages does Order.co support?
Order.co supports the following languages:
English
Q. Does Order.co support mobile devices?
Order.co supports the following devices:
Q. What other apps does Order.co integrate with?
Order.co integrates with the following applications:
QuickBooks Online Advanced
Q. What level of support does Order.co offer?
Order.co offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat
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