Expenzing Procure-to-Pay logo

Expenzing Procure-to-Pay

by Expenzing · Since 2013
No reviews yet
ActiveAvailable globally
Quick facts
VendorExpenzing
Year launched2013
StatusActive
LocationMumbai, India
Countries servedGlobal
Languages1
IntegrationsN/A
Free tierNO
Free trialNO
Contact salesYES

About Expenzing Procure-to-Pay

Expenzing Procure-to-Pay is a software solution for automating purchasing, approvals, invoicing, and payments.

Expenzing Procure-to-Pay is an integrated software platform designed to automate and streamline the entire procurement lifecycle for businesses. It covers everything from purchasing and approvals to invoicing and payments, aiming to enhance spend visibility, control, and compliance. Key capabilities include robust vendor management with a 'Know Your Vendor' (KYV) feature for due diligence, automated approval workflows based on delegation of authority, and real-time budget controls. The system also provides detailed reporting and audit trails for compliance purposes. The platform is delivered as a cloud-based SaaS solution. Pricing is not publicly available and requires contacting the vendor for a demo. Support options are not detailed on the website, but a contact form for demos is provided.

Pros & Cons

Pros
  • Provides end-to-end automation of the procure-to-pay cycle.
  • Includes comprehensive vendor due diligence and compliance checks (KYV).
  • Offers real-time budget monitoring and enforcement throughout the workflow.
  • Maintains detailed audit trails for regulatory compliance.
  • Automates approval workflows based on a configurable Delegation of Authority matrix.
Cons
  • Pricing information is not publicly available and requires a demo request.
  • No free trial or free tier is mentioned on the website.
  • Specific details on integrations with other software are not provided on the product page.
  • No native mobile apps for iOS or Android are mentioned.

Features

Key features

Procurement Automation

Automates purchasing, approvals, invoicing, and payments for better compliance and efficiency.

Vendor Management

Includes a Know Your Vendor (KYV) module with checks for GSTIN, PAN, and bank validation to ensure compliance and mitigate risks.

Budget Control

Enforces budget checks at every stage of the procurement workflow to prevent overspending.

Delegation of Authority (DoA)

Automates approval workflows by mapping roles to authority levels for faster decision-making.

Reporting and Compliance

Provides real-time reports and detailed audit trails to support regulatory compliance and strategic insights.

Additional features

Contract Management

Manages the entire contract lifecycle from creation to renewal.

Fixed Asset Management

Tracks and manages fixed assets throughout their lifecycle.

Vendor Advance Management

Streamlines and tracks vendor advance payments with integrated workflows.

Tax Compliance

Features automated validations for TDS, RCM, and GST to reduce non-compliance risks.

Invoice Management

Automates invoice processing to boost accuracy and ensure compliance.

Vendor Empanelment

Manages the process of onboarding and approving new vendors.

Vendor Portal

Provides a portal for vendors to interact with the system, submit invoices, and check payment status.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
1
Interface languages
Billing currencies

Interface languages

English

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