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Last updated Oct 18, 2024

Compare the 6 Best Procurify Alternatives & Competitors

Written by Drew Tullio
13 minute read

Want to see the future of procure-to-pay?

Compare the 6 Best Procurify Alternatives & Competitors

Procurify, based in Vancouver, Canada, is a spend management platform that focuses on procurement and also offers AP automation and expense management capabilities.

While it has some useful features, it lacks the depth of features that fast-growing and global businesses need, leading to a search for suitable Procurify alternatives.

Thankfully, we’ve compiled a list of the top six Procurify competitors along with their features, pricing, and customer ratings.

Comparison criteria.

Here are the criteria we have used to evaluate Procurify alternatives:

  • The software’s capabilities.
  • UI/UX.
  • Pricing.
  • Customer ratings.

Overview: Procurify alternatives and competitors.

Competitor Top Feature Primary Market G2 Rating Pricing
Airbase P2P Mid-market and enterprises 4.8 $$
Coupa P2P Small to mid-market 4.2 $$$$
Precoro AP automation SMBs and enterprises 4.6 $$$
Ramp Corporate cards SMBs and mid-market 4.8 $$
SAP Ariba P2P Mid-sized to large enterprises 4.1 $$$
Tipalti AP automation Small to mid-market 4.5 $$$

1. Airbase.

Airbase is an end-to-end procure pay close software

Airbase is an end-to-end procure pay close software

Airbase procure-to-pay software deserves to be at the top of this list of Procurify alternatives based on its ability to offer an integrated platform to manage procurement, AP automation, T&E, and corporate cards.

While Procurify is more focused on the procurement side with less mature AP, expense, and card capabilities, Airbase excels in offering advanced AP automation, industry-leading cashback rewards, enterprise-grade security, and multi-subsidiary support.

Best features.

  • Holistic P2P platform: Tailored procure, pay, close solution across the modules of Guided Procurement, AP Automation, Expense Management, and Corporate Cards that gives excellent spend analytics.
  • Dynamic intake forms and approval routing: Dynamically adapts forms and approval flows based on user responses, capturing the information required for all stakeholders involved.
  • Mature AP automation: Automates invoice capture, bill creation, 3-way PO matching, amortization, and integration with GL systems.
  • Advanced expense management: AI-powered OCR technology and machine learning (ML) automate expense reports by extracting and validating data accurately.
  • Global payment capabilities: Multi-currency payment support, the ability to link multiple banks to a subsidiary, fast employee reimbursements, and automated vendor payment.
  • Deep integrations: Deep connectivity with 70+ ERP systems, HRIS, communication tools, and contract management tools.
  • Sophisticated fraud detection: Fraud investigation team and advanced tools to detect and prevent transaction fraud.

Airbase G2 rating: 4.8/5

Airbase pricing.

The Standard package is designed for small businesses with up to 200 employees and includes the modules of Guided Procurement, AP Automation, Corporate Cards, and Expense Management.

The Premium package is ideal for businesses with up to 500 employees and offers advanced workflows and integrations. The Enterprise plan is tailored for enterprises with up to 10,000 employees and offers the full platform experience with a complete depth of features, including advanced AP automation.There are optional add-ons available for travel, purchase orders, and approval workflows. Individual modules can be purchased instead of the whole platform.

Customers and best suited for:

  • Company size: Mid-market to large enterprises (with 50 to 10,000 employees).
  • Solution needs: Businesses looking for an advanced and holistic procure, pay, close solution with procurement, AP automation, T&E and corporate cards capabilities.

Take a tour of Airbase.

Explore Airbase with a self-guided tour.

2. Coupa.

Purchase policies are embedded into the buying process

Purchase policies are embedded into the buying process

 

Coupa is next in our list of alternatives to Procurify based on its extensive line-up of features across procurement, AP automation, and corporate cards.

There are many areas where Coupa goes beyond Procurify, including supply chain collaboration, T&E, and workforce and inventory management. Coupa is also known for its robust security measures, AI-powered sourcing intelligence, and supplier management tools.

Best features.

  • AI-powered platform: Coupa’s AI surfaces cost savings across supply chains, monitors supplier risk, and offers recommendations across invoices, expenses, inventory, suppliers, and contracts.
  • E-procurement system: Surfaces preferred items based on contracted benefits, including volume discounts and preferred pricing.
  • Spend monitoring: Spend Guard monitors spend across purchases, cards, and reimbursements, providing 25+ alerts across six spend categories.
  • ERP integration: Pre-built connectors are available to integrate with payment providers, bank accounts, and global ERPs.
  • Sourcing templates: Templates to set up sourcing events and a central platform to collect bids and collaborate with suppliers.

Coupa G2 rating: 4.2/5

Coupa pricing.

While Coupa has not listed the pricing information on its website, the monthly subscription starts from $2,500 per month according to review sites such as GetApp. There are additional costs involved in implementation, customization, and maintenance.

Customers and best suited for:

  • Company size: Small, medium, and large businesses.
  • Solution needs: Large businesses with complex sourcing, procurement, and inventory management processes.

3. Precoro.

Dashboard with a 360-degree view of purchase orders

Dashboard with a 360-degree view of purchase orders

 

Given its advanced procurement and AP automation capabilities, Precoro is one of the viable Procurify competitors. While the platforms share features, such as budget tracking, PunchOuts, and vendor management, they differ in some areas. While Procurify’s charges are customized based on features selected and the transaction volume, Precoro offers packages with fixed prices.

Unlike Procurify, Precoro doesn’t offer corporate cards and expense management. Notably, NetSuite integration is an optional add-on with Precoro.

Best features.

  • Purchase requisition: Standard and dynamic intake forms and the ability to manually add items, pick from item catalog, PunchOut with Home Depot or Staples, or use Amazon Punch-in.
  • Approval workflows: Admins can create 20 approval steps, including sequential and parallel approvals while customizing approval thresholds and roles.
  • Dashboard: Users can view real-time updates to the available budget, status of POs, and approvals.
  • Simplified PO and invoice creation: Supports creation of blanket POs, invoices, and recurring orders from purchase requests and POs.
  • Supplier management tools: A supplier portal to onboard vendors, manage contracts, and capture W-9s, SOC2 reports, tax certificates, etc.
  • Interactive reports: Custom report creator allows users to generate reports using 150+ data points and 20+ filters.

Precor G2 rating:  4.6/5

Precor pricing.

The basic plan, Core, starts at $249 per month billed annually, giving users access to procurement, 3-way PO matching, and real-time budget tracking.

To access features such as AP automation, dynamic intake forms, and supplier portal, you’ll need to upgrade to the Automation plan, priced at $999 per month. The top-tier plan, Suite, has tailored pricing and offers custom implementation, advanced controls, and multi-entity support. There are also multiple add-ons available with each plan.

Customers and best suited for:

  • Company size: SMBs and enterprises.
  • Solution needs: Fast-growing businesses in need of an advanced procurement platform.

4. Ramp.

Vendor management portal with the ability to specify vendor status

Vendor management portal with the ability to specify vendor status

 

Ramp is one of the affordable Procurify alternatives that offers similar features across procurement, AP automation, and corporate cards. It also offers multi-entity support and integrated T&E management solutions that Procurify lacks. Ramp started as a software-enabled corporate card program and has built AP capabilities and intake processes in the past few years.

However, unlike Procurify, Ramp doesn’t offer order fulfillment tracking and the ability to verify the received goods.

Best features.

  • Free corporate card program: Using Ramp cards.
  • Procurement: Custom intake forms, purchase assistance, approval routing, and the ability to issue POs or virtual cards for approved purchase requests.
  • Integrated T&E: Smart receipt capturing, auto-enforced spend limits, access to Priceline’s inventory of hotels and flights, pre-trip approvals, and reimbursement in 40 currencies.
  • Price Intelligence: Leverages millions of transactions to benchmark software prices and cost-per-user data.
  • Free tools: Ramp offers free tools, such as Expense Policy Template, savings calculator, invoice generator, and Expense categorization.
  • AP automation: AI-powered accounting rule suggestions, error detection, expense categorization, and ERP syncing.

Ramp G2 rating: 4.8/5

Ramp pricing.

Ramp has a free plan with features such as expense management, corporate cards, and accounting software synchronization. The paid plans, Ramp Plus ($15 per month per user) and Ramp Enterprise offer advanced integrations, custom workflows, PO management, and multi-entity support.

Customers and best suited for:

  • Company size: SMBs and mid-market.
  • Solution needs: Businesses in need of AP automation, corporate card program, and integrated T&E features.

5. SAP Ariba.

Admins can see how requests impact budgets

E-procurement catalog with search functionality

 

SAP Ariba, a P2P platform, is part of the spend management product portfolio within the SAP ecosystem. Ariba’s offerings include sourcing, procurement, supplier management, and invoicing automation.

But, if you’re looking for expense management features, you’ll need to integrate Ariba with SAP Concur.

Best features.

  • AI-powered sourcing: Option to pick from RFI, RFP, mixed and tiered events, reverse and forward auctions, supplier risk management, and AI-powered supplier matching.
  • Procurement: e-procurement catalog with customizable cross-catalog search functionality, shopping cart experience, and Spot Buy feature to buy non-sourced B2B goods from pre-vetted suppliers.
  • Invoice automation: Automated exception routing, 80+ smart invoicing rules to prevent errors, and support for compliance with e-invoicing and tax requirements in over 190 countries.
  • Dashboard: With custom insights and a centralized platform to access POs, invoices, contracts, purchase requests, and sourcing details.

SAP Ariba G2 rating: 4.1/5

SAP Ariba  pricing.

Pricing information is not available on the website.

Customers and best suited for:

  • Company size: Mid-market and large enterprises.
  • Solution needs: Companies with global sourcing requirements in need of e-procurement, sourcing, and invoicing tools.

 6. Tipalti.

Tipalti auto-matches POs at header and line levels

Tipalti auto-matches POs at header and line levels

 

Tipalti is one of the well-known Procurify alternatives with comparable procurement and AP automation features.

Some of the aspects where Tipalti scores over Procurify include multi-entity support, tax compliance, and a branded vendor onboarding portal.

However, Tipalti does have some drawbacks. Users have reported issues with the outdated UI, inaccurate OCR-based receipt scanning, weaker integrations, and reconciliation problems.

Best features.

  • Procurement tools: Simple intake forms, ticketing system integration, supplier portal, contract repository, and automated approval flows based on budget items, hierarchy, and other criteria.
  • Expense management: Custom expense policies and spend controls, automatic expense reports, and integration with Tipalti corporate card, Mastercard, Visa, and AMEX to automatically reconcile transactions.
  • Invoice automation: ML-based invoice capturing at header and line level, the ability to make batch payments, and PO matching.
  • Global payments: Cross-border payments can be made to 196 countries in 120 currencies via ACH, international ACH, wire transfer, PayPal, and other methods.

Tipalti G2 Rating: 4.5/5

Tipalti pricing.

Tipalti’s Starter plan is priced at $129 per month and offers supplier portal, tax compliance, integrations, and approval rules builder. The Premium and Elite plans are custom priced and include advanced features such as PO matching, multi-entity support, advanced approval rules, and integrations with ticketing systems.

Customers and best suited for:

  • Company size: Mid-market companies and enterprises.
  • Solution needs: Companies in need of simple procurement, expense management, and AP automation solutions.

Airbase vs Procurify.

Moving on to our head-to-head Airbase vs Procurify comparison, we’ll closely examine the strengths and features of each platform.

What does Airbase do?

Airbase is a unified platform that caters to all spend management needs in addition to offering advanced AP automation, intake-to-pay, and corporate card features. If you are looking for a single platform to handle both your AP and AR needs, Airbase would not be the right choice. Procurify on the other hand does offer both. However, its ease of use and depth of features cannot compare to Airbase’s modern P2P software if you’re seeking a procurement or spend management solution.

Airbase goes beyond Procurify with its customizable virtual cards, physical cards, and real-time reporting capabilities. In addition, Airbase stands out from its competitors by enabling international payment across 200 countries in 145+ currencies. A dedicated fraud investigation team that works 24/7 to flag potentially fraudulent transactions, and flexible integrations with over 70 ERPs are some of Airbase’s other plus points.

Airbase solutions.

Guided Procurement.

Forms and workflows dynamically adapt to responses

Forms and workflows dynamically adapt to responses

Airbase’s Guided Procurement module is one of the most advanced options available when compared to other Procurify alternatives.

The intake process begins with employees creating a purchase request, which is made seamless with step-by-step assistance. The system guides employees on completing all the steps required for approvals from different stakeholders across IT, legal, finance, and procurement.

Admins can use a drag-and-drop builder to design custom workflows and forms that adapt dynamically based on the user’s responses. The platform automatically creates a PO or virtual card for approved requests, routes requests to the right approvers, and integrates with contract lifecycle management (CLM) and GRC (Governance, Risk, and Compliance) systems to fast-track the process.

Accounts Payable Automation.

Airbase supports bill amortization and syncs the data to the GL

Airbase supports bill amortization and syncs the data to the GL

Airbase offers truly touchless accounts payable automation by leveraging AI, ML, and OCR. While auto-populating the details of invoices submitted via email, mobile app, or the portal, Airbase allows users to split bills across categories, set up recurring payments, and amortize bills.

Sequential and parallel approval workflows can be customized based on parameters such as the amount, vendor, and GL category. Airbase supports 3-way matching of invoices, automatically codes, tags, categorizes, and syncs data into the GL. Approved bills can be paid individually or in bulk by grouping them. Bills can be paid via ACH, check, vendor credit, international wire transfer, or virtual card with cash back.

Expense Management.

Admins get a detailed view of pending expense reports

Admins get a detailed view of pending expense reports

The advanced Expense Management module integrates with TravelPerk and corporate cards to allow companies to manage spend across travel and cards.

Employees can submit receipts on the go while the system uses generative AI to capture receipt data. Admins can create granular expense policies and spend limits, including mandatory fields, time window for submission, category-specific budget limits, and mileage reimbursement rates.

Corporate Cards.

Airbase auto-populates GL tags and spend categories

Airbase auto-populates GL tags and spend categories

When we look at Airbase vs its competition, Airbase’s Corporate Card module stands out with its versatility and benefits. Apart from partner card integrations with AMEX and SVB, Airbase allows users to create unlimited physical and virtual cards with granular controls. The system auto-populates vendor details, GL tags, and categories to fast-track the process of creating virtual cards. Physical cards can be sent to employees in over 180 countries.

The best part about Airbase’s corporate card program is the direct cash back of up to 2% that users earn for every transaction with no conditions or pre-requisites involved.

What does Procurify do?

As a cloud-based software, Procurify focuses on making it easy for businesses to manage their procurement tasks with features such as vendor management portal, purchase requisition, and purchase order creation.

Apart from basic AP automation, Procurify also offers order fulfillment, contract management, and budgeting tools.

Procurement.

Invoices are automatically coded based on previous inputs

The spend tracker gives a quick view of budget and pending requests

The dashboard provides an overview of budgets, purchase requests, and orders, allowing users to see if they will exceed the budget by approving new requests. It includes a messaging tool for consolidating procurement discussions and allows for one-time, recurring, or blanket purchases. Additionally, requesters can use a catalog of pre-approved items, Amazon PunchOut, and other supplier portals to fast-track their purchase requests.

With a mobile app, users can receive notifications about the receipt of goods, verify received items, and capture receipts and documents.

AP automation.

Approvers can manage bill payment approvals via a mobile app

Approvers can manage bill payment approvals via a mobile app

Procurify’s AP automation feature is along the expected lines, using OCR technology to capture invoices, automatic bill creation from emailed invoices, and routing to approvers based on pre-configured conditions.

Approvers can manage bill payment requests from a mobile app while scheduling payments to vendors.

Expense management.

Pending requests can be tracked against budgets in real time

Pending requests can be tracked against budgets in real time

Employees can use the mobile app to snap a photo of their receipt and attach it to an expense report for reimbursement. Admins can track approved and pending expenses against the budget and maintain a record of expenses for auditing purposes.

Payments and cards.

Users can make batch payments via vendors’ preferred payment methods

Users can make batch payments via vendors’ preferred payment methods

Procurify allows companies to make payments to vendors in the U.S. via wire transfer, ACH, and check. Admins can issue physical cards and unique virtual cards for particular vendors while enabling one-off and recurring purchases.

In summary.

Now that you’ve gone through the list of Procurify competitors and read the head-to-head Procurify vs Airbase comparison, you may be in a better position to make a smart investment decision.

While Procurify has procurement features, its AP automation and expense management features are not mature enough to meet the needs of fast-growing, modern businesses. Procurify also lacks multiple features, such as multi-subsidiary support, advanced spend analytics, and deep integration with NetSuite, all of which are Airbase’s strong suites.

As an end-to-end spend management platform, Airbase caters to the complex needs of mid-market and enterprise-level companies with a slew of advanced features. Whether it’s advanced spend analytics, multi-layered approval workflows, touchless expense reporting, global payments, or multi-subsidiary support, Airbase has it all.

By replacing legacy systems, improving AP efficiencies, and providing cashback benefits, Airbase delivers a stellar impact that translates into thousands of dollars of cost savings.

But, there’s more. Airbase wins in the customer service and user-friendliness departments too. Here’s what a user has to say about Airbase on G2:

“We love how easy and intuitive it is to use and navigate. Customer support is fast, friendly, caring, and very helpful. They are dedicated to ensuring any issue is seen through to a satisfactory resolution. All that in a feature-rich package that includes an easy to use and intuitive approval system.” — IT manager, small business.

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