Spendwise

Spendwise

Spend management software for business

4.5/5 (198 reviews)

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
US$9.00/month

Pricing options

Free Trial
Free
Subscription
Value for money

Free Plan: $0 user
Basic Plan: $9 user per month
Pro Plan: $19 user per month (sold in packs of 5)


Spendwise Features

Devices
Business size
S M L
Markets
Asia, Australia, Brazil, Canada, China and 5 others, Europe, Germany, India, Japan, Latin America
Supported Languages
English

Screenshots

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

Spendwise Reviews

Spendwise Reviews

Overall rating
4.5
/
5 198 reviews
Excellent
120

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
91% 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.


Daniel H.

Budget Friendly

Great for any business with a budget of any amount


Verified Reviewer

Spendwise


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.


Harold W.

Implemented this software in our company more than a year ago. Works well. Seldom any...


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 2/07/2019
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

Daniel H.
Industry: Civic & Social Organisation
Company size: 51-200 Employees

Budget Friendly

Used Daily for 2+ years
Reviewed on 5/12/2019
Review Source: Capterra

Great for any business with a budget of any amount

Pros

It helps get the business a great way to look at the budget in a new way and a lot easier than you think.

Cons

None and it helps with the stress and frustration of budgeting for any small business in town too as well.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

Verified Reviewer
Industry: Public Safety
Company size: 51-200 Employees

Spendwise

Used Daily for 2+ years
Reviewed on 17/08/2019
Review Source: Capterra

Pros

This product is very easy to set up, use, and manage purchasing software. Relatively inexpensive. Web-based and easily accessible on many platforms.

Cons

The search features are not always reliable and if searching, wildcards don't work.

Rating breakdown

Ease of Use

Likelihood to recommend: 10.0/10

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

basic needs

Used Weekly for 2+ years
Reviewed on 3/08/2017
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

Harold W.

Implemented this software in our company more than a year ago. Works well. Seldom any issues.

Used Daily for 1+ year
Reviewed on 15/12/2017
Review Source: Capterra

Pros

Ease of use and reliability. Good / fair cost for the system. The system is well maintained and supported. No issues for the role this system in our operation. The system is well maintained and supported.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

User recommendation
8.8/10
Based on 198 user ratings
Compare user recommendation rating with alternatives
Compare with alternatives

Spendwise Pricing

Spendwise Pricing

Starting from
US$9.00/month
Free Trial
Free
Subscription
Value for money

Free Plan: $0 user
Basic Plan: $9 user per month
Pro Plan: $19 user per month (sold in packs of 5)

Free Plan: $0 user
Basic Plan: $9 user per month
Pro Plan: $19 user per month (sold in packs of 5)

Value for Money
4.4/5
Based on 198 user ratings
Compare value for money rating with alternatives
Compare with alternatives

Spendwise Features

Spendwise Features

API
Activity Dashboard
Activity Tracking
Audit Trail
Auditing
Automatic Notifications
Billing & Invoicing
Compliance Management
Customisable Reporting
Data Import/Export
Document Storage
Inventory Management
Inventory Tracking
Invoice Management
Monitoring
Real Time Data
Real Time Reporting
Reporting & Statistics
Third Party Integration
Workflow Management
Features
4.3/5
Based on 198 user ratings
Compare features rating with alternatives
Compare with alternatives

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:

Starting from: US$9.00/month

Pricing model: Free, Subscription

Free Trial: Available

Free Plan: $0 user Basic Plan: $9 user per month Pro Plan: $19 user per month (sold in packs of 5)

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:

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

Q. What languages does Spendwise support?

Spendwise supports the following languages:

English

Q. What type of pricing plans does Spendwise offer?

Spendwise has the following pricing plans:

Free, Subscription

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