ESM Solutions vs Procurify

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Our analysts compared ESM Solutions vs Procurify based on data from our 400+ point analysis of Procurement Software, user reviews and our own crowdsourced data from our free software selection platform.

ESM Solutions Software Tool

Product Basics

ESM Solutions offers cloud-based procurement management software designed to streamline purchasing processes for various organizations, including educational institutions, government bodies, and mid-sized businesses. The software is particularly beneficial for organizations dealing with a high volume of orders or complex procurement procedures. By automating tasks and providing greater visibility into spending, ESM Solutions helps organizations increase efficiency, reduce costs, and improve overall procurement management.

Key features include a user-friendly interface, customizable bid and RFP templates, vendor management tools, and integration with other business systems. Users appreciate the software's ease of use and comprehensive reporting capabilities. ESM Solutions is competitively priced within the mid-range of procurement software options, with pricing based on the number of users and selected features.

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Procurify is a spend management solution that helps improve spend culture by tracking expenses and purchases. It streamlines workflows and approval processes, as well as enables faster communication. Features include budget tracking, expense management, vendor management, audit logs, analysis, reporting and more. Easy integration with accounting offerings makes it easier to accumulate data in one place, while mobile access offers user convenience.
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$1,000 Monthly, Freemium
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Tailored to your specific needs
$1,000 Monthly
Get a free price quote
Tailored to your specific needs
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Product Assistance

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Product Insights

  • Leverage Built-in Integrations: Access pre-built configurable integrations that consistently streamline data exchange and offer improved visibility. 
  • Improve Compliance: Control various aspects of contracts and supplier life cycle and reduce risk by eliminating paperwork to improve performance and compliance. 
  • Automate Tasks: Minimize use of paper by uploading documents and resources to the cloud and automate approval workflows to fastrack procurement processes. 
  • Maintain Visibility: Gain total visibility across various levels from finances to contractual agreements to track and manage spend effectively. 
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  • Mobile App: Request, approve and receive goods; record items; capture and save packing slips and receipts; and receive alerts when an item needs attention. 
  • Control Expenses: Track purchases and budget, viewing a purchase pipeline to check what needs to be bought next month and plan accordingly. 
  • Integration: Use API access to integrate with accounting systems like NetSuite and QuickBooks, purchasing systems like Amazon PunchOut, and other software like Slack. 
  • Faster Communication: Communicate in-app instead of depending on emails or messages in another tool, which makes the decision-making process easier. 
  • Stay Compliant: Track and manage budget, purchase orders, shipping documents and invoices on one platform and ensure they are ready during the auditing process. 
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  • Platform: Gain complete visibility to manage spend within a scalable space and effectively collaborate across the organization. Implement smart BI capabilities and enable notifications to track procurement life cycles in real time. 
  • Contract Management: Store and manage contracts in a centralized database with total control and visibility. Implement a proactive approach by triggering alerts when contracts are about to lapse. Eliminate use of paper, manual labor and automate processes to boost productivity. 
  • Procurement: Sync purchase data with financial applications. Access automated approvals and intuitive shopping tools to connect buyers and influence their buying decisions. 
  • Sourcing: Promote diversity in collaborating with suppliers and boost supplier management within one space. Use flexible templates and tools to launch and manage sourcing events. 
  • Supplier Management: Access a supplier portal to conduct self-service supplier onboarding and improve collaboration between stakeholder/supplier. 
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  • Approval Process: Customize and decide approval flows, control who gives approvals, and set approvals based on location, departments, users and dollar thresholds. Get notified and check real-time impact of budgets before approval. 
  • Purchasing Workflows: Streamline item purchase, approval, receiving and requests and match invoices to POs for payment. Pay with 3-way matching, generate POs and search for records. 
  • Budget Tracking: Track budgets in real time, keep a check on expenses and set up budget by projects, departments and more. Check the impact of new items on the budget before purchase and access graphs on actual and committed spending. 
  • Expense Management: Monitor personal spending or spending on credit cards, loop paper receipts and upload statements on the mobile app. 
  • Vendor Management: Manage vendors and track their performance against set parameters, create purchase orders, check for received items before making payments and create catalogs to order items from the right place. 
  • Spend Analysis and Reporting: Log spending and purchases, leveraging reporting graphics to get insights on trends. Access spend analysis divided into set categories like departments, users and more. 
  • Audit Logs: Capture, record and manage the history of all purchasing documents, including what edits were made and who made the request, approved purchase and received the items. 
  • User Permission: Set and customize job roles based on requirements and at a glance view permissions that are enabled for specific job roles. Limit access to administrative pages to specific job roles. 
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Product Ranking

#23

among all
Procurement Software

#8

among all
Procurement Software

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Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

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Budget Management Contract Management Dashboard And Reporting Invoice Management Mobile Capabilities Native Integration And Extensibility Platform Capabilities Product Catalog Purchase Orders Management Receiving And Inventory Management Requisitions Sourcing Spend Management Supplier Management 98 0 83 67 97 83 82 90 90 36 90 50 68 77 0 25 50 75 100
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User Sentiment Summary

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Excellent User Sentiment 302 reviews
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90%
of users recommend this product

Procurify has a 'excellent' User Satisfaction Rating of 90% when considering 302 user reviews from 4 recognized software review sites.

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4.7 (17)
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4.5 (139)
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Awards

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Procurify stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

Synopsis of User Ratings and Reviews

Reduced Procurement Cycle Times: Streamlining the sourcing and supplier management processes can significantly expedite procurement cycles, enabling organizations to fulfill their requirements more efficiently.
Enhanced Spend Visibility: Provides comprehensive insights into spending patterns, empowering organizations to identify cost-saving opportunities and optimize procurement strategies.
Improved Supplier Relationships: Facilitates effective collaboration and communication with suppliers, fostering stronger relationships and potentially leading to better pricing, quality, and delivery terms.
Increased Compliance: Automating procurement processes helps ensure adherence to regulatory requirements and internal policies, mitigating risks associated with non-compliance.
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Ease of Use: According to all users mentioning this aspect, the system is very easy to use and has a low learning curve.
Purchasing: It’s easy and quick to order supplies, making the purchasing process smooth in the experience of all the reviewers referring to this feature.
Ordering: This feature helps keep things in order and provides ready-made templates to order multiple items, according to all reviews referring to it.
Autofill: All users mentioning this aspect say the system helps auto-fill fields and recurring orders.
Budget Management: It's easier and quicker to analyze and approve budgets, according to 60% reviews mentioning this feature.
Navigation: Navigation between systems and features is seamless, according to all reviews referencing this aspect.
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Usability Challenges: Users report the platform can be cumbersome and counterintuitive to navigate, especially for those accustomed to more modern interfaces. The learning curve can be steep, leading to frustration and decreased efficiency.
Customization Limitations: Tailoring the platform to specific organizational workflows and requirements can be difficult due to limited customization options. This lack of flexibility can hinder adoption and integration with existing procurement processes.
Reporting Functionality: Generating reports and extracting meaningful insights from data can be challenging. Users often find the reporting tools to be inflexible and lacking the depth needed for comprehensive analysis.
Integration Complexities: Integrating ESM Solutions with other enterprise systems, such as ERP or CRM platforms, can be a complex and time-consuming process, requiring significant IT resources and expertise.
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Interface: More than 70% of users mentioning the interface report that the system has bugs and is slow.
Integration: More solutions need to be added as integration options, as more than 65% reviews that mention this feature note.
Receiving Items: All the reviewers mentioning this aspect observe that every time a new item is received, the main list refreshes and the item is lost.
Inventory Management: Every user mentioning this aspect say this feature would be better if it helped track inventory.
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User reviews from the past year highlight both the strengths and weaknesses of ESM Solutions' procurement software. Users appreciate its comprehensive suite of features, particularly its ability to streamline the entire procurement process from requisition to payment. The software's automation capabilities, such as automated purchase order generation and invoice processing, are seen as major time-savers. Additionally, ESM Solutions' robust reporting and analytics tools provide valuable insights into spending patterns and supplier performance, enabling data-driven decision-making. However, some users find the software's interface to be complex and not very user-friendly, especially for those new to procurement software. The initial setup and configuration process can also be time-consuming, requiring significant support from ESM Solutions' implementation team. What sets ESM Solutions apart is its focus on compliance and risk management. The software includes features such as built-in approval workflows, audit trails, and contract management tools, which help organizations mitigate risks and ensure adherence to procurement policies. This focus on compliance makes ESM Solutions a suitable choice for organizations operating in highly regulated industries or those with strict internal controls. Additionally, ESM Solutions' scalability makes it a viable option for businesses of all sizes, from small startups to large enterprises. In conclusion, ESM Solutions is best suited for organizations that prioritize compliance, risk management, and process efficiency. Its comprehensive features and scalability make it a valuable tool for procurement teams looking to streamline operations and gain better control over spending. However, organizations should be prepared to invest time in training and implementation to fully leverage the software's capabilities. It's important to note that the software landscape is constantly evolving, so it's always a good idea to check for the latest reviews and comparisons before making a decision.

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Procurify is an easy-to-use system that improves budget management, provides useful templates for orders and simplifies item purchasing. It also offers user-friendly navigation, autofill features and more. However, reviews cite a slow system, difficulty in integration and the lack of inventory management as some drawbacks. It also loses newly received items due to list refreshes. Overall, it’s a good fit for companies that require frequent purchasing and expense management.

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