The purchase requisition software industry is a dynamic sector that aids organizations in automating and streamlining their procurement processes. It comprises companies providing comprehensive solutions for managing purchases and expenses, tracking budgets, and regulating supplier relationships. The products they offer include procurement learning, eInvoicing, contract management, supplier management, and advanced analytics tools. These companies, including Zycus, Precoro, and Fraxion, incorporate technological innovations like AI and cloud-based services into their software. As the global corporate landscape moves towards digital transformation, this industry is primed for considerable growth, with companies moving beyond traditional purchasing processes towards automated, data-driven solutions.


Top 26 Purchase Requisition Software Companies

1. Zycus

  • Website: zycus.com
  • Headquarters: Princeton, New Jersey, United States
  • Founded: 1998
  • Headcount: 1001-5000
  • LinkedIn

Zycus is a company that offers source-to-pay solutions for procurement and supply chain management. Their suite of software includes eProcurement, eInvoicing, contract management, and supplier management tools. They also provide AI-powered automation and analytics to help streamline processes and drive efficiency.


2. Precoro

  • Website: precoro.com
  • Headquarters: Brooklyn, New York, United States
  • Founded: 2014
  • Headcount: 51-200
  • Latest funding type: Non Equity Assistance
  • LinkedIn

Precoro is a procurement software company that helps businesses streamline their purchase requests, budget management, purchase orders, and supplier management processes. With integrations to popular accounting software like NetSuite, QuickBooks Online, and Xero, Precoro offers real-time data at your fingertips, mobile-ready approvals, and customizable reporting. Trusted by hundreds of businesses, Precoro saves time and money by eliminating manual mistakes and automating the procurement workflow.


3. Fraxion

  • Website: fraxion.biz
  • Headquarters: Seattle, Washington, United States
  • Founded: 1997
  • Headcount: 51-200
  • Latest funding type: Undisclosed
  • LinkedIn

Fraxion is a cloud-based procurement software company that offers purchase requisitioning, expense and approval management, and advanced spend analytics. Their solutions automate procurement processes, streamline the procure-to-pay cycle, and provide complete visibility, budget insight, and policy compliance.


4. Procol

  • Website: procol.io
  • Headquarters: Gurugram, Haryana, India
  • Founded: 2018
  • Headcount: 51-200
  • Latest funding type: Series A
  • LinkedIn

Procol.io is a procurement software company that offers digital solutions to streamline procurement processes and optimize cost savings. With their platform, businesses can centralize and manage sourcing activity, conduct e-Auctions, analyze spend data, and improve supplier relationships. They provide end-to-end procurement support, from contract management to tail spend management.


5. Eyvo eProcurement Solutions

Eyvo is a procurement software company that offers a range of modules and services to streamline purchasing activities. With integrations with ERP systems like SAP and Oracle, Eyvo's software allows for efficient purchase order and requisition management, goods receiving, inventory and asset management, contract management, and more. They cater to various industries including biotech, education, energy, financial services, healthcare, hospitality, legal services, logistics, manufacturing, non-profit, public sector, and technology.


6. Acads360 India Pvt LTD

  • Website: prm360.com
  • Headquarters: Hyderabad, Telangana, India
  • Founded: 2015
  • Headcount: 11-50
  • LinkedIn

PRM360 is a global leader in procurement automation solutions. They offer a comprehensive suite of procurement and strategic sourcing tools, including e-auctions, contract management, spend analysis, and vendor management. Their platform helps businesses optimize their procurement processes, improve savings, and enhance supplier relationships.


7. Moreton Bay Technology

  • Website: mbtcheck.com
  • Headquarters: Long Beach, California, United States
  • Founded: 1990
  • Headcount: 51-200
  • LinkedIn

MBT Check offers eProcurement, inventory management, F&B cost control, and global supply chain management solutions. They provide customized systems to meet the individual needs of their clients, prioritizing their objectives. Their platform helps various industries such as hotels, resorts, casinos, restaurants, catering, and non-hospitality sectors. MBT Check's systems aim to improve margins, reduce costs, and ensure consistency and accuracy in purchasing activities.


8. Prokuria

  • Website: prokuria.com
  • Headquarters: Bucharest, Bucuresti, Romania
  • Founded: 2015
  • Headcount: 11-50
  • LinkedIn

Prokuria is a procurement and supplier management software that helps businesses streamline their purchasing flow, increase efficiency, and achieve cost and time savings. With easy-to-use features and customizable processes, Prokuria allows users to collaborate internally, communicate with suppliers, and automate procurement tasks. It eliminates the need for complex and expensive solutions, making it accessible and budget-friendly for businesses of all sizes.


9. Bellwether Purchasing Software

Bellwether Corp offers innovative procurement and inventory management solutions that streamline purchasing, control spending, and provide valuable insights. Trusted by thousands of customers, it saves time and money with its efficient software.


10. ProcureDesk

ProcureDesk offers an intuitive procurement software solution for streamlining procurement processes and managing purchases in real-time.


11. BusinessBid

BusinessBid is an e-procurement software solution that helps businesses lower supply chain operation expenses and streamline their procurement processes. It offers services such as spend management software, delivery management software, and contract management software, among others.


12. Antmyerp

Ant My ERP is a software that integrates sales order processing, inventory management, and operation and logistics management. It automates the purchase process, improves inventory tracking, and enhances field service management. The software also allows for seamless integration with logistics companies for easy delivery tracking. With Ant My ERP, users can manage leads, sales, inventory, HR, finance, assets, and supply chain, all in one platform.


13. Tradogram

Tradogram is a highly configurable system that offers a range of solutions for purchasing administration and operations. It provides features such as order management, supplier management, contract management, and spend analysis. With Tradogram, businesses can streamline their procurement activities, negotiate better deals with suppliers, and track budgets in real-time. The platform is designed to enhance efficiency, accuracy, and cost savings.


14. ProDigital

  • Website: proerp.in
  • Headquarters: Pune, Maharashtra, India
  • Founded: 2013
  • Headcount: 11-50
  • LinkedIn

ProERP is a cloud-based ERP solution that offers modules for GST compliance, purchase management, sales CRM, accounting, HRMS & payroll, project management, supply chain & distribution, support/service management, and production planning. It provides a single platform for all digital needs, including corporate emails, office suite, and video conferencing. ProERP helps businesses improve product flow through accurate demand and sales forecasting, track legal formalities and payments, and generate various financial reports. With features like multi-company support, customizable MIS reports, and granular user authentication, ProERP ensures efficient and secure business operations.


15. PT. Aneka Cipta Total Solusindo

  • Website: myacts.com
  • Headquarters: Surabaya, Jawa Timur, Indonesia
  • Founded: 1997
  • Headcount: 11-50
  • LinkedIn

myacts.com is a software development company that provides solutions for assembly industry, manufacturing companies, HRD departments, direct selling retail industries, machine/vehicle maintenance, food industries, and distribution companies. They focus on helping customers achieve their goals in a simple, easy, and efficient way.


16. Polska Grupa Zbrojeniowa S.A.

  • Website: grupapgz.pl
  • Headquarters: Radom, Mazowieckie, Poland
  • Founded: 2013
  • Headcount: 201-500
  • LinkedIn

Grupa PGZ is a company that offers a modern eB2B Procurement Platform for managing the purchasing cycle on a Procure to Pay basis. It provides services such as purchase requisitions, RFI organization, offer inquiries, electronic tenders, and contract management.


17. SpendMap

  • Website: spendmap.com
  • Headquarters: Richmond Hill, Ontario, Canada
  • Founded: 1989
  • Headcount: 11-50
  • LinkedIn

SpendMap is a cloud-based purchasing software that simplifies the procurement process and eliminates frustration while saving time and money with features like PO automation, requisitions and approvals, supplier invoice approval, and inventory control.


18. Tofino Software Inc.

Tofino is an e-procurement and MRO management software that helps businesses optimize their operations across various industries by providing real-time management of inventory, maintenance management, asset management, and smart procurement.


19. Order

  • Website: order.co
  • Headquarters: New York, New York, United States
  • Founded: 2016
  • Headcount: 51-200
  • Latest funding type: Series B
  • LinkedIn

Order.co is a platform that helps businesses manage their purchasing process, simplify buying, and control spend. They offer solutions for AP automation, group purchasing, procurement, and spend management.


20. Current SCM

CurrentSCM offers software solutions for complex procurement needs, with emphasis on project-centric procurement, materials management, team collaboration, and control.


21. ControlHub

  • Website: controlhub.com
  • Headquarters: San Francisco, California, United States
  • Founded: 2020
  • Headcount: 1-10
  • Latest funding type: Seed
  • LinkedIn

Purchasing software to request, approve👍 and track your company's purchases & expenses💲


22. Helix Software

HELIX Software Technologies provides diversified membership management solutions to small, medium, and large businesses from different industries to manage their operations and increase efficiency and profitability. Their cloud-based software includes financial management, procurement, property and human resource management, supply chain and warehouse management, and manufacturing and production.


23. SME Journal

In partnership with Helix, we have launched the award winning SME Journal as an avenue for small business to get big business software at a truly affordable price Designed for the web, it is Helix Cloud Accounting software that is scalable yet simple-to-use, and is particularly strong in areas such as inventory management, business reporting, and more. When combined with Helix CAS, SME Journal provides a complete Helix solution for small businesses.


24. Finly

  • Website: finly.io
  • Headquarters: Bangalore, Karnataka, India
  • Founded: 2015
  • Headcount: 51-200
  • Latest funding type: Seed
  • LinkedIn

Finly.io offers a comprehensive suite of products to automate and streamline finance operations for enterprises. Their platform is open, flexible, and powerful, providing solutions for expense management, vendor payments, e-procurement, budget control, and more.


25. ISS Group

  • Website: issgroup.com
  • Headquarters: Morristown, New Jersey, United States
  • Founded: 1986
  • Headcount: 11-50
  • LinkedIn

ISS Group is a provider of data-driven approval routing and workflow solutions for QAD User Organizations. They specialize in improving the flow and control of QAD Integrated Processes.


26. Eyvo

  • Website: eyvo.com
  • Headquarters: Mill Valley, California, United States
  • Headcount: 1-10

Eyvo, Inc. is a software development company specializing in non-industry specific, purchase-to-pay, SaaS procurement platforms covering the whole spectrum of supply chain management and spend analytics. With offices in the San Francisco Bay Area, London and Mumbai - Eyvo is well placed to meet the needs of its demanding and expanding client base worldwide.


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