What is Purchasing?
From creating and sending purchase orders within minutes to easy 3-way matching POs, receipts, and bills with our side-by-side comparison view, our new purchasing feature is a time-saver that’ll feel like a lifesaver.
Problem
Traditionally, purchasing processes involve multiple steps that are manual and time-consuming, including creating and sending purchase orders, and matching POs, receipts, and bills. These steps often lead to delays and increased workload for businesses, making the purchasing process cumbersome and inefficient.
Solution
The product is an online platform that simplifies the purchasing process by allowing users to create and send purchase orders within minutes and perform easy 3-way matching of POs, receipts, and bills with a side-by-side comparison view.
Customers
Procurement managers, small to medium-sized business owners, and finance teams who frequently handle purchasing and require a streamlined solution to reduce time and manual errors.
Unique Features
The unique offer of this solution is its ability to streamline the entire purchasing cycle with features like quick purchase order creation, instant sending, and a distinctive 3-way matching system for POs, receipts, and bills which enhances efficiency and cuts down manual work.
User Comments
User comments were not directly available for analysis. User sentiment could not be evaluated due to the lack of accessible feedback.
Traction
Due to the unavailability of specific data related to product traction, like user numbers, MRR, or version updates, the product's market impact and growth cannot be quantified at this time.
Market Size
The global procurement software market size was valued at $5.3 billion in 2020 and is expected to grow at a CAGR of 9.1% from 2021 to 2028.
