ProcureDesk

What is ProcureDesk?

ProcureDesk is a procurement and accounts payable automation platform for mid-market finance teams. It connects purchasing, approvals, invoices and payments into one process, with done-for-you onboarding and go-live in 2 to 4 weeks. The vendor says it is SOC 2 certified.

Key features of ProcureDesk

• Approval routing: multi-level, department-specific approvals before spend.
• Budget controls: real-time department budgets with overrun flags.
• Punchout catalogs: 200-plus supplier catalogs including Amazon Business, Grainger, Staples, CDW and Home Depot Pro.
• Invoice matching: three-way matching and OCR capture.
• Audit trails: links request, approval, PO, receipt and invoice.
• Other: mobile approvals, multi-entity support and asset management.

How ProcureDesk works

Employees request purchases, approvals route automatically, orders go to suppliers, and invoices are matched to POs and receipts before payment sync to accounting.

Who uses ProcureDesk?

Users are controllers, CFOs, accounting managers and procurement managers in biotech, manufacturing, construction, affordable housing and charter schools. The vendor claims 500-plus clients.

ProcureDesk pricing

ProcureDesk does not list prices on its homepage. It names three packages, Purchasing Automation, Purchasing and AP Automation, and Enterprise, and says standard integrations are included at no extra cost.

ProcureDesk integrations

The vendor names QuickBooks Online, Desktop and Enterprise, Xero, Sage Intacct, NetSuite, Microsoft Business Central, Dynamics 365, Bill.com and Slack.

ProcureDesk alternatives

Coupa is a larger spend management suite with heavier implementation. Vroozi is a similar mid-market procurement platform with catalog and PO tooling. Precoro targets small and midsize teams with simple approvals and budgets, and Fraxion is a purchasing and spend tool for mid-market and nonprofits.