6 Best Procurement Software For NetSuite

If you are looking for Procurement Software that integrates well with NetSuite, then you have come to the right place.

In this blog post, we will discuss some of the best Procurement Software for NetSuite that are available on the market today. We will also highlight some of the features that these software programs offer. Keep in mind that not all of these options may be a perfect fit for your business, so be sure to do your own research before making a decision.

Without further ado, let’s get started!

Procurement Software Market Trends

According to a report by ResearchAndMarkets, the procurement software market held a market value of $5,635.6 Million in 2020 and is forecasted to reach $9,654.8 Million by the year 2026, at a CAGR of 9.4%.

NetSuite is a comprehensive ERP software suite that helps businesses manage all aspects of their operations, from financials to inventory and beyond. And while NetSuite does offer its own procurement module, many businesses find that they need something more robust to manage their purchasing needs. That’s where Procurement Software comes in.

Procurement Software is designed to help businesses streamline their purchasing processes, from requisition approvals to supplier management and beyond. And because Procurement Software integrates with NetSuite, businesses can take advantage of all the features and benefits that NetSuite has to offer.

So if you’re looking for Procurement Software that integrates well with NetSuite, be sure to check the below list of best Procurement Software for NetSuite.

Comparison Of The Best Procurement Apps Integrated with NetSuite

Name	Best for	Pricing	Link
Pairsoft	Best for mid-market and enterprise companies that need to connect their ERP system.	Contact for quote	Learn more
Paramount Workplace	Best for midsize and large businesses across industry verticals such as health care, entertainment, technology and more.	Contact for quote	Learn more
Precoro	Best for small, and midsize businesses	It comes with a free 14-days trial Small (≤ 20 users) - $35 / month per user Large (>20 users) - contact support	Learn more
Procurify	Best for midsize and enterprise-level organizations.	Contact for quote	Learn more
Tradogram	Best for freelancers, small, mid size businesses, and large enterprises	Basic: $0 for 1 user, 10 purchase orders / month Premium: $18 per user per month Enterprise: Contact for quote	Learn more
KissFlow Procurement Cloud	Best for businesses that are switching from manual procurement management systems.	It comes with a free trail Premium plan starts at $1,990*/ mo (Billed annually)	Learn more

List Of The Best Procurement Integrations For NetSuite

Without further ado, let’s get started!

#1. Pairsoft

Best for mid-market and enterprise companies that need to connect their ERP system.

Pairsoft is an automated and fully digitized procurement management platform that helps streamline and automate your procureent process.

It is designed to work seamlessly with NetSuite, making it an ideal solution for businesses using this ERP system.

If you are a NetSuite user, Pairsoft Procurement Software is the perfect solution for streamlining your purchasing process.

Pairsoft Procurement Software offers a wide range of features to help you manage your procurement process more efficiently, including:

Pairsoft Features:

Ease of Use.
Purchase order management
Inventory management
Employees expenses
Vendor management
Document capture using OCR technology.
Routing and compliance assurance are made easier by the streamlined approval process.
Automated invoice processing and validation
Spend insight across product categories based on 360° experience.
Communication between vendors and suppliers in real time
Retrieving and tracking data using advanced techniques

Pairsoft Pricing: Contact for quote

Try Pairsoft

#2. Paramount Workplace

Best for midsize and large businesses across industry verticals such as health care, entertainment, technology and more.

Paramount WorkPlace is a procurement management solution that comes with a simple & intuitive web browser dashboard. It can be hosted either in the cloud or on-premise.

It can be integrated with applications such as NetSuite, Microsoft Dynamics, Blackbaud, Sage Intacct etc.,

Paramount WorkPlace Features:

Managing vendor contract and purchase order
Status monitoring and audit capabilities.
Customized catalog creation for selected items.
Centralized OCR is used to read data from bills and turn them into digital files.
Establish rules for generating and approving purchase orders.

Paramount WorkPlace Pricing: Contact for quote

Try Paramount Workplace

#3. Precoro

Best for small, and midsize businesses

Precoro is a robust procure-to-pay system that helps you streamlining your purchasing, spend management, and accounts payable processes.

It can be integrated with accounting software such as Oracle Netsuite, Quickbooks, Open API, Xero etc.,

The integration of Precoro and NetSuite enables your procurement and finance departments click: synchronize PO’s, invoices, budgets, and vendor information from both directions.

Precoro Features:

Purchase requests
Purchase order
Approval workflow
Budget, warehouse, supplier, and user management
Requisition management
Customizable reports
Integrate with Netsuite, Quickbooks, Open API, Xero etc.,

Precoro Pricing:

It comes with a free 14-days trial
Small (≤ 20 users) – $35 / month per user
Large (>20 users) – contact support

Try Precoro

#4. Procurify

Best for midsize and enterprise-level organizations.

Procurify is a cloud-based procurement and purchasing software that helps businesses track, control and analyze all business spending. All purchasing information may be gathered and managed by the businesses, while team members can do their own purchasing.

Procurify Features:

Customizable Approval Routing
Purchasing Workflows
Vendor Management
Expenses Management
Procurify Spending Card
Spend Visualization & Reporting
Real-time Budget Tracking
Android and iOS apps

Procurify Pricing: Contact for quote

Try Procurify

#5. Tradogram

Best for freelancers, small, mid size businesses, and large enterprises

Tradogram is a cloud based procurement software that is used for spend management, purchase order management and all procurement processes.

This web based procurement management software allows you to streamline all communication in regards to purchasing.

It can be integrated with Oracle NetSuite, Xero, Quickbooks, Microsoft Dynamics, Sage 300 etc.,

Tradogram Features:

Supplier management
Purchase-to-Pay
Strategic Sourcing
Contract Management
Spend Analysis
Order Management

Tradogram Pricing:

Basic: $0 for 1 user, 10 purchase orders / month
Premium: $18 per user per month
Enterprise: Contact for quote

Try Tradogram

#6. KissFlow Procurement Cloud

Best for businesses that are switching from manual procurement management systems.

KissFlow Procurement Cloud is a simple and customizable purchase order management software that allows you to take control of your procure-to-pay (P2P) process.

It can be integrated with NetSuite, SAP, Salesforce, Microsoft Dynamics, Xero etc.,

KissFlow Procurement Cloud Features:

Purchase requisition
Purchase order
Purchase invoices
Vendor management
Spend Analytics

KissFlow Procurement Cloud Pricing:

It comes with a free trail
Premium plan starts at $1,990*/ mo (Billed annually)

Try KissFlow Procurement Cloud

FAQ’s – Procurement Software for Oracle NetSuite

Procurement software is a type of business software that helps organizations manage their purchasing and Procurement activities. It can help organizations keep track of and manage their Procurement processes, including requesting and approving purchase orders, tracking supplier performance, and analyzing Procurement data. It can also help organizations automate their Procurement processes, making it easier and more efficient to manage Procurement activities.

There are many different types of Procurement software available, and the best Procurement software for an organization will depend on its specific Procurement needs. Some of the market leaders are
#1. Pairsoft
#2. Paramount Workplace
#3. Precoro
#4. Procurify
#5. Tradogram
#6. Kissflow Procurement Cloud

NetSuite Procurement is a NetSuite application that provides a streamlined way to manage and track your company’s spending. It gives you visibility into your organization’s total spend, helping you to make more informed decisions about where to allocate your budget. NetSuite Procurement also helps you to negotiate better deals with suppliers, by giving you the ability to compare prices and terms side-by-side. And because it is integrated with NetSuite’s financials, you can be confident that your Procurement data is always up-to-date and accurate.

NetSuite’s Purchase order module offers a complete purchasing solution that helps businesses streamline their procurement process. With NetSuite, companies can manage their procure-to-pay cycle from requisition to payment in one centralized system.

Procurement software is designed to help businesses streamline their procurement processes. It offers a range of features to help businesses manage their suppliers, orders and invoices more efficiently.

Some of the key features of procurement software include:

– Supplier management: Procurement software can help businesses keep track of their suppliers and orders. It can also help businesses manage supplier relationships and negotiate better deals.
– Order management: Procurement software can help businesses track their orders and invoices. It can also help businesses automate their ordering processes.
– Invoice management: Procurement software can help businesses manage their invoices and payments. It can also help businesses automate their invoice processing.
– Reporting: Procurement software can generate reports on procurement activity. This can help businesses track spending, identify trends and improve their Procurement processes.
– Seamless integration: A good procurement platform should allow integration with third-party tools such as accounting platforms, finance cloud, and file transfers between departments so that data redundancy and human mistakes may be avoided.
– Cloud-based model: Organizations may leverage a cloud-based procurement tool to set up, manage, and maintain a central database that can be retrieved from anywhere at any time.

Conclusion

The procurement software market is growing due to the increasing focus on cost reduction and process optimization, the need for compliance with government regulations, and the growing adoption of cloud-based solutions.

One of the major trends in the procurement software market is the increasing adoption of cloud-based solutions. Cloud-based solutions offer various benefits, such as reduced IT costs, scalability, and flexibility. These solutions are also easy to deploy and offer rapid deployment.

Another trend in the procurement software market is the increasing adoption of mobile applications. Mobile applications offer various benefits, such as increased productivity, real-time information access, and improved decision-making. These applications also help in reducing procurement cycle time and improving communication between buyers and suppliers.

The major players in the procurement software for NetSuite include Pairsoft, Paramount Workplace, Precoro, Procurify, Tradogram, Kissflow Procurement Cloud. These players have adopted various growth strategies, such as partnerships, collaborations, and acquisitions to expand their presence in the procurement software market.

Now that you know a little bit more about some of the best Procurement Software for NetSuite, be sure to do your own research to see if any of these options would be a good fit for your business. Thanks for reading!

Do you use NetSuite? Are you happy with the procurement module? Let us know in the comments below!

Related posts:

6 Best Procurement Software For NetSuite

Comparison Of The Best Procurement Apps Integrated with NetSuite