Spendwise Review - why 4.5 stars?

Spendwise Review
ITQlick Score: 88/100
ITQlick Rating:
Pricing: 2.4/10 - low cost
Category: Procurement -> Spendwise review
Ranking:Ranked 1 out of 13 Procurement systems
Company: Spendwise
Pricing: starts at $9 per user/month
Typical customers: Small, medium and large size businesses
Platforms: Cloud
Links: Spendwise pricing, Spendwise alternatives
Shlomi LaviShlomi Lavi / updated: Jun 07, 2022

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

What is Spendwise?

Spendwise is a cloud-based Supply Chain Management software designed to make purchasing easy, fast and secure. This application allows you to create, send and approve quality purchase orders; receive on purchase orders when goods are received or delivered and manage bills and expenses electronically.

These features ensure that you spend less time pushing paper and focus on doing what you love and cut down on administrative costs by eliminating needless spending. Plus, all the data is stored securely online so that you can access it anywhere anytime. Spendwise is a private company based in California in the US.

Who is it best for?

The typical customers include the following business size: Small, medium and large size businesses.

What is the actual cost?

Spendwise (formerly Officewise) provides three license pricing options; Basic, Pro, and Enterprise.
  • Basic starts at $9 user per month and $90 user per year.
  • Pro starts at $19 user per month and $190 user per year.
  • The license cost information for Enterprise is unavailable.
Basic offers features such as Purchasing, Receiving, Invoice matching, etc. Pro offers everything in Basic plus: Multiple Dashboards, Approval limits & Workflows, Custom user roles, etc. Enterprise offers everything in Pro plus: Implementation package, Priority support, etc.

ITQlick pricing score is 2.4 out of 10 (10 is most expensive). Access ITQlick pricing guide for Spendwise. You can also find here pricing information from Spendwise's website.

Pros

  • Spendwise offers a user-friendly interface
  • The features cater for the basic essential needs in any company
  • Users can manage their invoices, purchase orders, bills, and expenses streamlined
  • Less stacks of paper which is good for the environment
  • Users can assign roles to users and provide access to specific transactions

Cons

  • Unfortunately, they do not have a customer chat support service on site
  • With a lack of manuals or training, the updates can take time to get used to

How it stacks up?

Access a head to head analysis of Spendwise vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
Spendwise
ITQlick rating
4.5/5
Score
88/100
Pricing
2.4/10
License pricing
$9 per user/month
Functionality
8
Compare
Zycus
ITQlick rating
2.8/5
Score
85/100
Pricing
10/10
License pricing
$59 per user/month
Functionality
3
Review
eBuyerAssist
ITQlick rating
5/5
Score
82/100
Pricing
6/10
License pricing
$34.95 per user/month
Functionality
23
Tradogram
ITQlick rating
4.6/5
Score
81/100
Pricing
2.4/10
License pricing
$18 per user/month
Functionality
19
Procurify
ITQlick rating
4.4/5
Score
77/100
Pricing
2.4/10
License pricing
$499 per month
Functionality
10

Frequently Asked Questions (FAQs)

Is it the best Procurement system?

Spendwise is ranked 1 out of 13 software in their category (Procurement systems).

How they are rated on ITQlick?

The rating of Spendwise is 4.5 stars out of 5 and the total score is 88 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, Spendwise makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

No, currently Spendwise can't be accessed on mobile, you would need to access it from your computer.

What should we ask during a demo session?

Differences between Spendwise and alternatives?

The most popular alternatives to Spendwise in 2023: Zycus, eBuyerAssist, Tradogram, Procurify, NextBuy. Access the complete competitors analysis here - Spendwise VS Procurement Software alternatives.

Is Spendwise right for you or your business?

Spendwise is a good fit for organizations seeking online software that helps them manage their business sales and expenditure. Some businesses using this software are Gold Gym Northwest, Profusa, Future Forwarding Company, etc.

List of categories

Accounts Receivable
Inventory Management
Compliance
Maintenance Inventory Management
Contract Management
PO: Purchase orders
Strategic Sourcing
Supplier Management

Auditor - Shlomi Lavi

Website Linkedin profile Facebook Twitter

Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.