Procurement and source-to-pay software

Procurement software 10 companies

Procurement software takes a purchase from the request to the supplier's invoice: finding suppliers, collecting quotes, choosing one, raising the order and checking the bill.

Procurement suites

Software for the whole buying process.

CoupaCoupa, with a large centre in Pune, sells one of the leading suites for the whole buying process, from request to payment.Pune · Hyderabad · Bengaluru

ProcolProcol, founded by Indians, sells procurement software to companies around the world.Delhi NCRHired recently

ZycusZycus, founded by Indians, sells a procurement suite to large companies around the world.

GEP WorldwideGEP, founded in New Jersey by Indian entrepreneurs and run largely from Mumbai, sells procurement software, and staff who do the buying for its customers.

AerchainAerchain, in Bengaluru, sells procurement software built around AI agents that collect quotes and sign up new suppliers.

ProQsmartProQsmart, a seven-person Bengaluru company, sells procurement software for small businesses.

SmartDocs Inc.SmartDocs, in Hyderabad, builds purchase and invoice workflows on top of SAP, for companies that run SAP.

RipplingRippling, best known for payroll, also sells software for controlling company spending, next to its payroll product.BengaluruHiring nowSee alsoHR, payroll and workforce management software

Software for suppliers who bid

Tools for the supplier answering a tender.

ContraVault AIContraVault AI, a ten-person Bengaluru start-up, reads the tender documents a supplier is bidding on and finds the risks and requirements in them.

ParspecParspec sells bidding software for suppliers of building materials and equipment.See alsoConstruction tech

The tech, explainedProcure-to-pay software

Spend management for software, phones and data 4 companies

Besides parts, a company pays every month for software subscriptions, phone lines and data feeds. These companies track those bills and cut the ones that are not needed.

FlexeraFlexera, with a large centre in Bengaluru, tracks the software a company has bought and the cloud services it uses, so it does not pay for what it does not use.BengaluruHiring now

SpendfloSpendflo, founded in Chennai, manages a company's software subscriptions and negotiates their renewals for it.

SakonSakon, with engineers in Pune, checks the bills for the thousands of phone lines and network connections of large companies.

TRG ScreenTRG Screen, with engineers in Bengaluru, tracks a bank's market-data subscriptions, such as Bloomberg terminals and stock-exchange price feeds.

The tech, explainedTelecom and technology expense management Software asset management (SAM)↗ IT managementSaaS management↗ IT management

How it all worksFinance and accounting softwarePaying suppliers, billing customers, closing the books.

See how it works →

What's changing

AI agents are starting to do the buying.

Collecting quotes, comparing suppliers and chasing invoices are repetitive tasks. Procurement companies are building AI agents that do them, with a person approving the final choice.