FactWise Overview

FactWise is a comprehensive procure-to-pay (P2P) software designed to streamline procurement and financial processes for organizations. This platform provides users with robust tools that facilitate the entire procurement lifecycle, from requisition and supplier management to invoice processing and payment. With FactWise, organizations can easily manage purchase orders, track supplier performance, and ensure compliance with procurement policies, enhancing operational efficiency. The software features automated workflows that reduce manual effort and improve accuracy, allowing teams to focus on strategic sourcing and vendor relationships. Additionally, FactWise includes reporting and analytics capabilities that provide insights into spending patterns, helping organizations identify cost-saving opportunities and optimize procurement strategies. The platform’s user-friendly interface promotes ease of use for both procurement and finance teams, fostering collaboration and efficiency. By optimizing the procure-to-pay process, FactWise empowers organizations to enhance their financial management and drive sustainable growth.

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Contact Details

  • Vendor Name FactWise
  • Founded
  • Location United States

Support

  • FAQs/Forum FAQs/Forum

Training

  • Documentation Documentation

Licensing & Deployment

  • Proprietary Proprietary
  • Cloud Hosted Cloud Hosted
  • Web-Based Web-Based

Typical Customers

  • Self-Employed Self-Employed
  • Small-Business Small-Business
  • Midsize-Business Midsize-Business

Languages Supported

English


Industries

Building Materials, Consumer Electronics, Retail, Wholesale

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FactWise Features

  • Arrow Icon Financial Reporting
  • Arrow Icon Vendor Management
  • Arrow Icon Integration Management
  • Arrow Icon Compliance Management
  • Arrow Icon Contract Lifecycle Management
  • Arrow Icon Budgeting/Forecasting
  • Arrow Icon Inventory Management
  • Arrow Icon Order Management
  • Arrow Icon Billing & Invoicing
  • Arrow Icon Artificial Intelligence
  • Arrow Icon Receiving
  • Arrow Icon Invoice Processing
  • Arrow Icon Spend Analysis
  • Arrow Icon Spend Control
  • Arrow Icon Purchase Order Management
  • Arrow Icon Spend Management
  • Arrow Icon Contract/License Management
  • Arrow Icon Supplier Management
  • Arrow Icon Approval Process Control
  • Arrow Icon Sourcing Management
  • Arrow Icon Fixed Asset Management
  • Arrow Icon Inventory Management
  • Arrow Icon Vendor Management
  • Arrow Icon Quotes/Estimates
  • Arrow Icon Requisition Management
  • Arrow Icon Cataloging/Categorization
  • Arrow Icon Budgeting/Forecasting
  • Arrow Icon Inventory Control
  • Arrow Icon Artificial Intelligence
  • Arrow Icon Supplier Management
  • Arrow Icon Activity Dashboard
  • Arrow Icon Compliance Management
  • Arrow Icon Budgeting/Forecasting
  • Arrow Icon Inventory Management
  • Arrow Icon Reporting & Statistics
  • Arrow Icon Alerts/Notifications
  • Arrow Icon Order Management
  • Arrow Icon Multi-Currency
  • Arrow Icon Data Import/Export
  • Arrow Icon Sourcing Management
  • Arrow Icon Workflow Management
  • Arrow Icon Real-Time Data
  • Arrow Icon Access Controls/Permissions
  • Arrow Icon Purchasing Reports
  • Arrow Icon Approval Process Control
  • Arrow Icon Artificial Intelligence
  • Arrow Icon Project Management
  • Arrow Icon Self Service Portal
  • Arrow Icon Onboarding
  • Arrow Icon Risk Assessment
  • Arrow Icon Document Management
  • Arrow Icon Audit Management
  • Arrow Icon Approval Process Control
  • Arrow Icon Compliance Management
  • Arrow Icon Performance Metrics
  • Arrow Icon Contract/License Management
  • Arrow Icon Invoice Processing
  • Arrow Icon Transaction History
  • Arrow Icon Sourcing Management
  • Arrow Icon Reporting & Statistics
  • Arrow Icon Offboarding
  • Arrow Icon Vendor Payment
  • Arrow Icon Procurement Management
  • Arrow Icon Artificial Intelligence
  • Arrow Icon Activity Dashboard
  • Arrow Icon Approval Process Control
  • Arrow Icon Auction Management
  • Arrow Icon Audit Management
  • Arrow Icon Bid Management
  • Arrow Icon Budget Management
  • Arrow Icon Catalog Management
  • Arrow Icon Compliance Management
  • Arrow Icon Contract/License Management
  • Arrow Icon Document Management
  • Arrow Icon ERP integration
  • Arrow Icon Global Sourcing Management
  • Arrow Icon Invoice Management
  • Arrow Icon Procurement Management
  • Arrow Icon Purchase Order Management
  • Arrow Icon Purchasing & Receiving
  • Arrow Icon Quotes/Estimates
  • Arrow Icon Requisition Management
  • Arrow Icon RFP Creation
  • Arrow Icon Rfx Management
  • Arrow Icon Risk Assessment
  • Arrow Icon Spend Analysis
  • Arrow Icon Spend Control
  • Arrow Icon Supplier Management
  • Arrow Icon Supplier Risk Management
  • Arrow Icon Supplier Web Portal
  • Arrow Icon Supply Chain Management
  • Arrow Icon Template Management
  • Arrow Icon Vendor Management
  • Arrow Icon Artificial Intelligence

FactWise Pricing

Pricing Type

  • Pricing Type Contact Vendor

Preferred Currency

  • USD ($) USD ($)

Free Trial

  • NA

Free Version

  • Yes Yes

Payment Frequency

  • NA

FactWise FAQs

FactWise is a comprehensive procure-to-pay (P2P) software designed to streamline procurement and financial processes for organizations. This platform provides users with robust tools that facilitate the entire procurement lifecycle, from requisition and supplier management to invoice processing and payment. With FactWise, organizations can easily manage purchase orders, track supplier performance, and ensure compliance with procurement policies, enhancing operational efficiency. The software features automated workflows that reduce manual effort and improve accuracy, allowing teams to focus on strategic sourcing and vendor relationships. Additionally, FactWise includes reporting and analytics capabilities that provide insights into spending patterns, helping organizations identify cost-saving opportunities and optimize procurement strategies. The platform’s user-friendly interface promotes ease of use for both procurement and finance teams, fostering collaboration and efficiency. By optimizing the procure-to-pay process, FactWise empowers organizations to enhance their financial management and drive sustainable growth.

  • Yes, FactWise offers a free version.

  • Yes, FactWise offers a free trial.

  • No, Credit Card details are not required for the FactWise trial.

  • No, FactWise does not offer an API.

  • FactWise offers support with the following options:
    • FAQs/Forum

  • FactWise offers training with the following options:
    • Documentation

  • FactWise supports the following languages:
    • English

  • Following are the typical users of the FactWise:
    • Self-Employed , Small-Business , Midsize-Business

  • FactWise supports the following deployment:
    • Cloud Hosted

  • FactWise supports the following devices and operating systems:
    • Web-Based