Spendwise

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SoftwareWorld Editorial Review

Why SoftwareWorld Chooses Spendwise

"Keeping track of business spending can get messy without the right tools, and Spendwise helps bring some order to that process. It works well for small to mid-sized teams that need a straightforward way to manage purchase orders and expenses without dealing with overly complex systems. The approvals and tracking process is where many users find real value. That said, larger organizations with more advanced financial reporting needs may find the functionality a bit limited over time."
Decision Snapshot

Spendwise Evaluation Snapshot

Review the most important product facts, official access information, and SoftwareWorld’s page-level trust standards in one place.

User Rating4.8 / 5
Starting Price$9 / user
Free TrialAvailable
Free VersionYes
APINot specified
DeploymentCloud Hosted
HeadquartersUnited States
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Product Overview

Spendwise Overview

Product description, media, company details, support, training, deployment, customer size, languages, and industries.

About Spendwise

Spendwise is a powerful purchasing software designed to help organizations streamline their procurement processes and manage expenses effectively. The platform offers robust tools for supplier management, purchase order creation, and expense tracking, ensuring that organizations can control their spending and enhance supplier relationships. With its user-friendly interface, users can easily create purchase orders, track deliveries, and manage supplier communications. Spendwise supports integration with various financial and accounting systems, enhancing functionality and facilitating seamless data flow. The software’s analytics capabilities provide insights into purchasing patterns and cost-saving opportunities, helping organizations optimize their procurement strategies. Ideal for finance and procurement teams, Spendwise empowers organizations to enhance purchasing efficiency and achieve better financial control.
Company Spendwise
Founded 2012
Headquarters United States
Employees NA

Support

24x7 Support Email Phone Chat Knowledge Base FAQs/Forum

Training

In-person Live Online Webinar Documentation Videos

Licensing & Deployment

Proprietary Cloud Hosted Web-Based

Typical Customers

Self-Employed Small-Business Midsize-Business
Languages Supported 1 language available
English
Industries Served 5 industries available
Airlines/Aviation Aviation & Aerospace Medical Practice Restaurants Wireless

Why Choose Spendwise

Problem it Solves

  • Problem it Solves Helps Users Manage And Optimize Their Spending Effectively

Target Users

  • Target Users Budget-conscious Individuals
  • Target Users Small Business Owners
  • Target Users Financial Planners
  • Target Users Young Professionals
  • Target Users Families Managing Household Expenses

Core Use Case

  • Core Use Case Track Expenses
  • Core Use Case Manage Budgets
  • Core Use Case Analyze Spending
  • Core Use Case Generate Reports
  • Core Use Case Set Financial Goals

USP

  • USP Effortless Budgeting For Smarter Financial Decisions

Pros

  • Pros Small business expense tracking without the enterprise-level complexity or price
  • Pros Purchase orders and invoices handled in one connected place
  • Pros Free plan available — rare for accounting-focused tools
  • Pros Approval workflows let managers control spending before it happens
  • Pros Vendor management keeps supplier records organized and easy to reference
  • Pros Cloud-based access means no software installation headaches
  • Pros Simple interface makes onboarding new team members genuinely painless
  • Pros Reporting gives clear visibility into where money is actually going

Cons

  • Cons Approval workflows feel rigid when handling more complex purchase scenarios
  • Cons Mobile experience lacks the depth power users expect on desktop
  • Cons Reporting tools satisfy basics but leave analytics-heavy teams wanting more
Editorial Buyer Guidance

Who Is Spendwise Best For?

Review the buyer problem, target users, practical use cases, and product differentiator identified by the SoftwareWorld review team.

Problem It Solves

Helps Users Manage And Optimize Their Spending Effectively

Target Users

  • Budget-conscious Individuals
  • Small Business Owners
  • Financial Planners
  • Young Professionals
  • Families Managing Household Expenses

Core Use Cases

  • Track Expenses
  • Manage Budgets
  • Analyze Spending
  • Generate Reports
  • Set Financial Goals

Unique Selling Point

Effortless Budgeting For Smarter Financial Decisions

Strengths and Limitations

Spendwise Pros & Cons

Consider the practical advantages and limitations identified through SoftwareWorld's product assessment.

+

Pros

  • Small business expense tracking without the enterprise-level complexity or price
  • Purchase orders and invoices handled in one connected place
  • Free plan available — rare for accounting-focused tools
  • Approval workflows let managers control spending before it happens
  • Vendor management keeps supplier records organized and easy to reference
  • Cloud-based access means no software installation headaches
  • Simple interface makes onboarding new team members genuinely painless
  • Reporting gives clear visibility into where money is actually going
!

Cons

  • Approval workflows feel rigid when handling more complex purchase scenarios
  • Mobile experience lacks the depth power users expect on desktop
  • Reporting tools satisfy basics but leave analytics-heavy teams wanting more
Category-Based Capabilities

Spendwise Features

Each category combines the selected software category, its category-specific description, and the features assigned to that category.

Supply Chain Management Software 28 selected features Open category ↗
Shipping Management Order Management Multi-Location Document Management Reporting/Analytics Demand Forecasting Purchase Order Management Quotes/Estimates Accounting Warehouse Management Compliance Management Import/Export Management Returns Management Transportation Management Inventory Optimization Bills of Material Supplier Management Audit Management Barcode/Ticket Scanning Order Fulfillment Purchasing & Receiving Procurement Management Inventory Management Status Tracking Sourcing Management Logistics Management Customer Database User Management
Inventory Management Software 32 selected features Open category ↗
Reorder Management Vendor Managed Inventory Barcode/Ticket Scanning Returns Management Multi-Currency Sales Reports Purchase Order Management Inventory Optimization Inventory Management Real Time Data Multi-Channel Management Cost Tracking Invoice Management Retail Inventory Management Kitting eCommerce Management Customer Database Product Identification Shipping Management Reporting/Analytics Multi-Location Inventory Control Forecasting Warehouse Management Supplier Management Point of Sale (POS) Alerts/Notifications Accounting Integration Status Tracking Order Management Inventory Auditing Inventory Replenishment
Inventory Control Software 17 selected features Open category ↗
Supplier Management Warehouse Management Search/Filter Barcoding/RFID Serial Number Tracking Cost Tracking Inventory Management Purchase Order Management Purchasing & Receiving Check-in/Check-out Forecasting Reorder Management Reporting/Analytics Order Management Billing & Invoicing SKU/UPC Codes Returns Management
Procure to Pay Software 9 selected features Open category ↗
Financial Reporting Vendor Management Integration Management Compliance Management Contract Lifecycle Management Budgeting/Forecasting Inventory Management Order Management Billing & Invoicing
Procurement Software 18 selected features Open category ↗
Receiving Invoice Processing Spend Analysis Spend Control Purchase Order Management Spend Management Contract/License Management Supplier Management Approval Process Control Sourcing Management Fixed Asset Management Inventory Management Vendor Management Quotes/Estimates Requisition Management Cataloging/Categorization Budgeting/Forecasting Inventory Control
Purchasing Software 16 selected features Open category ↗
Supplier Management Activity Dashboard Compliance Management Budgeting/Forecasting Inventory Management Reporting & Statistics Alerts/Notifications Order Management Multi-Currency Data Import/Export Sourcing Management Workflow Management Real-Time Data Access Controls/Permissions Purchasing Reports Approval Process Control
Spend Management Software 10 selected features Open category ↗
Spend Control Approval Workflow Procurement Management Prepaid Cards Spend Analysis Multi-Currency Receipt Management Budgeting/Forecasting Supplier Management Expense Tracking
Connected Applications

Spendwise Integrations

Integration information is displayed only when approved integration products are available on the profile.

Pricing Information

Spendwise Pricing

Pricing type, currency, trial availability, payment frequency, destination links, and package-level starting prices.

Pricing Type Per User
Preferred Currency USD ($)
Free Trial Available
Free Version Yes
Payment Frequency Monthly Subscription
Basic
$9 Per User

Prices shown are profile information and may not include taxes, regional differences, introductory terms, usage limits, or add-ons. Confirm current plans on the vendor website.

Verified User Feedback

Spendwise Reviews

Approved reviews submitted through verified Google or LinkedIn reviewer accounts.

Write a Spendwise Review ↗
4.8
Based on 2 approved reviews
5 stars 75%
4 stars 25%
3 stars 0%
2 stars 0%
1 star 0%
Jason B.
Jason B. Chief Engineer

Comprehensive and User-Friendly Purchasing Tool

Spendwise is easy to learn and use, letting you manage every part of purchasing—from bid requests and purchase orders to bills and closeouts. It’s a full-featured tool that just works. There’s really not much to dislike. Coming from using paper P.O.s, moving to Spendwise felt like upgrading from a horse-drawn carriage to a modern hybrid car—it’s that capable and efficient.

Reviewed on March, 2024
Dalton M.
Dalton M. Purchasing Coordinator

Simple and Smooth-to-Use Software

This software is really easy to use—almost completely point-and-click, which makes getting started a breeze. I haven’t run into any issues, and it runs smoothly every time.

Reviewed on September, 2023
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Frequently Asked Questions

Spendwise FAQs

Answers generated from approved profile information, selected options, packages, integrations, support, training, deployment, and devices.

Spendwise is a powerful purchasing software designed to help organizations streamline their procurement processes and manage expenses effectively. The platform offers robust tools for supplier management, purchase order creation, and expense tracking, ensuring that organizations can control their spending and enhance supplier relationships. With its user-friendly interface, users can easily create purchase orders, track deliveries, and manage supplier communications. Spendwise supports integration with various financial and accounting systems, enhancing functionality and facilitating seamless data flow. The software’s analytics capabilities provide insights into purchasing patterns and cost-saving opportunities, helping organizations optimize their procurement strategies. Ideal for finance and procurement teams, Spendwise empowers organizations to enhance purchasing efficiency and achieve better financial control.

  • Yes, Spendwise offers a free version.

  • Yes, Spendwise offers a free trial.

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

  • Spendwise offers the following pricing plans & packages:

    Basic

    $9 Per User

  • Spendwise supports the following payment frequencies:

    • Monthly Subscription

  • No, Spendwise does not offer an API.

  • Spendwise can be integrated with the following applications:

    • Salesforce Sales Cloud , QuickBooks Online , Xero , NetSuite , Sage Intacct , SAP Concur , Microsoft Excel , Expensify , Zapier

  • Spendwise offers support with the following options:
    • 24x7 Support , Email , Phone , Chat , Knowledge Base , FAQs/Forum

  • Spendwise offers training with the following options:
    • In-person , Live Online , Webinar , Documentation , Videos

  • Spendwise supports the following languages:
    • English

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

  • Spendwise supports the following deployment:
    • Cloud Hosted

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