Procurement Software Comparison: Topes, Procurify, Coupa

In today's article, we invite you to learn closer and try these three progressive companies of purchasing industry - Topes, Procurify, Coupa. Learn about their core functionality, the differences and why one of them should be used in the company unconditionally.

Coupacoupa

Coupa Procurement enables your business to spend smarter and save money through broad adoption and use of innovative, easy to use, fast to implement and cost-effective cloud spend management applications. The Coupa Procurement platform’s capabilities span the entire procurement lifecycle, from employee requisitions, through the approval workflow, to invoicing and inventory management.

Procurement, Expense Management, and Invoice Management are at the center of our cloud platform. This transactional core is augmented by powerful applications to help you increase compliance, efficiency, and visibility.  Because it is a true cloud platform, built on a single code line, Coupa can be configured to meet your needs with little integration work.

512 6

Pros:

  • Approval Process Control
  • Asset Management
  • Auction Management
  • Catalog Management
  • Inventory Management
  • Invoice Processing
  • Punchout
  • Requisition Management
  • RFPs / RFQs
  • Supplier Management
  • Web-based

Cons:

  • eSourcing – NO
  • One contract, one bill – NO
  • Premium Support – NO

Website:  http://www.coupa.com


 

ProcurifyProcurify.com_Logo

Procurify was established in 2011 to provide a robust, cloud-based procurement solution with an emphasis on reducing the amount of paperwork traditionally associated with the procurement and purchasing processes. Procurify provides a user-friendly, intuitive interface that is easy to navigate, ultimately reducing a company’s reliance on paper.

The ordering process within Procurify has been designed to make it easy to create requests quickly, offering users an experience that’s similar to online shopping. Procurify reduces the number of clicks needed to complete the procurement process, providing a smooth experience with a minimal learning curve. The system is entirely web-based, so expenses and receipts can be accessed at any time, from any location with an Internet connection; Procurify can also be easily accessed from Internet-enabled devices like tablets and smartphones.

With the Order Management feature, POs can be sent directly to the supplier, avoiding instances where you accidentally send the same PO twice. With this feature, businesses can work towards a more successful and efficient partnership with their suppliers. As the ordered items arrive, Procurify accurately tracks which items have arrived, and sends alerts to staff members when key items have been delivered.

We recommend Procurify to mid-sized and enterprise-level supply chain companies in a variety of industries, including pharmaceuticals, electronics, and automotive.

34 2   651

Pros:

  • Approval Process Control – YES
  • Catalog Management – YES
  • Inventory Management – YES
  • Invoice Processing – YES
  • Requisition Management – YES
  • Web-based

Cons:

  • RFPs / RFQs – NO
  • Punchout – NO
  • eSourcing – NO
  • Asset Management – NO
  • Auction Management – NO

Website: http://www.procurify.com.

 


Top Enterpise Solutions (TOPES)

1897799_1479204112290990_6960788827633771187_n

Topes was founded in 2013 and began to work in the Eastern Europe. Topes is  ePurchasing platform with enticing shopping experiences and simple configurable approval workflows. Topes makes companies more profitable by reducing their costs and making procurement more efficient and transparent. With Topes companies can  set limits and monitor budgets for departments and projects, reduce costs by channeling purchases to approved suppliers and pre-negotiated contracts,  save employee’s valuable time when they need to buy goods and services, improve visibility by capturing liabilities in one shared system.

The ordering process was simplified as much as possible: easy search, a few clicks and your item ordered. Simple, convenient and pleasant interface allows you to quickly navigate and get used to a more efficient ordering process.

Distinguished addition – the service “one bill, one contract.” No settlements with suppliers, no paper, no wasting human resources administrative and accounting department – all with absolute ease and optimized to do the job the company more profitable, reduce costs and gain complete control over procurement.

At now TOPES become a Precoro.

 


1 2 3 4 5 6

Pros:

  • Approval Process Control – YES
  • Catalog Management – YES
  • Invoice Processing – YES
  • Requisition Management – YES
  • RFPs / RFQs – YES
  • One contract, one bill – YES
  • Premium Support – YES
  • Web-based – YES

Cons:

  • Auction Management – NO
  • Inventory Management – NO
  • Punchout
  • At the moment, works only in the Eastern Europe

Website:  http://topes.eu


 

Results

Topes is now focused on the Eastern Europe market. Procurify is focused on the Canadian market and has the largest number of customers there. Coupa is located in California and focused on the US and Europe market.
Services have similar characteristics, they are all cloud web services and focus on companies of any type.
Their business model is different, but the main goal – to reduce the costs of the enterprise, optimize their performance and provide high-quality solution for business.
The main difference, apart from some aspects of functionality, is the location.

So, Procurify and Coupa are more convenient to use in Canada and America, and Topes – now – in Eastern Europe, and soon – throughout Europe.

By Roman Afflek