The top 7 procurement software solutions in 2025 compared

Procurement plays a pivotal role in every organization, shaping everything from operational efficiency to cost management. As businesses grow and supply chain complexities increase, investing in robust procurement automation software becomes essential for maintaining a competitive edge.

According to a Gartner report, 98% of procurement leaders plan to invest in GenAI to streamline procurement workflows, reduce manual errors, and gain real-time visibility into spending.

However, with so many solutions available, choosing the right procurement automation software can be daunting. To make your decision easier, we’ve compiled a list of the top procurement automation software in 2025. To identify these top picks, we evaluated each tool based on its automation capabilities, user experience, integration flexibility, and feedback from platforms like G2.

Below is our in-depth breakdown of why these solutions stand out in the procurement automation space.

1. Ramp

Ramp is a comprehensive financial management platform that provides a wide range of tools designed to help businesses optimize and automate their financial operations. In addition to its well-known corporate cards and expense management capabilities, Ramp also offers powerful procurement software to improve every aspect of the procure-to-pay workflow.

Ramp Procurement is designed to transform purchasing workflows for businesses of all sizes by utilizing an AI-driven platform that reduces inefficiencies from the intake process to final payment. With features like automated 3-way matching, real-time visibility into spending, and seamless integrations with tools such as Slack, Ironclad, and NetSuite, Ramp simplifies procurement operations, minimizes manual tasks, and shortens procurement cycles.

For instance, clients like NPHY shortened their procurement cycles and completed PO approvals 90% faster with the help of Ramp. By consolidating requests, purchase orders, and invoices into one intuitive platform, Ramp helps businesses scale efficiently while avoiding unnecessary overhead.

Thanks to these features, Ramp has achieved a 4.8 out of 5-star rating on G2, based on feedback from over 2,000 users.

Features

• Automated workflows and approvals: Design custom workflows that automatically route requests to the appropriate approvers. Ramp’s AI extracts key details from contracts to pre-fill forms, while Slack and Teams integrations enhance the approval process.
• Actionable insights and savings: Leverage Ramp Intelligence and AI tools to compare vendor quotes, optimize contracts, and identify cost-saving opportunities such as unused software licenses or inactive subscriptions.
• Centralized procurement management: Manage all procurement activities, including requests, discussions, documents, and purchase orders, in a single platform for enhanced collaboration and real-time tracking.
• 3-way matching and audit support: Automate invoice, purchase order, and receipt reconciliation, flag discrepancies, prevent mismatched payments, and maintain audit-ready records with 3-way matching.
• Custom intake forms: Use dynamic intake forms that adapt to previous answers, ensuring all required information is collected at the outset.
• Spend visibility and cost management: Receive proactive alerts for contract renewals, analyze overlapping services, and review detailed spend reports to avoid waste and inefficiencies.
• Seamless integrations: Connect with platforms like NetSuite, QuickBooks, Ironclad, and Okta for smooth data sharing and workflow management.
• Flexible pricing: Ramp offers pricing that fits businesses of all sizes, making it an accessible and cost-efficient procurement and financial management solution.

Ramp Procurement is particularly well-suited for businesses aiming to streamline their procure-to-pay workflows and enhance operational efficiency. However, its integrations are currently focused on widely-used ERPs and accounting software like NetSuite and QuickBooks, which may limit its applicability for industries with complex supply chain requirements or advanced physical goods procurement needs.

Ramp pricing

Ramp’s pricing structure is designed to help businesses save time and reduce costs. Ramp Plus, priced at $15 per user per month, includes advanced procurement features, unlimited corporate cards, accounts payable automation, and more. Ramp's subscription tier is a solid choice for small businesses looking for procurement software that's cost-effective.

For organizations with greater needs, Ramp Enterprise offers custom pricing with advanced capabilities tailored to larger operations.

To learn more about how Ramp's procurement software can streamline your organization's spending process, watch our webinar →

2. Oracle Fusion Cloud Procurement

Oracle Fusion Cloud Procurement is a cloud-based procurement platform designed to automate and optimize sourcing, supplier management, and contract processes. The solution integrates data analytics and collaborative tools to improve decision-making and streamline workflows across direct materials, services, and complex supply chains. With a rating of 4.2 out of 5, customers appreciate the platform’s scalability.

Key features

• Streamlines supplier onboarding, registration, and collaboration through a self-service portal that centralizes supplier profiles,
• Uses AI for supplier recommendations and negotiation summaries.
• Streamlines contract creation and compliance through pre-approved templates and centralized collaboration tools.
• Embeds AI to classify spend data and analyze patterns across categories, geographies, and business units.
• Provides supplier scorecards and risk monitoring tools.
  

Limitations

• User interface: Users say the desktop version of Oracle Procurement Cloud has an outdated UI design with underutilized screen space.
• High cost for small businesses: Customers have reported that the pricing can be prohibitive for smaller companies.
• Usability challenges: Users mention occasional cache issues, slow system responsiveness, and limited analytics.

Oracle pricing

Oracle Procurement Cloud starts at $625 per user per month but may vary depending on specific business needs.

3. SAP Ariba

SAP Ariba, out of SAP's large variety of software, is a global e-procurement solution that simplifies procurement processes, enhances compliance, and provides tools for efficient spend management. It is widely used across industries and integrates with ERP systems to support complex, multinational procurement operations. With a rating of 4.1 out of 5 on G2:

Key features

• Digitalizes 28 document types, including purchase orders and payments.
• Onboards catalog content with built-in validation, classification, and enrichment tools.
• Manages multiple inbound invoice channels through a single interface.
• Consumer-grade shopping platform with built-in policy guidance and catalog-based alternatives for non-catalog requests.
• Connects to multiple ERP systems with pre-built integrations, automated upgrades, and transaction monitoring.

Limitations

• Complex implementation and high cost: Users say the platform's implementation is both time-consuming and expensive, making it less accessible for smaller companies.
• Challenging user experience: Customers have reported that the interface is complex and has a steep learning curve.
• Limited customization: Users have noted difficulties with data integration, limited customization options.

SAP Ariba pricing

SAP Ariba pricing is based on direct contact with the team and does not offer specific pricing available for its packages.

4. Precoro

Precoro is a cloud-based procurement and AP automation solution that streamlines purchasing processes and enhances collaboration among requesters, approvers, procurement managers, and accounting teams. It is designed to reduce paperwork, centralize purchasing activites, improve spending visibility, and minimize errors associated with manual processes. With a rating of 4.7 out of 5, users have positive reviews of Precoro’s productivity tools.

Key features

• Enables approval workflows with a scenario builder, document-based approvals, and vendor approval capabilities.
• Automates document creation for purchase orders, invoices, and receipts while providing visibility into procurement operations.
• Centralizes supplier and item management, offering tools for efficient budgeting, expense tracking, and reporting.
• Integrates with QuickBooks, Xero, and more, along with API capabilities that allow users to build custom ERP connections.
• Automates notifications, reminders, and status updates through email or Slack.

Limitations

• Limited customization: Users say Precoro includes preset elements that cannot be modified, such as fixed functionalities in contract management and reporting.
• Gaps in reporting: Customers have reported that the reporting tools lack standardized, customizable templates.
• Technical disruptions: Users mention occasional system disruptions and note the absence of advanced PO functionalities, such as partial payments.

Precoro pricing

Precoro has pricing plans starting at $499 per month. For more advanced packages, they start at $999 per month and also require consultation for its Enterprise solution pricing.

5. Procurify

Procurify is a procurement platform designed to meet the needs of businesses of all sizes. It simplifies spend management with an intuitive interface and integrations with tools like QuickBooks and Amazon Marketplace. With a G2 rating of 4.6 out of 5 stars, Procurify is well-regarded by its users for its ability to streamline procurement processes.

Features

• Automates approval workflows based on parameters such as department, budget, and purchase amount.
• Provides real-time tracking of spending against allocated budgets.
• Supports PunchOut catalogs, enabling users to make purchases directly from supplier websites while adhering to procurement policies.
• Centralizes vendor management by storing contact details, performance data, and contract terms.
• Offers a centralized repository for supplier contracts and renewal management.

Limitations

• Manual updates: Users report that catalog pricing updates require manual processes, such as un-receiving items or performing separate updates.
• Limited order requests: The system may lack the functionality to combine order requests for multiple facilities into a single order.
• Vendor selection: Customers have shared that Procurify does not allow multiple vendors with the same name, requiring manual adjustments.
• Integrations: Integrations with third-party software may be limited, and advanced reporting features may require additional setup.

Procurify pricing

Procurify does not provide publicly available pricing for its packages. Businesses need to contact Procurify’s sales team directly to obtain pricing details.

6. Tipalti

Tipalti is a financial technology company that provides comprehensive solutions for accounts payable, procurement, and global payment automation. Its platform is designed to enhance operational efficiency, deliver greater control over spending, streamline procurement workflows, and mitigate financial and compliance risks. With 4.5 out of 5 stars on G2, Tipalti is appreciated for its suite of fintech services.

Key features

• Allows employees to submit purchase and spend-related requests with intake forms.
• Supplier onboarding with registration forms for inputting contact, financial, and contract details.
• Automatically generates purchase orders once requests are approved, while facilitating GRN matching.
• Utilizes AI to identify and block suspicious payees, monitor abnormal activities, and enhance fraud prevention.
• Extends functionality with pre-built integrations and APIs for ERPs.

Limitations

• Integration limitations: Users say that the separation of procurement and AP modules leads to a lack of cohesiveness, requiring them to be administered separately.
• Vendor onboarding: Customers have reported difficulties onboarding certain vendors, such as those requiring payments via PO Box.
• Restricted setup: Users mention that some procurement features are restrictive in how they can be configured, reducing their overall usefulness.

Tipalti pricing

Tipalti pricing is dependent on how complex your business is. Its Starter package starts at $99 per month, extending to custom pricing for both of its Premium tier and Elite tier.

7. Vendr

Vendr is a procurement management platform focused on streamlining and optimizing Software as a Service (SaaS) purchases. It allows organizations to manage SaaS procurement effectively through tools for negotiation advisory, contract analysis, and comprehensive oversight of SaaS spending. With 4.6 out of 5 star rating, users appreciate Vendr’s benchmarking tools.

Key features

• Provides a single interface for purchase requests and customizable intake forms with conditional logic when submitting requests
• Centralizes procurement approvals through a no-code interface that reduces IT support.
• Simplifies supplier relationship management by collecting and syncing data, along with features for version control, storage, and searchable records.
• Centralizes supplier data, contracts, spend, and other key documents.
• Compares financial system data against contract commitments in the system of record.

Limitations

• Limited customization: Users say Vendr’s procurement process lacks customization options for companies with unique or complex requirements.
• Challenges with vendor interactions: Customers have reported that SaaS salespeople are sometimes unfamiliar with Vendr's role, which can create confusion.
• Product maturity: Users mention that Vendr is still evolving as a product, with gaps in its user interface.

Vendr pricing

Vendr’s pricing plans start with its Premium Intelligence plan, spanning from $25K to $95K per year. For more advanced packages like its Premium Negotiation tier, it ranges from $40K to $140K per year.

How to choose the best procurement automation software

Choosing the right procurement automation software starts with understanding your organization’s needs and the level of automation required. For instance, consider factors like total cost (implementation, training, and maintenance), scalability, integration with existing systems, and security or compliance requirements.

Once you’ve reviewed these factors, make sure the procurement software you’re choosing includes these critical features:

1. Supplier management: A centralized hub for storing and managing supplier information, including contact details, certifications, and performance history, to maintain strong relationships and compliance.
2. Purchase requisition: A streamlined system for creating and approving purchase requests, ensuring faster procurement cycles.
3. Purchase orders: Automation for generating and tracking purchase orders, reducing errors and improving efficiency.
4. Contract management: Tools to store, track, and manage supplier contracts, including key terms, renewal dates, and compliance requirements, ensuring up-to-date agreements.
5. Sourcing and RFx: Support for sourcing activities such as RFIs, RFPs, and RFQs, with tools to evaluate suppliers and make data-driven selections.
6. Compliance and risk management: Tools to ensure adherence to internal policies and industry regulations while mitigating supply chain risks.
7. Supplier performance evaluation: A system to measure supplier KPIs such as on-time delivery, quality, and cost, ensuring standards are consistently met.

By combining thoughtful evaluation with a focus on essential features, you can select a procurement automation solution that drives efficiency, minimizes risks, and supports your organization’s long-term growth.

Save time and money with Ramp Procurement

Ramp Procurement simplifies the entire procure-to-pay process by automating repetitive tasks and centralizing procurement, bill pay, and vendor management in one streamlined platform. With real-time expense visibility and control, businesses can make quicker, more informed decisions while eliminating inefficiencies.

Ramp also helps drive cost savings with its price intelligence tools and actionable insights, ensuring vendors are never overpaid. Customizable workflows allow teams to enforce compliance by integrating policies directly into the procurement process, while tailored spend controls help employees stay within budget without requiring constant oversight.

Curious about the impact? Ramp leveraged its own software to save $350K in vendor costs and reduce monthly review times by over six hours. Clients like Precision Neuroscience have cut purchase order processing times by 50%, reduced month-end close to just 1-2 days, and combined four platforms into one efficient system.

Ready to see the difference? Ramp Procurement can help streamline your processes, save time, and reduce costs.