Capterra Value Report: A Price Comparison Guide for Procurement Software

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By Himanshi Arora

Published
7 min read

Compare pricing for the top procurement software products with the highest value-for-money and functionality ratings.

We hear from software buyers time and again that two of their top considerations when investing in a new procurement solution are price and functionality. Budget is a constraint for most businesses, but affordability alone doesn't make a product valuable—it must also offer the functionality you need.

In this report, we've ranked the most valuable procurement software products based on user reviews: those with the highest marks for both functionality and value for money. We also break down the starting cost and relevant pricing details for each product.

Top procurement software rated on value for money and functionality

The graphic below shows procurement products that have the highest value-for-money and functionality ratings based on user reviews in Capterra's software directory. Products are arranged in increasing order of their value-for-money rating (bottom to top) and functionality rating (left to right).

word-image-91031-1

Note: While products in the top-right zone of the graph rank higher in terms of both the functionality and the value-for-money rating, all products in this graph are top rated.

Price comparison for top-rated procurement software

Comparing pricing and features for multiple software solutions can prove to be a difficult task. We have created a table to highlight how different procurement software products stack up against each other in terms of starting pricing, free trials, and free versions, allowing you to compare these products all in one place.

Price comparison table for the blog article "Capterra Value Report: A Price Comparison Guide for Procurement Software"

The products in the above table are taken from the scatter plot (for which the pricing information is available publicly). These products are arranged in alphabetical order, and the pricing included in this table is for the entry-level/lowest-priced offering (discounted pricing not considered) found on vendor websites as of August 17, 2022. The cost of these procurement software products may vary based on the number of users, features, or other factors.

1. Digital Purchase Order

Trial/Free Version

  • Free Trial
  • Free Version

Value-for-money rating

4.5

Functionality rating

4.5

Device compatibility

Screenshots

Digital Purchase Order

Purchase order processing in Digital Purchase Order

* Analysis accurate as of date of publication

Digital Purchase Order is a cloud-based solution that allows businesses to create order requests, track the entire purchase history of products, and approve expenditures. It provides a mobile application that helps professionals add comments or attachments to orders, receive messages after approval, and export files such as order history and purchase order records in CSV format, even from remote locations.

Starting price: Starts at $19 per month, billed monthly. Supports up to three users.

Features available at a higher price: Advanced versions offer a custom number of users, online and phone support, and individual admin setup support.

2. Dynamics 365

Trial/Free Version

  • Free Trial
  • Free Version

Value-for-money rating

4.3

Functionality rating

4.5

Device compatibility

Screenshots

Dynamics 365

Finance and operations reports in Dynamics 365

* Analysis accurate as of date of publication

Dynamics 365 is a cloud-based enterprise resource planning (ERP) software solution that caters to midsize organizations. It helps them streamline their procurement process as well as business processes related to manufacturing, distribution, and retail. The solution allows interface customization for users to manage sales orders and purchase requisitions, implement automated workflows, keep track of inventory, and view in-depth data analytics. Customization allows users to see what they want on a single screen.

Starting price: Starts at $180 per user, per month, billed annually, and $30 per month for every subsequent app per user.

Features available at a higher price: All features are available in all the plans. Guides and intelligent order management modules are available separately at an additional cost.

3. Market Dojo

Trial/Free Version

  • Free Trial
  • Free Version

Value-for-money rating

4.7

Functionality rating

4.6

Device compatibility

Screenshots

Market Dojo

Quick Quotes flow diagram in Market Dojo

* Analysis accurate as of date of publication

Market Dojo is a cloud-based strategic sourcing and supply chain management solution. It offers features such as event management, auction planning, user management, reporting, and white labeling. It includes a user management feature that helps segregate users on the basis of event category, team, and stakeholder level.

Starting price: Starts at $645 per user, per month, billed annually. One annual license for Sourcing Dojo is included.

Features available at a higher price: Additional modules are present at separate costs, such as Quick Quotes, SIM Dojo, and Innovation Dojo.

4. Marketman

Trial/Free Version

  • Free Trial
  • Free Version

Value-for-money rating

4.7

Functionality rating

4.6

Device compatibility

Screenshots

Marketman

Dashboard in Marketman

* Analysis accurate as of date of publication

Marketman is a cloud-based restaurant inventory management software. It caters to small to large-sized restaurants enabling them to carry out procurement, food delivery tracking, and accounting. Its key features include menu planning, budgeting, supplier management, and system-suggested ordering. It allows managers to set up vendor profiles, create item catalogs, consolidate purchase orders, and fulfill purchase requisitions.

Starting price: Starts at $127 per location, per month. It includes up to 20 invoice scans per month.

Features available at a higher price: Advanced versions offer advanced profitability reporting, actual vs. theoretical reporting, vendor integrations, and 300 invoice scans per month.

5. Odoo

Trial/Free Version

  • Free Trial
  • Free Version

Value-for-money rating

3.4

Functionality rating

3.7

Device compatibility

* Analysis accurate as of date of publication

Odoo is a cloud-based point of sale (POS) solution that enables businesses to automate purchasing processes, maintain supplier price lists and product availability, negotiate with vendors for purchase tenders, view purchase statistics, and manage invoicing and accounting.

Starting price: Starts at $8 per user per month, billed annually, considering the invoicing and purchasing plans combined.

Features available at a higher price: Additional apps are available at additional costs, such as inventory, point of sale, expenses, CRM, and accounting applications.

6. Pipefy

Trial/Free Version

  • Free Trial
  • Free Version

Value-for-money rating

4.2

Functionality rating

4.4

Device compatibility

Screenshots

Pipefy

Collaboration in Pipefy

* Analysis accurate as of date of publication

Pipefy is a no-code workflow management solution that enables companies to carry out purchasing, onboarding, and recruiting. It enables managers to create and maintain a single communication flow with all the stakeholders. It allows businesses to automate tasks of their finance business process, such as sending out purchase orders and updating payment status.

Starting price: Starts at $19 per user, per month, billed annually. Includes up to 100 guest users and 20GB of storage.

Features available at a higher price: Advanced versions offer unlimited storage and guest users.

7. Precoro

Trial/Free Version

  • Free Trial
  • Free Version

Value-for-money rating

4.7

Functionality rating

4.4

Device compatibility

Screenshots

Precoro

Dashboard in Precoro

* Analysis accurate as of date of publication

Precoro is a purchasing software solution that caters to small and midsize businesses and helps them streamline procurement processes. It offers features such as purchase order creation and delivery, blanket PO creation, three-way matching, billing, real-time budgeting, visual analytics, and catalog management. It enables users to create purchase requests, set automated approval routing, and receive purchase orders.

Starting price: Starts at $35 per user, per month, billed annually. Up to 20 users included.

Features available at a higher price: All features are offered in all the plans.

8. QuickBooks Commerce

Trial/Free Version

  • Free Trial
  • Free Version

Value-for-money rating

4.6

Functionality rating

4.6

Device compatibility

Screenshots

QuickBooks eCommerce

Sales order in QuickBooks Commerce

* Analysis accurate as of date of publication

QuickBooks Commerce is an inventory and order management solution that enables you to manage inventory and orders for your multichannel business. The software includes features such as detailed reports, customer insights, and forecasts to track and predict business performance. Users can create purchase orders, backorders, and adjustments, conduct stocktakes, and easily track pack sizes, batches, and expiry dates.

Starting price: Starts at $30 per user, per month, billed monthly.

Features available at a higher price: Advanced versions include more than five users, on-demand training, and a dedicated account team.

9. ShippingEasy

Trial/Free Version

  • Free Trial
  • Free Version

Value-for-money rating

4.5

Functionality rating

4.6

Device compatibility

Screenshots

ShippingEasy

Dashboard in ShippingEasy

* Analysis accurate as of date of publication

ShippingEasy is a cloud-based inventory and shipping management solution that caters to small and midsize businesses. It offers features such as order management, integration with multiple seller channels, label customization, rate comparison, and returns management.

Starting price: Starts at $29 per user, per month, billed monthly. Includes up to 500 shipments per month.

Features available at a higher price: Advanced versions offer support for unlimited users, workstations, and printers at no additional cost and custom configurations from a shipping expert.

10. Tipalti

Trial/Free Version

  • Free Trial
  • Free Version

Value-for-money rating

4.6

Functionality rating

4.5

Device compatibility

Screenshots

Tipalti

Purchase view in Tipalti

* Analysis accurate as of date of publication

Tipalti is a cloud-based procurement platform designed for businesses to help them streamline global multi-subsidiary purchasing and improve control over company spending. The software helps finance and procurement teams to capture purchase requests, streamline approvals, generate purchase orders, organize vendor information, and access spend data in real time.

Starting price: Starts at $149 per user, per month, billed monthly.

Features available at a higher price: Advanced versions offer capabilities to manage W-8 tax forms, international tax IDs, or multi-entity payables.

If you want to explore more procurement tools, please visit our procurement category page.

How did we choose these products? We didn’t—you did

To find your ideal software match, you need information you can trust so you can save time, stay on budget, and focus more energy on growing your business. It’s why we vet and verify all our user reviews and recommend only the tools endorsed by people like you.

In other words, our product recommendations are never bought or sold, or based on the opinion of a single individual—they’re chosen by your peers, reflecting the views and experiences of our independent base of software reviewers.


​​At Capterra, we objectively select and rank products based on a methodology developed by our research team. Some vendors pay us when they receive web traffic, but this has no influence on our methodology.


To be considered for this list, products have to:

  1. Have at least 20 unique product reviews published on Capterra within the past two years, as of August 17, 2022.

  2. Meet our definition of procurement software to be considered as a market fit: “Procurement software helps automate the purchasing process and manage all activities related to an organization's expenditures. The software automates the process of resource acquisition and supplier relationship management. Employees can easily create purchase orders subject to review and approval by managers. The software offers a broad range of tools for tracking, analysis, and reporting on business process efficiency.”

  3. Of the products that met the above criteria, the 21 with the highest functionality and value-for-money ratings were mapped on a scatter plot.

  4. From these 21 products, only those with publicly available pricing information on the vendor website were included in the price comparison table. Therefore, the price comparison table is a subset of the scatter plot.

Note: The pricing included in the price comparison table is for the base product plan found on vendor websites as of August 17, 2022. This data may have changed since publication and may not reflect current conditions.

Disclaimer: The Capterra value report highlights the most reviewed products based on value for money and functionality ratings from end users. This data may have changed since publication and may not reflect current conditions.


Looking for Procurement software? Check out Capterra's list of the best Procurement software solutions.

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About the Author

Himanshi Arora profile picture

Himanshi Arora is a Market Research Specialist at Capterra. She provides market insights and helps small businesses identify the right software for their needs by contributing to branded research reports such as Shortlist, Category Leaders, and FrontRunners. She enjoys exploring local restaurants and watching thrillers and sitcoms at her home base in Delhi.

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