![]() ![]() Meanwhile, the spend-tracking graphing tool plots actual spending against committed spending, and the expenses management feature consolidates and controls purchases made with credit cards in part to facilitate team expense claim requests.įrom within Procurify’s cloud dashboard and mobile app, admins can limit the visibility of budgets and set approval thresholds on a per-project and per-person basis, and they can manage and pay vendors and track those vendors’ performance to see if items were received when and in the condition promised. Procurify’s purchasing workflows enable managers to address item requests and purchasing and receiving, and to match invoices to orders for payments as they come due. That’s the tip of the proverbial iceberg. It supports custom user, department, and location approval structures with notifications support and real-time budget forecasting, and its tracking and reporting tools provide visibility into purchase history by integrating with existing accounting suites like QuickBooks, Oracle’s NetSuite, and Amazon Business PunchOut. Procurify’s cloud-based, AWS-hosted sofware-as-a-service (SaaS) offering, which was built with Django, enables corporate customers to manage organizational purchasing and procurement with features like digital purchase order submission, accounts payable automation, and more. In 2012, the company graduated from GrowLab and went on to raise $4.2 million in seed capital and close a $7 million series A, and to expand the core team from five people to over 90. Procurify joined Vancouver-based tech accelerator GrowLab’s boot camp in 2012, a few months after Mann and fellow BCIT School of Business alumni Eugene Dong and Kenneth Loi drafted the business plan for a class project. ![]()
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