Payhawk and Procurify offer distinct approaches to spend management. Payhawk excels in managing company spending through cards and expense tracking, ideal for businesses with global operations. Procurify is better suited for organizations focused on controlling purchasing workflows and budget adherence, particularly valuable for non-profits and similar entities.
At Gralio.ai we help to simplify your decision-making process by offering detailed, side-by-side
software comparisons like this one, to help you confidently choose the tool that aligns with your
business goals.
This comparison was created by analysing 706 reviews and 60
websites, saving 4 hours, 25 minutes of reading.
Payhawk is an all-in-one financial platform designed for mid-sized to large companies. It helps you manage company spending with features like company cards, expense tracking, bill payments, and accounting integrations. Payhawk allows you to oversee all company spending in one system, automate tedious financial tasks, and simplify month-end reporting. It is a global solution with support for multiple currencies and countries.
Procurify is a cloud-based software platform designed to help mid-sized companies control spending and save money. It offers a suite of tools to manage the entire purchasing process, from requisition to payment, all in one place. This helps eliminate wasteful spending, reduce manual errors, and free up employees' time. Procurify is known for its ease of use, quick setup, and dedicated customer support. With real-time data and reporting, it provides valuable insights into company spending habits, empowering better financial decisions.
Summary
Main difference
Payhawk is a comprehensive spend management platform specializing in company cards, expense tracking, and global transactions. Procurify focuses on streamlining the purchasing process from requisition to payment, emphasizing spend control and budget management.
Relative strengths of Payhawk (compared to Procurify)
Stronger focus on company cards and expense management, including features like Apple Pay integration and mobile receipt uploads.
Global capabilities with multi-currency and multi-country support.
Superior customer service based on user reviews.
Relative weaknesses of Payhawk (compared to Procurify)
Less emphasis on purchase order management and the procurement process.
Limited reporting capabilities compared to Procurify.
Pricing transparency is a concern based on user feedback.
Payhawk is an all-in-one financial platform ideal for mid-sized to large companies. Users love its ease of use and excellent customer service. It simplifies expense tracking, bill payments, and accounting integrations, offering a centralized system for managing company spending. However, some users have reported limited functionality for USD payments and integration issues. Payhawk receives high ratings (4.5/5 on G2) and offers features like mobile app support, Apple Pay, and receipt uploading.
Procurify is a user-friendly cloud-based purchasing software designed for mid-sized organizations, especially non-profits and educational institutions. Users praise its streamlined purchasing process and easy-to-use interface. However, some have noted limitations in reporting and order modification capabilities. Procurify helps control spending, manage budgets, and eliminate manual purchase orders, making it a valuable tool for organizations seeking greater financial control.
Best for mid-sized to large companies needing streamlined expense management and reporting.
Suitable for most industries, including Healthcare, Finance, E-commerce, and more.
Best for mid-sized companies, especially non-profits and organizations like schools and churches.
Ideal for Healthcare, Finance, Retail, Education, Consumer Goods, Software/IT, Non-profit, and Government.
Payhawk and Procurify features
Supported
Partially supported
Not supported
Type in the name of the feature or in your own words tell us what you need
Invoice and Bill Processing
Supported
Payhawk centralizes invoice and bill payments on a single platform, automating data entry and payment processing.
Supported
Procurify centralizes invoices and bill payments on a single platform, streamlining processing with AI and automation.
Contract Management with Renewal Alerts
Not supported
Payhawk does not appear to support contract management with renewal alerts.
Supported
Procurify supports contract management, including renewal alerts, within its platform.
Procurement Analytics
Partially supported
Payhawk offers reporting and exporting purchase orders for analysis, but real-time analytics are not explicitly mentioned.
Supported
Procurify offers real-time spend tracking and custom reports for data-driven decisions.
Receipt uploading
Supported
Payhawk allows uploading receipts via their web portal, mobile app and email.
Supported
Procurify allows uploading receipts for expense reports via their web and mobile apps.
Apple Pay support
Supported
Users can add both virtual and physical Payhawk cards to Apple Wallet for payments.
Supported
Procurify enables using its spending cards with Apple Pay via its mobile app.
Mobile app support
Supported
Payhawk offers a mobile app for managing expenses, tracking cards and automating expense reports.
Supported
Procurify offers a dedicated mobile app for expense management.
Streamlined purchasing process and elimination of manual purchase orders
Effective approval process with immediate notifications
Catalog feature for easy repeat purchases and inventory management
Users dislike
Limited functionality for USD payments
Some issues with our ERP integration
Missing functionality in Australia
The payments are done easily needs a security barrier
Limited reporting functions to understand the budgeted versus purchased items
Inability to add items to an existing order, requiring cancellation and creating multiple orders
Lack of automatic posting to higher department budget numbers
Supervisor does not have visibility into department level purchases
Payhawk and Procurify Ratings
G2
4.5/5
(301)
Capterra
4.5/5
(116)
TrustPilot
4.6/5
(36)
G2
4.6/5
(257)
TrustPilot
3.0/5
(13)
Glassdoor
4.2/5
(89)
Company health
Employee growth
No data
5% decrease in the last year
Web traffic
No data
23% increase in the last quarter
Financing
No data
July 2024 - $102M
How do Payhawk's global capabilities compare to Procurify's for international businesses?
Payhawk is explicitly mentioned as a global solution supporting multiple currencies and countries. While Procurify doesn't highlight global capabilities in its description, it's likely usable internationally depending on specific features like currency and tax support. For businesses with substantial international operations, it's crucial to confirm Procurify's specific international features and limitations before making a decision. Payhawk, with its stated global focus, may be better suited for businesses with complex international needs.
Which product better streamlines the purchasing process versus managing company cards and expenses?
Procurify better streamlines the purchasing process. While Payhawk focuses on managing company cards and expenses, Procurify specifically offers tools to manage the entire purchasing process from requisition to payment. Features like online ordering, document management, and invoice processing are all geared towards streamlining purchasing.
What are the advantages of Payhawk?
Payhawk offers a comprehensive suite of financial tools including company cards, expense tracking, and bill payments, all within a single platform. It also supports multiple currencies and countries, making it a good choice for international businesses. Furthermore, users praise Payhawk's ease of use and excellent customer service.
What are the disadvantages of Payhawk?
Payhawk has some limitations regarding USD payments and integrations with certain ERP systems. Some users have also reported issues with the platform's functionality in Australia and have expressed concerns about security measures related to payments. While Payhawk receives positive reviews overall, these specific issues could be disadvantages for certain businesses.
Yokoy is an AI-powered software platform designed to simplify and automate how businesses manage expenses, invoices, and payments. It combines expense reports, corporate card management, and invoice processing into one system. Yokoy helps companies enforce spending policies, reduce manual work through automation, and provides data-driven insights into spending habits. This makes financial operations more efficient and gives greater control over company finances. Yokoy is suited for mid-sized to large companies across various industries and integrates with existing financial software.
Airbase is a spend management platform designed for mid-sized businesses. It combines expense management, accounts payable automation, and corporate cards in one platform. Airbase helps businesses track spending, automate approvals, and simplify accounting processes, from purchase requests to reconciliation. Airbase integrates with popular accounting software and aims to improve financial control and compliance.
Spendbase helps mid-sized businesses save money on their software subscriptions. Their platform provides a centralized view of all your software spending, helps you identify potential savings through discounts and unused licenses, and streamlines the procurement process. Spendbase also offers tools to manage renewals and ensure you're getting the best possible rates from vendors. They promise significant savings on your software costs and offer a free trial to demonstrate their value.
Coupa is a cloud-based software platform that helps businesses of all sizes manage their spending. It brings together all your spending information, from sourcing and purchasing to invoices and expenses, in one place. This gives you greater control and visibility, helping you save money, improve efficiency, and make smarter decisions. Coupa integrates with other systems like your ERP, and offers tools for managing vendors, automating tasks, and analyzing spending patterns.
TravelPerk is an all-in-one platform designed to simplify business travel management for companies of all sizes. It allows you to book flights, hotels, and rental cars, manage travel policies, track expenses, and get real-time trip updates all in one place. TravelPerk aims to save money for your company through its wide range of travel options and competitive pricing. It integrates with other software and offers 24/7 customer support to ensure a smooth and efficient travel experience for both managers and employees.
Sastrify helps mid-sized companies manage their software subscriptions. It helps you identify and eliminate unused software, negotiate better prices on renewals, and manage security and compliance. Their expert negotiators help you get the best deals from software vendors, potentially saving your company money. Sastrify offers a centralized platform to track all your software subscriptions and usage, giving you better visibility and control over your software expenses.
Michal has worked at startups for many years and writes about topics relating to software selection and IT
management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs
of any business and find solutions to its problems.
TT
Tymon Terlikiewicz
CTO at Gralio
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech
department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX,
HR, Payroll, Marketing automation and various developer tools.
How are we doing?
Is this information helpful to you? Is there anything we are missing?