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Zip

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Company health

Employee growth
31% increase in the last year
Web traffic
22% decrease in the last quarter
Financing
July 2024 - $371M

Ratings

G2
4.7/5
(72)
Capterra
4.8/5
(30)
Glassdoor
3.8/5
(56)

Zip description

Zip is a cloud-based software platform designed to manage company spending. It provides a central hub for employees to request purchases and vendors. Zip automates the approval process, connecting with existing finance and procurement tools. The goal is to give businesses better spending visibility, reduce costs, and improve efficiency in procurement processes. Zip caters to companies of all sizes.


What companies are using Zip?

Sprouts Farmers Market is using Zip
Sprouts Farmers Market
Reddit is using Zip
Reddit
Northwestern Mutual is using Zip
Northwestern Mutual
Coinbase is using Zip
Coinbase
Snowflake is using Zip
Snowflake
Lyft is using Zip
Lyft
Anthropic is using Zip
Anthropic
Prudential UK is using Zip
Prudential UK
Canva is using Zip
Canva
Instacart is using Zip
Instacart
Zapier is used by Sprouts Farmers Market, Reddit, Northwestern Mutual, Coinbase, Snowflake, Lyft, Anthropic, Prudential UK, Canva, Instacart.

Who is Zip best for

Zip is a cloud-based spend management platform that streamlines procurement and vendor management. Users praise its intuitive interface, visual workflows, and integrations with Slack, DocuSign, and Netsuite. Some users mention limited reporting features and room for improvement in platform integrations.

  • Best fit for medium and enterprise businesses.

  • Ideal for Finance, IT, Marketing, and Advertising industries.


Zip features

Type in the name of the feature or in your own words tell us what you need
Supported

Zip allows creation and management of approval workflows for purchase requests, featuring automated routing and customization.

Supported

Zip integrates with accounting systems to ensure data consistency and streamline workflows.

Supported

Zip automates purchase orders, helping reduce manual effort and errors.

Supported

Zip unifies spend management with procurement, expenses, and financial systems, offering real-time visibility.

Supported

Zip automates purchase orders, tracks supplier performance, and integrates with inventory management tools.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Customer Service

Rather positive
+0.33

Ease of Use

Strongly positive
+1

Ease of Implementation

Strongly positive
+1

Zip reviews

We've summarised 82 Zip reviews (Zip Capterra reviews and Zip G2 reviews) and summarised the main points below.

Pros of Zip
  • User-friendly and intuitive interface praised for its simplicity and customization options.
  • Visual workflow representation and ease of workflow modification are highly appreciated.
  • Seamless integration with Slack, DocuSign and Netsuite are major advantages.
  • Fast implementation process and responsive customer support contribute to a positive experience.
  • Improved visibility and control over spending across the organization.
Cons of Zip
  • Limited reporting functionality, particularly for tracking maintenance renewals and pre-setting report conditions.
  • Integration with platforms, especially non-US markets and Sage Intacct, needs improvement.
  • Occasional bugs and slow loading times experienced.
  • Duplication of information needed in some areas like spend details.
  • Limited functionality for vendor compliance onboarding and advanced features like sourcing events.

Zip alternatives

  • Logo of Coupa
    Coupa
    Wider industry applicability. Has more momentum in terms of website traffic growth but slower employee growth. More user reviews available. Coupa is a Zip competitor and alternative.
    Read more
  • Logo of SAP Ariba
    SAP Ariba
    Better suited for larger enterprises. More complex implementation. Steeper learning curve. Less user-friendly interface. API connectivity is expensive. Negative customer service reviews. A strong SAP Ariba competitor and alternative.
    Read more
  • Logo of Basware
    Basware
    Better suited for larger enterprises with global operations or complex needs. Focuses on compliance and data insights for smarter purchasing decisions. Website traffic is growing faster. Higher average rating.
    Read more
  • Logo of Ivalua
    Ivalua
    Better suited for larger enterprises. Has stronger reporting and spend analysis features but has frequent performance issues. Grows faster than Zip regarding website traffic.
    Read more
  • Logo of ORO Labs
    ORO Labs
    Better suited for mid-size and large companies. Has stronger momentum. More focused on healthcare and life sciences. Higher rated by users.
    Read more
  • Logo of Jaggaer
    Jaggaer
    Better fit for medium and large enterprises. Caters to a wider range of industries, including Retail, Consumer Goods, Manufacturing, and Automotive. Has more momentum in terms of website traffic growth.
    Read more

Zip FAQ

  • What is Zip and what does Zip do?

    Zip is a cloud-based spend management platform that streamlines procurement and vendor management. It automates approvals, integrates with finance tools, and provides real-time spending visibility for businesses of all sizes, improving efficiency and cost control. It features user-friendly interface and seamless integrations with popular platforms like Slack and Netsuite.

  • How does Zip integrate with other tools?

    Zip integrates with existing finance and procurement tools, including Slack, DocuSign, and Netsuite. It connects with accounting systems for data consistency and streamlines workflows through these integrations. However, users desire improved integrations, especially with non-US market platforms and Sage Intacct.

  • What the main competitors of Zip?

    Zip's main competitors include Coupa, Precoro, SAP Concur, and Corpay One. These platforms offer similar functionalities such as spend management, procurement automation, and expense tracking. They cater to businesses seeking improved visibility and control over their financial processes.

  • Is Zip legit?

    Zip is a legitimate software platform for managing company spending. User reviews praise its user-friendly interface, visual workflows, and integrations. While some users mention limited reporting features and occasional bugs, Zip offers improved spending visibility and control, making it a safe and viable option for businesses.

  • How much does Zip cost?

    I couldn't find pricing details for Zip. For the most current pricing information, it's best to check their official website or contact their sales team. Is Zip worth the cost will depend on your specific business needs and budget.

  • Is Zip customer service good?

    Zip's customer service receives positive feedback. Users highlight the rapid response times and helpful assistance from their customer success managers, particularly during implementation and customization. They also appreciate the team's receptiveness to feedback and proactive implementation of requested features.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

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.