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Best Procure-to-Pay (P2P) software solutions in Spring 2022

Apr 2022

Best Procure-to-Pay (P2P) software solutions in Spring 2022

G2 has revealed its top procure-to-pay software solutions for Spring 2022. And guess what, we’re on the list!

The G2 reports cover P2P software for both business and enterprise-level users – looking at known names with high market penetration, plus newcomers making waves in the P2P software market.

We know how important easy implementation, intuitive functionality, and top-notch customer support are to P2P professionals – so we’ve put our own spin on things.

Here’s our take on the best procure-to-pay software solutions for 2022.

Five best procure-to-pay software solutions for 2022

G2 Ranking Criteria

 

Planergy

4.9 out of 5 (34 reviews) 

Planergy is a SaaS-based spend management system that gives businesses more control over their financial operations. It covers procurement, vendor management, and accounts payable. Clients include big-name brands like Hilton Hotels, Toshiba, and Kantar Media.

It’s top of our list because it ranks as a High Performer in G2’s P2P scoring grid, has good relationship scores, and great customer reviews.

Planergy comes 5th in G2’s P2P relationship index, which ranks solutions by ease of business, likelihood to recommend, and quality of support. It ranks above average for each measure and 98% of customers would recommend them.

Good for: Midsized to large businesses looking for a great vendor relationship



Precoro

4.8 out of 5 (93 reviews) 

Precoro is a procurement and spend management software solution, which helps organizations eliminate manual workflow associated with purchasing and approvals. Precoro pitches itself at small to midsized businesses and clients include Canva, JYSK and BeumerGroup.

We’ve rated it because it ranks as a High Performer in G2’s P2P scoring grid, has good implementation scores, and great customer reviews.

Precoro comes first in G2’s P2P implementation index, which ranks solutions by ease of setup, implementation time and user adoption. It boasts above-average scores for each measure, including 98% for quality of support.

Good for: Small to midsized businesses looking for ease of implementation and use



MHC Software 

4.7 out of 5 (57 reviews) 

MHC is enterprise automation software to help digitize and automate business functions including accounts payable, supply chain, payroll and more.

It’s in our list because it ranks as a High Performer in both G2’s P2P scoring grid and Enterprise P2P scoring grid has good relationship scores, and great customer reviews.

MHC Software ranks second in G2’s P2P relationship index, which ranks solutions by the ease of business, likelihood to recommend and quality of support. It has above-average scores on each measure including a near-perfect 99% for quality of support.

Good for: Larger businesses/enterprises looking for a great vendor relationship



Xelix

4.7 out of 5 (23 reviews) 

Xelix is the world’s first Accounts Payable Control Centre. It seamlessly connects with all ERP systems to defend against overpayment errors and fraud, as well as automating manual processes like supplier statement reconciliation. Clients include JCB, McBride and Wilko.

Xelix is part of this list because it ranks as a High Performer in BOTH G2’s P2P scoring grid and Enterprise P2P scoring grid. And has good scores for both implementation AND relationship. And has great customer reviews.

Xelix ranks second in G2’s P2P implementation index, which ranks solutions by ease of setup, implementation time, and user adoption.

It also ranks third in G2’s P2P relationship index, which ranks solutions by ease of business, likelihood to recommend, and quality of support. Xelix ranks above average on every measure, with 98% of clients saying we’re easy to do business with, 93% happy to recommend us, and 97% rating the quality of our support. We’re blushing!

It’s no wonder we’ve also won a coveted ‘Users Love Us’ badge. Plus badges for ‘easiest admin’ and ‘easiest to do business with’.

Good for: Large businesses looking for advanced functionality, ease of implementation and great customer service


SAP Ariba

3.9 out of 5 (315 reviews) 

SAP Ariba is a cloud-based solution for collaborative spend, finance, and sales management – targeted at large to midsize companies.

It’s earned its place in our rundown thanks to being classed as a Leader in G2’s Enterprise P2P scoring grid. This is thanks – partly – to a strong market presence. However, other solutions beat SAP Ariba on satisfaction, including PRM360 and Xelix.

SAP Ariba comes 4th in G2’s P2P implementation index, which ranks solutions by ease of setup, implementation time, and user adoption.

But it has below-average scores in G2’s P2P relationship index, which ranks solutions by ease of business, likelihood to recommend, and quality of support.

Good for: Midsized to large businesses looking for an established product that offers ease of implementation and use


 

So there you have it. Our five top P2P software picks – based on the ever-helpful data provided by G2 –  with a focus on great relationships and easy implementation.

If you’d like to experience Xelix for yourself, we offer a free Proof of Concept on your data – with many of our customers finding six-figure savings as part of the process, contact us today! 

 

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