# Spend management software ## Complete spend control, simplified. The only platform that gives you total control over every dollar and decision before money goes out the door. ### 27 hrs saved on monthly expense tracking --- ### $55K monthly rogue spend eliminated --- ### 278% hard ROI, plus time savings --- ## Best-in-class spend management software ## What sets Order.co apart from other spend management solutions With Order.co, sourcing, purchasing, tracking, and payments all happen in one seamless, automated workflow. ### Control spend before it’s too late Move control upstream with pre-purchase approvals and limit ordering to approved vendors and products so nothing slips through the cracks. ### Approve purchases with confidence Make faster, more informed decisions with AI recommendations that highlight when an order looks typical and flag unusual purchasing activity. ### Take the risk out of every payment Secure every catalog transaction with vendor-locked cards and upfront payments. Order.co pays your vendors directly, taking on the credit exposure for you. ### Unlock 5-10% hard dollar savings Uncover smarter ways to spend with AI-driven insights on savings opportunities and sourcing from lower-cost, reliable suppliers. ### Track spend from the moment it happens With all purchases starting in Order.co, and no outside spend or surprise reimbursements, gain full, real-time visibility into your budget and spend. ## Real-time insight ### “We can just filter through and see exactly what's been spent. The budgeting has helped give immediate insight instead of waiting for a report at the end of the month.” **Heather Hancock**, Financial Analyst [Read Heather's story](https://www.order.co/customer-success-stories/removery/) ### “Order.co has allowed us to essentially eliminate all unapproved spending, which had gotten as high as $50k per month.” **Stefanie Teintze**, Facilities & Property Management Specialist [Read Stefanie's story](https://www.order.co/customer-success-stories/corepower-yoga/) ### “If someone is overspending their limit, I can see exactly what they spent the money on. I can track down issues and get reports to help with forecasting and making budgets. It’s a breeze.” **Mia Busch**, Operations Assistant [Read Mia's story](https://www.order.co/customer-success-stories/miniso/) ### “This feature helps reduce coding errors, improves month-end close accuracy, and saves hours that might otherwise be spent resolving discrepancies.” **Molly Colbey**, Accounting Specialist [Read Molly's story](https://www.order.co/customer-success-stories/first-learning/) ### “Order.co gives us clear insight into spending patterns, which helps us identify opportunities to optimize better pricing with our suppliers.” **Maria C Jimenez**, Sourcing Manager [Read Maria's story](https://www.order.co/customer-success-stories/pacaso/) - Real-time insight - Financial control - Budgeting & forecasting - Automated GL coding - Spend analysis ## What are the benefits of using spend management software? The benefits of using spend management software include real-time visibility into company spend, reduced procurement costs and manual errors, and improved operational efficiency through automated purchasing and approval workflows. Software helps you optimize resource allocation, identify patterns of waste, and improve profitability. Real-time insights support informed decision-making and budget control with customizable spending rules and restrictions. Automated approvals reduce manual data entry and enforce policies to prevent unauthorized purchases. The software also centralizes corporate cards, vendor payments, and reconciliation for comprehensive financial oversight. ## What are the key features of spend management software? Key features of spend management software include comprehensive spend visibility across teams and vendors, quick and accurate payment processing via accounting integrations, and built-in policy enforcement through pre-configured automatic approval workflows. Beyond these essentials, modern spend management platforms offer smart spend controls, real-time reporting, and actionable insights to identify savings opportunities and support smarter decision-making. They also provide categorized expense tracking, mobile access for on-the-go management, and integration with systems like QuickBooks or NetSuite for a complete view of organizational spending. ## How does spend management software improve financial visibility? Spend management software improves financial visibility by providing leaders with a clear, real-time view of budgets, cash flow, and transaction trends. It lets you track spend by user, supplier, or location to identify waste, savings opportunities, and vendor consolidation possibilities. This transparency reduces overspending, enables accurate forecasting, and empowers data-driven financial decisions across the organization. You always know where every dollar is going and how it aligns with your strategic goals. ## How does spend management software automate approval workflows? Spend management software automates approval workflows by routing purchase requests to the right approvers based on user, location, cost center, vendor, or order amount. Notifications, mobile approvals, and exception escalations eliminate bottlenecks and keep transactions moving quickly. This ensures every purchase follows the proper process, speeds approval times from days to hours, and allows buyers to get what they need while managers maintain budget control and policy compliance. ## You can’t control what you can’t see. Gain 100% visibility in your business spend with Order.co. [Schedule a demo](https://get.order.co/schedule-demo/)