The Howdy Glossary

SpendMap is a procurement and accounts payable software that automates various aspects of the purchasing process, including requisitions, purchase orders, request for quotes (RFQ), approvals workflows, receipt of goods or services, and invoice matching. It is designed to enhance spending visibility, monitor budgets against actual spending, and reduce costs. The software also offers reporting features that enable managers to analyze historical data trends to make informed future purchasing decisions.

Created by Striven Software, SpendMap focuses on streamlining purchasing processes and improving cost control across organizations of different sizes and industries. The platform provides tools tailored to manage procurement efficiently—covering everything from requisitions to invoice matching—while enhancing budget tracking capabilities. Additionally, its reporting functionalities support data-driven decision-making by offering insights into historical spending patterns.

SpendMap stands out in the competitive market through its user-friendly interface which simplifies adoption without extensive training requirements. It offers an affordable solution particularly suitable for small to medium-sized businesses with budget constraints while providing features like customization and scalability that meet diverse industry needs. These attributes combined with robust reporting capabilities make SpendMap a strong competitor in the procurement software space among other notable players such as Coupa, SAP Ariba, Oracle Procurement Cloud, Procurify, and Jaggaer.