Procurement Software
Realtime spend visibility
With real-time transaction data and departmental budgets, get visibility over business-wide spending and reduce maverick spending.
Global payment reach
With connections to SWIFT, UK Faster Payments, and SEPA, make fast, global payments in 140+ currencies.
Compliant transactions
Ensure compliance with procurement policies and reduce the risk of fraud with transaction annotations and receipt upload.
Limit and track spending with ease in-app
-
Employee limits - Keep your procurement teams on budget with customisable spending and transaction limits.
-
Eliminate manual errors - Integrate with accounting software such as Xero and automatically push purchase data to match accounts effortlessly.
-
Dedicated support - Our account management team is on hand to support your business needs.
Unlimited users on all plans
Our mission is to provide a superior method for handling your business finances, and that commitment starts with our fair and clear pricing structure.
Pay monthly
Pay yearly SAVE 17%
£ 300 £250 yearly SAVE 17%
1 - 20 cards
-
Issue up to 20 physical cards
-
Unlimited platform users
-
Up to 50 virtual cards - free
-
Free to use in 21 major currencies
-
£10 per physical card - one-off fee
-
Cash withdrawals - £1.50
£25 monthly
£ 420 £350 yearly SAVE 17%
21 - 50 cards
£35 monthly
-
Issue up to 50 physical cards
-
Unlimited platform users
-
Up to 100 virtual cards - free
-
Free to use in 21 major currencies
-
£10 per physical card - one-off fee
-
Cash withdrawals - £1.50
51+ cards
Custom pricing
-
Issue more than 50 cards
-
Unlimited platform users
-
More than 100 virtual cards
-
Free to use in 21 major currencies
-
Custom issuance fees
-
Cash withdrawals - £1.50
Suitable for most procurement roles
Our procurement platform provides robust analytics and reporting capabilities to oversee and manage spend across the organisation.
Chief Procurement Officer
Advanced spend analysis is needed to track procurement activities and identify cost-saving opportunities.
Head of Procurement
Monitoring and controlling costs against budgets are essential. Our software includes features like budget tracking and approval workflows.
Head of Purchasing
Indirect procurement often deals in diverse categories. Our platform provides strong category management capabilities.
Head of Indirect Procurement
We integrate with accounting software like Xero to make data consolidation easy. We are set to integrate with even more soon!
Head of IT Procurement
Our platform has a intuitive, user-friendly interface that makes routine tasks easy.
Procurement Team Members
Procurement software that gives you control.
With our procurement software, managing your team’s purchasing is effortless and efficient. Maintain full control and visibility over every transaction with real-time data at your fingertips.
Track exactly what’s being purchased and where funds are going, ensuring compliance with customizable spending limits that can be set daily, weekly, monthly, or for the entire project. Our platform guarantees that every purchase aligns with your budget, no matter how decentralized your operations may be.
With our procurement software, spending is transparent, controlled, and fully accountable.
Does CNIW Fincorp offer procurement cards?
CNIW Fincorp cards are multi-currency Mastercards, available as either prepaid or debit, designed to simplify expense management for businesses of all shapes and sizes. However, as both expense cards and procurement cards help streamline and control business spending, CNIW Fincorp cards can function similarly to procurement cards.
What are the common features of procurement software?
Procurement software typically includes a range of features designed to streamline and optimise the procurement process. Key features often include global reach with multi-currency support, enabling organisations to manage purchases and supplier relationships worldwide seamlessly.
The software also facilitates the creation and management of budgets, helping businesses control spending and allocate resources effectively, ensuring all purchases align with budgetary constraints. Enhanced spend visibility allows for comprehensive insights into spending patterns across departments and categories, identifying cost-saving opportunities and promoting data-driven decision-making.
Additionally, many procurement platforms support purchasing or expense cards, simplifying and streamlining the purchasing process by offering real-time transaction data, reducing paperwork, and enhancing control over low-value purchases. These features collectively help organisations improve procurement efficiency and are all included in the CNIW Fincorp platform, making it a great procurement solution and alternative.
Why is spend management important?
Procurement suppliers are entities that provide goods, services, or resources to organisations, fulfilling their procurement needs. These suppliers can range from manufacturers and wholesalers to service providers and contractors, depending on the type of products or services required.
Procurement suppliers play a critical role in the supply chain, as they ensure the timely and efficient delivery of necessary items that support business operations. Effective supplier management involves regular evaluation and communication to ensure that suppliers meet the organisation's evolving needs and maintain performance standards. By collaborating closely with procurement suppliers, organisations can optimise their supply chain, reduce costs, and enhance overall operational efficiency.
Expert, human support
Our team of experienced account managers are on-hand to ensure you get all you need from CNIW Fincorp. They will get to know your business, your teams, and your goals, tailoring our services to best suit your needs and arranging demos of our platforms.
How we keep your money safe
Because CNIW Fincorp accounts don’t fall under FSCS, your money is protected via safeguarding. We hold your funds in specially designated, safeguarded bank accounts, which keep them separate from our other assets. Please see FAQs for more information.
