Order.co is a cloud-based software platform that simplifies the purchasing process for growing businesses. It offers an all-in-one solution for sourcing products, scaling purchasing across locations, and automating accounts payable workflows and approvals. Order.co's features include guided buying, spend visibility tools, budget management, invoice matching capabilities, and integration with enterprise resource planning (ERP) and accounting systems.
Through guided buying, Order.co enables businesses to identify preferred suppliers and product catalogs. Buyers can then make purchases directly from these pre-approved vendors, helping reduce maverick spending and improve policy compliance. Order.co's interface mimics the familiarity of consumer ecommerce sites while enforcing organizational purchasing rules in the background.
The spend visibility module provides real-time analytics and reporting on company expenditures across categories and locations. This transparency allows leaders to spot spending trends, consolidate suppliers, and identify opportunities for strategic sourcing to negotiate better pricing. Budget owners can map budgets to accounts and set alerts when nearing overspend limits.
When making purchases, Order.co streamlines the invoice processing flow through three-way invoice matching against purchase orders and receiving documents. Automatic approval routing ensures invoices get promptly reviewed based on organizational hierarchies. The platform can integrate with firms' existing finance tech stacks like accounting software, ERPs, and other systems.
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