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Powerful budget, procurement and spend management software

Use cloud software for spend and procurement management to track budgets and spending across multiple departments and locations. Choose the right budget allocation method so you can keep on top of cash flow and stay in line with corporate goals.

Explore spend management solutions
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Take control of your budget with spend management software

Overspending and unexpected costs can limit your business's growth potential. Business spend management and procurement software helps you control all company spending so you stay within your budget.
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Leverage advanced budget tracking software

Unchecked spending derails growth objectives, leading to inefficient use of resources. Cash outflow tracking software lets you set budgets for departments or projects, and monitor spending against those goals in real-time.

Create spending limits and custom rules

Budget deviations can arise from unexpected errors and shifting priorities. With our budget management software, you can automatically assign spending limits, and create custom rules based on spend type, department, and location. This enables you to promptly address any variances while ensuring compliance with company policy.

Receive custom notifications and alerts

Unmanaged spending and budget overruns can create financial chaos, reducing overall business profitability and efficiency. With spend management software, you get real-time notifications and alerts on spending, helping you to stick to your budget and improve financial management.

Get full visibility and actionable reports

Insufficient data visibility across departments can result in siloed decision-making and budget discrepancies. A spend management system provides cash flow data to all stakeholders. Easy-to-use dashboards let you tailor information to department, location, vendor—or any other variable.
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Get easy access to an in-cloud spend management system

Lack of accessibility to financial data can slow decision-making and increase operational risks. A cloud spend management system lets you see spending data anytime and anywhere, improving financial planning and agility—so you can make fast decisions and control your budget.

Explore our procurement, spend and budget management software

Take control of your spending with budget tracking and procurement software from Sage.
Sage Intacct

Sage Intacct <font class="text-highlight-ai" style="white-space: nowrap;">with Ai</font>

The smart cloud accounting and ERP solution to unleash the potential of your business. Learn why industry leaders choose Sage Intacct.

 

Discover Sage Intacct

 

Across all industries, Sage Intacct customers achieve an average of:

  • 250% ROI
  • 6 months payback
  • 79% close time reduction
  • 65% productivity improvement

Rated #1 in customer satisfaction by G2.

Sage 50cloud

Sage 50

A powerful desktop accounting software with cloud-connected capabilities. Spend less time on admin to gain greater clarity on business performance with the #1 rated accounting software for small business.*

 

Discover Sage 50

 

  • Cash flow and invoicing
  • Payments and banking
  • Expense management and job costing
  • Advanced inventory management
  • Advanced reporting and audit trails
  • Payroll-ready

* Rated the best accounting software for small and medium businesses (SMBs) by The Blueprint, a Motley Fool service.

Mike Regulski

Finance Director, Bay County Medical Care Facility

Now that our supervisors actually see their financials on a daily basis and know how much money they have available to spend, they’re tightening their belts and taking cost control very seriously. As a result, we’ve cut the variance between our operating expenditures and revenues in half. Thanks to this declining variance, we’re able to expend our property tax levy income for much-needed capital improvements, as opposed to spending it on operations.
Bay County Medical Care Facility

Procurement, spend and budget management software FAQs

Business spend management software makes it easy to streamline liquidity monitoring processes and ensures that each department’s spending keeps on track with the approved budget. This software generates insights into company spending across all units by automatically collecting and analyzing cash outflow data. This allows staff to manage accounts proactively and decide whether to continue as is or adjust spending.

Budget planning, and keeping spending within the plan, is an extremely important part of running a healthy business, no matter how big your company is or which industry it serves. Budget tracking software provides control and transparency over cash movements, preventing the company from incurring unplanned interest costs and ensuring that funds are not diverted from the agreed investment plans.

Expense management solutions, also known as Time and Expense Management software, guide the way a business approves, registers, tracks, reimburses, and audits expenses made by its employees, in accordance with company policies. A spend management platform addresses a broader issue and refers to the system for controlling additional expenditures including Purchasing, AP, and GL.

Cloud, or SaaS spend management software, is financial planning and monitoring software hosted in a data center and accessible to end-users via an internet connection. The SaaS option relieves end-users of the burden of drawing on their own computing resources to run the software and carry out updates. However, the main advantage is that all members of distributed teams can use exactly the same software, and cloud-based systems can easily scale as more users are added to the team.

Want to learn more about spend management?

Sage advice

Read our blog and get articles, insights, and tips on budget management.
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Expert advice

Want to find out more or discuss which of our spend management solutions would best benefit your business? Just let us know and we'll get in touch.
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