- Revenue
- $9.6M
- Year founded
- 2015
- Funding
- $20.2M
- Team size
- 68
Top 5 Procure to Pay Software Companies With $5M–$10M Revenue (September 2026)
As of September 2026, Latka tracks 5 procure to pay software companies with $5M–$10M in annual revenue. They have combined revenues of $33.1M and employ 232 people. They have raised $20.2M.
Every company below sells procure to pay software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.
What Procure to Pay Software Companies do
Procure to Pay (P2P) Software facilitates and streamlines the entire procurement process from requisition through to payment. It allows organizations to automate and manage purchasing activities efficiently, ensuring compliance, reducing errors, and improving expenditure visibility. The primary use cases of P2P software include managing purchase requisitions, purchase orders, invoice processing, and payment approvals, all within a cohesive workflow. Typical features of P2P software include supplier management, budget control, invoice matching, and reporting capabilities. This software is primarily used by finance departments, procurement teams, and operations personnel who require seamless integration between purchasing and finance to manage expenses effectively. Automation of these functions not only saves time but also enhances accountability and financial control across the organization.
- Companies
- 5
- Revenue
- $33.1M
- Funding
- $20.2M
- Employees
- 232
Filters
Sorting: Highest -> Lowest
Top Procure to Pay Software Companies With $5M–$10M Revenue
Showing 5 of 5 companies ranked by annual revenue.
2
Scopeworker
Miami, Florida, United States
Scopeworker is a Procure-Execute-Pay ERP purpose built to digitalize supplier service lifecycles and supply chains. Use it stand alone or over the top of legacy ERPs to real time extend them into the business. Scopeworker's automation is enabling significant cost, time and scale efficiencies for the Fortune 100.
- Revenue
- $6.8M
- Year founded
- 2018
- Team size
- 62
3
Fraxion
Seattle, Washington, United States
Procure-to-pay software for proactive spend management. Fraxion is the trusted software choice for mid-size companies worldwide, offering automation solutions for purchasing, expense, and accounts payable processes with advanced spend analytics. Fraxion’s procure-to-pay solution provides complete visibility, digital workflows, and proactive controls, making it the go-to solution for organizations seeking procurement efficiency and spend control. Fraxion actively manages over $16 billion of spend per annum at over 1,000 organizations, with more than 200,000 users. With Fraxion, you can drive accountable, policy-compliant spending company-wide and attain audit transparency via centralized digital records. Initiate time savings and operational cost reductions by adopting Fraxion's easy, mobile, and integration-ready procure-to-pay solution.
- Revenue
- $6.7M
- Year founded
- 1997
- Team size
- 61
- Revenue
- $5M
- Year founded
- 2001
- Team size
- 15
- Revenue
- $5M
- Year founded
- 2020
- Team size
- 26
Frequently asked questions about Procure to Pay Software Companies With $5M–$10M Revenue
How many procure to pay software companies with $5M–$10M in annual revenue are there?
Latka tracks 5 procure to pay software companies with $5M–$10M in annual revenue. Together they generate $33.1M in annual revenue and employ 232 people.
Which procure to pay software company with $5M–$10M in annual revenue is the largest?
Semine is the largest, with $9.6M in annual revenue, founded in 2015.
How much revenue does a typical procure to pay software company with $5M–$10M in annual revenue make?
The average procure to pay software company in this list makes $6.6M a year, across 5 companies with reported revenue.
Who are the leading Procure to Pay software vendors with $5M–$10M in annual revenue?
Ranked by annual revenue, the leaders are Semine, Scopeworker, Fraxion, Vurbis and ControlHub.
How much funding have procure to pay software companies with $5M–$10M in annual revenue raised?
The 5 procure to pay software companies with $5M–$10M in annual revenue tracked here have raised $20.2M in disclosed funding between them.
Related ERP Software categories
Inclusion Criteria
- Must automate the procurement process from requisition to payment - Should include features for invoice management and approval workflows - Must support expenditure tracking and budget management - Should provide supplier management capabilities - Must integrate seamlessly with accounting and financial systems - Not just focused on purchase order management; must also include payment processing features