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Top 320 Procurement Software SaaS Companies in May 2026

As of May 2026, there are 320 SaaS companies in Procurement Software. They have combined revenues of $2.6B and employ 28K people. They have raised $3.3B and serve 36.8M customers combined.

Procurement software is a category of digital tools designed to facilitate the management and automation of purchasing processes within organizations. These software solutions help streamline workflows, enhancing efficiency and transparency in procurement activities. Common functionalities include supplier management, requisition and purchase order (PO) creation, contract management, and spend analytics, which collectively support effective vendor selection and cost control. These platforms are used across various sectors, involving roles in finance, operations, and supply chain management. By integrating procurement activities, such software allows organizations to manage budgets effectively, ensure compliance with purchasing policies, and track expenditures more clearly. Ultimately, procurement software serves to minimize manual errors, expedite approval processes, and provide valuable insights into purchasing patterns.

Companies
320
Revenue
$2.6B
Funding
$3.3B
Employees
28K

Filters

Sorting: Highest -> Lowest

Filters

Top Procurement Software Companies

Showing 10 of 48 companies ranked by annual revenue.

1
FreeD Group

Hong Kong​, Hong Kong

Marketplace SaaS for enterprises and government

Revenue
$100M
Customers
70
Year founded
2016
Funding
-
Team size
250
Growth
-
2
Clara

Sao Paulo, Sao Paulo, Brazil

End-to-end spend management for companies in Latin America.

Revenue
$60M
Customers
-
Year founded
2020
Funding
$363.5M
Team size
582
Growth
33.67%
3
Wangdiantong

China

Wangdiantong is an E-commerce ERP management system.

Revenue
$59.3M
Customers
1.2M
Year founded
2011
Funding
$453M
Team size
1K
Growth
-
4
Certa

Saratoga, California, United States

Certa is an operational management platform that provides a fully integrated suite of products for third-party lifecycle management.

Revenue
$57.8M
Customers
-
Year founded
2013
Funding
$15.1M
Team size
198
Growth
76.04%
5
Procurify

Vancouver, British Columbia, Canada

Procurify is a cloud-based procurement and spend management platform that helps businesses streamline their purchasing process, track their spending, and gain visibility into their company's finances. The platform offers features such as purchase order creation and approval workflows, invoice management, and real-time spending insights. Procurify aims to empower businesses to make informed purchasing decisions and optimize their procurement processes to save time and money.

Revenue
$55M
Customers
-
Year founded
2013
Funding
$83M
Team size
180
Growth
30.84%
6
Team Procure

Boise, Idaho, United States

Team Procure is a cloud-based procurement platform that simplifies the management of all your purchasing processes and inventory through a unified application. Manage purchase requests, purchase orders, suppliers, and inventory across multiple warehouses – all in a single platform. We cater to both SMB and Enterprise customers across a broad spectrum of industries, from manufacturing and construction to healthcare and more.

Revenue
$50M
Customers
15
Year founded
2016
Funding
-
Team size
31
Growth
-
7
Logiwa

Chicago, Illinois, United States

Provider of a cloud-based warehouse and inventory management software designed to focus on inventory management. The company's warehouse and inventory management software offers international supply chain management, warehouse management, order fulfillment, enabling online retailers, 3PL Warehouses and wholesalers to improve consumer satisfaction.

Revenue
$46.4M
Customers
1K
Year founded
2004
Funding
$12.5M
Team size
139
Growth
462.08%
8
Baxter Planning

Austin, Texas, United States

Baxter Planning provides solutions built for the service supply chain. Our software is developed based on proven best practices, industry expertise, and partnerships with our customers to automate inventory planning. We replace spreadsheets and manual processes with a Total Cost Optimization methodology to deliver the best service level at the lowest possible cost. Global clients deploying our software include: Avaya, Ciena, Extreme Networks, NetApp, Bio-Rad, and more.

Revenue
$41.9M
Customers
-
Year founded
1993
Funding
-
Team size
381
Growth
-
9
Supplynote

India

Supplynote is India's leading procurement platform with a unique stack of SAAS and E-commerce to solve the procurement problem

Revenue
$37.4M
Customers
-
Year founded
2015
Funding
$1.8M
Team size
57
Growth
14.97%
10
SelectHub

Denver, Colorado, United States

Provider of a cloud-based software selection management platform intended to facilitate better purchase decisions. The company's software selection management platform supports a comprehensive set of evaluation stages from requirements gathering to vendor shortlisting, demos and user trials, RFI/RFPs and contract negotiation, enabling stakeholders within information technology, procurement, finance and end-user business units evaluate, select and purchase software products best suited for their needs.

Revenue
$32.7M
Customers
125.9K
Year founded
1996
Funding
$1.7M
Team size
93
Growth
385.64%

Inclusion Criteria

- Must support the entire procurement lifecycle, including requisitioning, order management, and invoicing. - Must provide features for supplier management, including onboarding and performance tracking. - Must include budgeting tools for tracking spending and enforcing financial controls. - Must enable automation of approval workflows to reduce manual processing. - Not just focused on invoicing; must also facilitate vendor selection and contract management. - Must offer analytics features for real-time spend visibility and reporting.

Procurement Software SaaS Companies | GetLatka