TrustRadius: an HG Insights company

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Negotiatus

    Score9 out of 10
    N/ANegotiatus is purchasing software from the company of the same name in New York, that aims to transform the way business administrators and users place orders, control spend, and submit payment across their vendors. The platform is built for the entire purchasing process, and is designed to provide a consistent experience from sourcing through payment across every vendor and website.N/A

    Visa Spend Clarity

    Score5.1 out of 10
    N/AVisa Spend Clarity offers a suite of end-to-end spend management solutions to empower businesses of all sizes and levels of complexity to control spend, maximize visibility, and optimize cashflow. it is designed so that with it, financial institutions can deliver payment and spend management technology to help to increase card spend, improve customer retention, and differentiate their service.N/A
    Pricing
    NegotiatusVisa Spend Clarity
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    NegotiatusVisa Spend Clarity
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Best Alternatives
    NegotiatusVisa Spend Clarity
    Small Businesses
    Brex
    Score9 out of 10
    No answers on this topic
    Medium-sized Companies
    Expensify
    Score9 out of 10
    No answers on this topic
    Enterprises
    Emburse Expense Enterprise (formerly Chrome River)
    Score8.3 out of 10
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    NegotiatusVisa Spend Clarity
    Likelihood to Recommend
    8.0
    (1 ratings)
    1.0
    (4 ratings)
    Usability
    -
    (0 ratings)
    1.0
    (1 ratings)
    User Testimonials
    NegotiatusVisa Spend Clarity
    Likelihood to Recommend
    Negotiatus
    Negotiatus is well suited for multi-location--many locations doing the same thing, such as a franchise model. However, if you really want to have tight control on costing, the reporting is not robust enough that, with scale, it would make more sense to bring this in house and create your own vendor relationships
    Incentivized
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    Visa
    It is well suited and, I guess, is a primary role for remote or distributed teams - especially when you know a person not well to trust him in managing local costs was agreed to pay. If you work with contractors with irregular payments, it will suit you as well cause of immediate card transfer, but it may be limited by your local KYC policy. It is not typical to pay payroll costs with it because it is focused mostly on operations with virtual card balances, so it is less appropriate for it. So it works best for remote teams.
    Incentivized
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    Pros
    Negotiatus
    • Consolidated invoicing--Negotiatus consolidates all invoices into one monthly invoice for us to pay by the 15th of the subsequent month.
    • General ledger mapping--products on the platform can be mapped to one or more entities or cost centers through a monthly consolidated file, which has great value when it comes to process efficiency.
    • Ease of use--the platform is fairly easy for both users and administrators. With many locations that are geographically dispersed, it allows us to manage purchasing without an excess training need.
    Incentivized
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    Visa
    • Visa Spend Clarity provides clear and concise spending reports that make it easy to track and monitor spending.
    • The reports can be customized to show specific spending categories, merchant types, and time periods.
    • Visa Spend Clarity also offers a variety of tools and resources to help cardholders manage their spending and avoid overspending.
    • Helping users track their spending in real-time
    • Providing budgeting tools to help users stay on track
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    Cons
    Negotiatus
    • Communicating Savings: Negotiatus sells itself on its vendor network--the ability to search for the best possible price according to what is available. However, it is challenging to tell what that savings would have been (e.g., WB Mason vs. Amazon).
    • Speed of Resolution: it sometimes takes a few months to come to a resolution when it comes to analysis/reporting. As they do not have great reporting around savings, we often ask for them to provide some periodic analysis. The account manager will put in the request, but it may not get completed or be up to the appropriate standard due to lack of understanding of the requirements.
    • Cancelled Orders: at some points early on (2+ years ago), many of the orders were cancelled and we were left scrambling to replace them. That has gotten much better.
    Incentivized
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    Visa
    • Horribly Dated Interface
    • Clunky operation
    • Requires 5 clicks where 1 should be sufficient
    • Slow
    • Worst program I have used in a decade.
    Read full review
    Alternatives Considered
    Negotiatus
    No answers on this topic
    Visa
    We found the results and returns with the Visa Spend Clarity were more positive than some other platforms. After researching competitors like, Data Card Wizard and Airwallex, we found the ease and comfort for our customers was more beneficial by using the Visa Spend Clarity application. The brand name helped ease the customer's concerns.
    Incentivized
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    Return on Investment
    Negotiatus
    • Positive efficiencies (major positive)
    • Negative monthly costs per location
    • Positive control
    Incentivized
    Read full review
    Visa
    • It is not feasible, but probably it takes 20% less time to start work with you contractor.
    • Once having integrations with Uber, Booking - probably discounts accumulated with funding accounts will influence the performance.
    Incentivized
    Read full review
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