Name: Negotiatus
Rating: 9 (2 reviews)
Author: Negotiatus

Help Desk

Web and Video Conferencing

Customer Support

Cross-Browser Testing

Mobile App Development

Product Analytics

Development

Online Proctoring Software

Education

Business Intelligence (BI)

Collaboration

Enterprise Generative AI

Enterprise

Accounting

Subscription Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

Job Board

Payroll

Recruitment Agency

Recruitment Automation

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

AIOps

Application Server

Cloud Storage

Consulting and Advisory Services

Cybersecurity Consulting

Database Load Balancing

Distributed Denial of Service (DDoS) Protection

Embedded Business Intelligence (BI)

Embedded Database

Enterprise Architecture Management

Fraud Detection

Function as a Service (FaaS)

Integration Platform as a Service (iPaaS)

Mobile Data Security

Mobile Device Management (MDM)

Mobile Identity

Monolithic Frame-based Disk Arrays

Network Performance Monitoring

Software Composition Analysis (SCA)

Information Technology

A/B Testing

AI Writing Assistant Software

Ad Serving & Retargeting

All-in-One Marketing

App Store Optimization (ASO)

Appointment Scheduling

Competitive Intelligence

Content Management

Customer Journey Mapping

Email Marketing

Gamification

Heatmap and Session Recording

Landing Page

Marketing Automation

Mobile Advertising

Online Proofing

Social Media Management

Social Media Marketing

Survey & Forms Building

Web Analytics

Marketing

Project Management

Professional Services

Call Recording

Customer Relationship Management (CRM)

Lead Generation Services

Multichannel Retail

Product Configuration

Quote to Cash

Sales Email Tracking

Sales

Cloud Infrastructure Entitlement Management

Identity Threat Detection & Response Software

Virtualization Security

Security

Construction Workforce Management

Dental

Vertical-Specific

Top Rated 2023

medium

small

Tipalti automates critical financial processes to drive efficiency, including accounts payable, mass payments, procurement, and expenses, all on one global finance automation platform that grows with the organization, automating, de-risking and simplifying finance.

Tipalti

Accounts Payable

Payment Management

Customizable Approval Policies

Financial Document Management

Payment Status Tracking

Payment Audit Trail

Duplicate Bill Detection

Advanced OCR

Electronic Funds Transfer

Automated Accounts Payable Processes

Vendor Management

Tax Form Preparation

SAP Concur

Likelihood to Recommend

Likelihood to Renew

Availability

Performance

Usability

Support Rating

Online Training

In-Person Training

Implementation Rating

Configurability

Product Scalability

Ease of integration

Vendor pre-sale

Vendor post-sale

Expense Management

Employee Expense Reporting

Corporate Card Reconciliation

Webexpenses

Webexpenses Requirements

Expensify

Emburse Chrome River

Emburse

Emburse Certify

Emburse Nexonia

BILL Spend & Expense

BILL

Brex

Emburse Abacus

Negotiatus 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.

large

SAP Concur is a SaaS expense report management product, and handles corporate travel booking, expense report automation, reimbursement, audit, and business intelligence, and corporate card integration.

Concur Travel and Expense

Negotiatus

Expense Management Software is designed to submit, process, reimburse, and track employee expenses. Typical features facilitate and automate invoicing and approval processes. Document management is usually contained in the software for capturing receipts and creating an audit trail. This allows administrators to approve expenses (e.g. for travel) and generate reports. More comprehensive software manages travel itinerary and add various levels of support for the transaction process, increasing efficiency and reducing fraud.

Negotiatus Overview: End-to-End Purchasing & Payments

Allows companies to track employee expenses to make cost-effective decisions.

Allows companies to reconcile employee expenses with company card statements.

Features that allow for the management of payments across various forms of finance/accounting software.

Policies for different types of approvals can be customized, sent to multiple approvers, automatically approved, etc.

Invoices, expense reports, and associated documents are stored within the platform for any future needs.

Tracks what stage payments are at in the process, from approval to receipt.

Allows admin users visibility into the entire payment process, from receiving the expense claim or invoice to the payee receiving payment.

Detects duplicate invoices or expense reports to prevent double payments.

Automatically imports information from invoices, receipts, expense reports, and other 
scanned documents into the platform.

Funds can be transferred via EFT as opposed to paper checks.

PCI Compliant Security Measures

Banking and finance information is protected according to Privacy Shield and GDPR standards.

Reviews

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

TrustRadius

Account manager

Ability to search

General ledger

Cost centers

Ease of use

Home

Expense Management Software

Sage Intacct

MoSo

Microsoft Excel

We have been using Negotiatus to manage purchasing across our network of flexible office space locations. Negotiatus allows us to control purchasing at the location level through approval workflows and budget limits. It also allows us to map approved products to our general ledger accounts, making the coding process seamless. Negotiatus also allows for consolidated invoicing--only having to manage one invoice per location on the accounts payable side. In short, we are able to solve multiple business problems simultaneously related to purchasing.

Product Usage

Pros and Cons

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.

Things done well

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.

Things done poorly

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.

Cost coding/accounting
Consolidated invoicing
Bulk updates to product lists

Most Important Features 3.4.21

Positive efficiencies (major positive)
Negative monthly costs per location
Positive control

Return on Investment

Other Software Used

Director, Finance and Accounting

Negotiatus 2021-07-27 11:03:38

Operating Systems	Unspecified
Mobile Application	No

Negotiatus

Overview

What is Negotiatus?

Negotiatus--great for efficiency, could work more on reporting on savings

Pricing

Negotiatus

What is Negotiatus?

Entry-level set up fee?

Offerings

Would you like us to let the vendor know that you want pricing?

Alternatives Pricing

Webexpenses

What is Webexpenses?

SAP Concur

What is SAP Concur?

Product Demos

Negotiatus Overview: End-to-End Purchasing & Payments

Product Details

What is Negotiatus?

Negotiatus Technical Details

Comparisons

Compare with

Tipalti

SAP Concur

Webexpenses

Expensify

Emburse Chrome River

Emburse Certify

Emburse Nexonia

BILL Spend & Expense

Brex

Emburse Abacus

Reviews and Ratings

Reviews

No reviews found