Name: ProcureHQ
Price: 50 USD
Author: Fewzen

Communications Outsourcing

Help Desk

Web and Video Conferencing

Customer Support

Text Editors

Development

Business Intelligence (BI)

Collaboration

Desktop Publishing

Diagramming

Interactive Voice Response (IVR)

Meeting Management

Operational Analytics

Project Portfolio Management

Enterprise

Accounting

Blockchain Payments

Cryptocurrency Mining

Finance and Accounting

Applicant Tracking

Corporate Learning Management

Employer of Record (EOR)

HR Management

Payroll

Stock Option Plan Administration

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Archiving

Cloud Storage

Continuous Delivery

Data Fabric

Endpoint Encryption

Enterprise Backup

File Sync and Share

Firewall

Fraud Detection

IT Service Management (ITSM)

Infrastructure Capacity Planning

Integration Platform as a Service (iPaaS)

Network Operating Systems

Network Performance Monitoring

Network Traffic Analysis (NTA)

Network Virtualization

Phishing Detection and Response

Virtual Desktop Infrastructure (VDI)

Voice Recognition

Web Application Firewalls

Web Scraping

Zero Trust Security Solutions

Information Technology

A/B Testing

Ad Serving & Retargeting

Advertising Agency

All-in-One Marketing

Business Card Scanning

Content Management

Digital Experience Platforms (DXP)

Email Marketing

Graphics

Location Intelligence

Marketing Automation

Social Media Management

Survey & Forms Building

Translation

Web Analytics

Marketing

Professional Services Automation

Project Management

Professional Services

Customer Relationship Management (CRM)

Proposal

Sales

Operational Technology (OT) Security

Security

Auto Repair

Camp Management

HIPAA Compliance

Homeowner's Association (HOA) Management

Legal Research

Municipal

Trucking Software

Vertical-Specific

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ProcureHQ, developed by FewZen Limited Trading as ProcureHQ, is an accounts payable software designed to streamline and automate the invoice processing and approval process for small and medium-sized enterprises (SMEs). According to the vendor, this software aims to remove manual data entry, improve accuracy, and increase efficiency in managing supplier invoices. ProcureHQ is specifically tailored for purchasing departments, accounts payable teams, project managers, senior management, and accounting departments across various industries.

## Key Features

**Smarter Invoice Approval**: According to the vendor, ProcureHQ automates the approval process of invoices, eliminating manual tasks and streamlining the accounts payable workflow. It allows for easy allocation of invoices to specific projects and project managers, aiming to ensure efficient approval.

**Automated Purchase Orders**: ProcureHQ, as claimed by the vendor, eliminates the need for manual purchase order creation by constantly monitoring the materials purchased. Users can request purchases and reorder supplies from a centralized platform, reducing the time spent on manual processes and aiming to improve project management.

**Real-time Supplier Quotes**: ProcureHQ, according to the vendor, provides a system for users to deal with quote requests from suppliers in real-time, eliminating the need for manual comparison of quotes. The software automatically checks for price changes compared to previous invoices, allowing users to get the best deals from suppliers. Users can receive quotes instantly and monitor individual product prices from suppliers, aiming to ensure up-to-date and accurate pricing information.

**Invoice Data Capture**: ProcureHQ, as claimed by the vendor, retrieves invoices sent from suppliers directly from the user's email account, eliminating the need for manual processing. The software automatically enters invoices into the accounting software, aiming to reduce errors and save time. Users can easily allocate invoices to projects and project managers, aiming to ensure efficient tracking and approval.

**Statement Reconciliation**: According to the vendor, ProcureHQ automates the process of statement reconciliation by cross-checking invoices received against statements. The software notifies users if there are any missing invoices, providing real-time visibility into the status of invoices. Users can view reports on who approved each invoice, when it was approved, and how long it took, aiming to improve transparency and accountability.

**Integration with Accounting Software**: ProcureHQ seamlessly integrates with popular accounting software such as Xero, QuickBooks, and Sage, according to the vendor. This allows for easy invoice creation and entry. The software also supports custom integrations and provides options for connecting with other accounting packages. Invoices created in ProcureHQ show up in the accounting software with the original PDF document and all line items included.

**Cloud-Based Platform**: ProcureHQ, as claimed by the vendor, is a cloud-based platform that offers unlimited user access, allowing the entire team to collaborate on accounts payable processes. The software provides role-based permissions to control user account access and restrict certain tasks or invoice approvals. ProcureHQ offers a setup wizard for guided setup and offers flexible subscription options for monthly, 6-month, or 12-month plans.

**Supplier Document Processing**: According to the vendor, ProcureHQ supports the processing of various supplier documents, including quotes, invoices, credits, and statements. The software allows for easy approval and entry of supplier documents, aiming to reduce manual data entry and improve accuracy. Users can track spending, approval, and supplier reports, providing comprehensive visibility into supplier transactions.

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ProcureHQ

Accounts Payable

Fewzen

Features found in accounts payable software products

Automated Accounts Payable Processes

Accounts payable processes are automated based on pre-determined workflows.

Vendor Management

Holds information related to vendor terms and contracts.

Tax Form Preparation

Allows users to create and share tax forms within the platform.

Payment Management

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

Customizable Approval Policies

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

Financial Document Management

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

Payment Status Tracking

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

Payment Audit Trail

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

Duplicate Bill Detection

Detects duplicate invoices or expense reports to prevent double payments.

Advanced OCR

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

Electronic Funds Transfer

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.

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ProcureHQ

Overview

What is ProcureHQ?