Payhawk
Payhawk is a comprehensive spend management platform that combines corporate cards, reimbursable expenses, and accounts payable into a single automated solution to help businesses control global spending and streamline accounting.
Procurify
Procurify is an intelligent spend management software that gives you real-time visibility and control over organizational business expenses by centralizing purchasing, approvals, and automated accounts payable workflows.
Quick Comparison
| Feature | Payhawk | Procurify |
|---|---|---|
| Website | payhawk.com | procurify.com |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2018 | 2012 |
| Headquarters | London, UK | Vancouver, Canada |
Overview
Payhawk
Payhawk is an all-in-one finance platform that helps you manage company spending from a single dashboard. Instead of juggling multiple tools for credit cards, out-of-pocket reimbursements, and supplier invoices, you can centralize everything in one place. You can issue physical and virtual cards to your team with built-in spending limits and automated approval workflows that ensure every penny spent aligns with your company policy.
The platform automates the tedious parts of accounting by capturing receipts via a mobile app and extracting data instantly using OCR technology. It integrates directly with your existing ERP or accounting software, like NetSuite or Microsoft Dynamics, to sync transactions in real-time. This eliminates manual data entry and helps you close your monthly books much faster while maintaining full visibility over your global cash flow.
Procurify
Procurify is a centralized spend management platform designed to give you total control over your company's financial outflows. Instead of chasing paper trails or messy spreadsheets, you can manage the entire procure-to-pay lifecycle in one place—from initial request and manager approval to purchase orders and final payments. It helps you eliminate unauthorized spending and ensures every dollar spent aligns with your active budget.
You can empower your team to make purchase requests through a simple interface while maintaining strict oversight through customizable approval workflows. The platform integrates directly with your accounting systems to ensure data stays accurate across your entire tech stack. It is particularly effective for mid-market companies in industries like biotech, manufacturing, and technology that need to scale their financial operations without adding administrative headcount.
Overview
Payhawk Features
- Smart Corporate Cards Issue physical and virtual cards with custom spending limits and automated approval rules to control budgets in real-time.
- Automated Data Extraction Snap a photo of any receipt and let the AI extract dates, amounts, and VAT automatically to eliminate manual entry.
- Global Accounts Payable Manage and pay supplier invoices across multiple currencies and countries while maintaining a clear digital audit trail for every payment.
- Real-time ERP Sync Connect your spending data directly to NetSuite, SAP, or Microsoft Dynamics with automated mapping for seamless month-end closing.
- Subscription Management Track all your recurring software subscriptions in one view to identify duplicate seats and prevent unwanted renewals or overspending.
- Reimbursable Expenses Let your employees submit out-of-pocket claims through the mobile app for quick approval and automated repayment via bank transfer.
Procurify Features
- Mobile Request & Approval. Submit and approve purchase requests on the go using the mobile app to keep your operations moving without delays.
- Real-Time Budget Tracking. See exactly how a purchase will impact your remaining budget before you hit approve to prevent overspending.
- Purchase Order Automation. Generate professional purchase orders automatically from approved requests and send them directly to your preferred vendors.
- Three-Way Matching. Verify that your purchase orders, packing slips, and invoices all match perfectly to ensure you only pay for what you received.
- Virtual Spend Cards. Issue secure virtual cards to your team with pre-set limits so you can manage recurring subscriptions and one-off digital purchases.
- Custom Approval Workflows. Build multi-level approval chains based on department, location, or dollar amount to match your specific internal policies.
Pricing Comparison
Payhawk Pricing
Procurify Pricing
Pros & Cons
Payhawk
Pros
- Excellent mobile app for quick receipt uploads
- Seamless integration with major ERP systems
- Real-time visibility into employee card spending
- Responsive customer support for technical setup
- User-friendly interface for non-finance employees
Cons
- Initial setup of accounting categories takes time
- Card delivery can be slow in some regions
- Higher price point than basic expense tools
Procurify
Pros
- Intuitive interface makes it easy for non-finance staff to request items
- Excellent visibility into real-time budget impact before spending occurs
- Strong mobile app functionality for remote approvals and tracking
- Seamless integration with major accounting tools like NetSuite and QuickBooks
- Responsive customer success team during the implementation process
Cons
- Initial setup of complex approval workflows can be time-consuming
- Reporting modules can feel rigid for highly specific custom data needs
- Higher price point compared to basic expense tracking tools