Overview
Product Information on Planergy
What is Planergy?
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Overall experience with Planergy
“Improved Spend Control Meets Setup Challenges And Limited Advanced Analytics Features”
About Company
Company Description
Planergy, with its global network of offices, provides a Spend Management platform, designed to assist mid-market businesses across various industries. With its easy-to-use user interface, onboarding is made faster. The platform automates the entire Procure-to-Pay and AP Automation process, offering real-time reporting dashboards, approval automation, bottleneck removal, budget management control, and alignment of Purchase Orders with Receiving and AP Automation. Through the digitization of the Procure-to-AP-Automation process, Planergy offers substantial savings. It eradicates rogue purchasing and off-contract buying, reduces invoice fraud, and enhances compliance and accountability. The AP-Automation aspect significantly reduces the processing time necessary for entering and three-way matching purchase orders to deliveries to vendor invoices, utilizing OCR, Machine Learning, and A.I.
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Key Insights
A Snapshot of What Matters - Based on Validated User Reviews
Reviewer Insights for: Planergy
Performance of Planergy Across Market Features
Planergy Likes & Dislikes
1. End-to-End Procurement Automation 2. Improved spend visibility & control 3. User-Friendly Interface 4. Strong Approval Workflows
It is so easy to work with Planergy and our new team members quickly became familiar with the tool and the procurement processes. The approval processes of various documents have been made so efficient thanks to the use of the automated approval workflows.
1. Initial configuration can be time consuming 2. Limited Advanced Analytics 3. Change Management Required for Adoption
The absence of customized reports and snippets means it takes a long time to generate the insights required to make strategic sourcing decisions. For the detailed analysis of the categories I have to export data and use other tools which is very tiring.
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Planergy Reviews and Ratings
- Management1B-10B USDMediaReview Source
Improved Spend Control Meets Setup Challenges And Limited Advanced Analytics Features
Strong procurement control and visibility; setup needs effort but delivers clear efficiency gains - Asst. General Manager (Electrical)1B-10B USDEnergy and UtilitiesReview Source
Planergy Application: Streamlining Procurement Processes Efficiently
The features offered by the Planergy application can be described as rather effective for our procurement processes. If Planergy had more extensive reporting options or templates by categories it presented itself as quite limited.