Overview
Product Information on Vroozi SpendTech
What is Vroozi SpendTech?
Vroozi SpendTech Pricing
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Overall experience with Vroozi SpendTech
“Unlocking the Power of Automated Three-Way Match with Vroozi”
“Cloud based Procurement Tool that integrates Suppliers and Intermediaries!”
About Company
Company Description
Vroozi's SpendTech® platform is the intelligent spend management and AP automation solution revolutionizing the procure-to-pay process by making business purchasing and payments easy, efficient and effective. By centralizing procurement and accounts payable in one easy-to-use digital platform that integrates seamlessly with existing tech stacks, businesses eliminate rogue spending, reduce manual errors, increase contract spend, maximize supplier discounts, and realize significant cost savings immediately. Vroozi’s AI and ML capabilities intelligently orchestrate business processes resulting in transformation that maximizes efficiency, reduces transaction costs, and improves business margins. Vroozi is designed for companies who want to manage all of their spend, drive end-user adoption with their employees, connect digitally with their suppliers, and maintain spend visibility in one platform, accessible from any device, anywhere, at any time.
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A Snapshot of What Matters - Based on Validated User Reviews
Reviewer Insights for: Vroozi SpendTech
Vroozi SpendTech Likes & Dislikes
The three-way match of invoices, goods receipts, and purchase orders is really nice after previously using a system where this wasn't automatic. The ability to code the items in our catalogs to their appropriate accounting coding is a great way to reduce incorrect coding or additional work on the accounting team to fix when it comes to the accounting system. I enjoy the ability to set up different exception handling options based on percentage or dollar value for when the invoices are received. It is very easy to get into the tool each day to see what the status of invoices are and assign them to the team to resolve and process invoices for posting.
Vroozi integrates our system with supplier to send PO and receive invoices through Electronic Interface. The addition of new vendors and their catalogues is an easy process. The receipt management and tracking of invoices are also effectively handled by users.
We are only a few weeks into the live version of Vroozi, so my biggest complement is ease of use for our end users. The training that was provided for us has made a big difference, and most of our end users have picked up the software very quickly.
The reporting is a bit confusing. The software uses a status of exception, but the reporting uses the status of reconciliation. It doesn't make sense that there would be a difference between the two. Most of the issues we have run into post-go-live we didn't run into when testing pre-go-live. I wish there had been additional testing or different types of testing that mirrored post-go-live using vendor invoices/data rather than Vroozi pushing fake invoices into the testing system. I think we would've been able to identify and resolve some of the issues we are seeing now in production at this stage had it been tested this way.
The tracking or control of duplicate record addition is not very effectively controlled in the tool. At times, the multiple duplicate records get populated while uploading the existing vendor database. Please check the required file formatting if duplicate records are getting populated.
Implementation was a long process, specifically when it comes to adding our outside vendors. I think allowing the searches to flow alphabetically would increase ease of use.
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Vroozi SpendTech Reviews and Ratings
- Assistant Controller50M-1B USDTravel and HospitalityReview Source
Unlocking the Power of Automated Three-Way Match with Vroozi
Really love the automated three-way match process for this product. It's great to have a supplier set up with catalogs for our teams to select goods that have already been pre-coded for accounting purposes, which saves a significant amount of time for the Accounting team. Customer service is responsive and quick to help resolve issues or questions identified via ticket or email. The integration process went longer than initially anticipated and we are still working through various things we've identified since post go-live, but the Vroozi team has been great to partner with in resolving. - Development Operations Manager<50M USDMiscellaneousReview Source
Impressed by Vroozi's Consistent Support Beyond Implementation Period
We have been working to get Vroozi going for about 4 months now, and I am truly impressed. From day one we felt supported, heard and all of our questions were answered. The implementation team, specifically the team, have been very helpful, going above and beyond (we are past our implementation time period and he is still helping us daily) to make sure that we have a great experience from and admin to end user perspective. - Director of Procurement<50M USDTravel and HospitalityReview Source
Software Designed for Team Collaboration
Our Vroozi integration team was knowledgeable and patient, thoroughly exploring all of our requests to provide the expected experience. They made sure to fully understand our business needs and took our suggestions into consideration. Their approach felt collaborative and they worked closely with our suppliers. This software was used to drive improvements across various teams and departments, such as purchasing, budgets, accounts payable and inventory. - Staff Accountant/AP50M-1B USDMiscellaneousReview Source
Navigating Learning Curves in New Product Adoption
They seem to fix any issues quickly. Good Customer Service. - Controller<50M USDTravel and HospitalityReview Source
A one-stop Procurment shop!
Vroozi Is a one-stop Procurement shop that allows companies to order from vendors using real time purchasing data.