When you think of procurement tech in general, you probably think “expensive”. We’re debunking this myth with 15 procurement tools for SMEs that are perfectly affordable in 2026.
This list of 15 procurement software applications showcases a mix of different types of tech.
Some have free plans. Most have transparent pricing.
Where pricing isn’t mentioned, we checked that they have customer case studies on their website of firms with fewer than 250 employees.
Established SMEs and growth startups can absolutely benefit from procurement tech. You just need to know where to look beyond the marketing noise of enterprise software.
Note: This is not sponsored content.
No provider has paid us to be part of this list. Ask yourself when reading other similar articles whether this is also true of them…
Which are the 15 Best Procurement Software for SMEs?
Putting together this list, we wanted to ensure that we cover a broad spectrum of requirements.
It’s not just about transactional procure-to-pay (P2P) software. Although for most businesses, this will likely form the backbone of any purchasing software stack.
How do you define an SME?
We consider any business below $50 million in annual revenue or 250 employees to be a small or medium-sized enterprise. The European Union takes a very similar definition. Interestingly, there is no uniform, common definition used in the US.
We also considered that SMEs encompass a huge range of businesses. We’re catering potentially to manufacturing, services, e-commerce and tech businesses. The software solutions we’ve included in here are relevant to different geographies and industry sectors. Below each software solution, we’ve highlighted who they’re a good fit for.
If you would like an intro to any of these providers or an independent opinion, just reach out and book a free intro call. We have contacts at all of these vendors.
Sourcing
1. Buying Station
BuyingStation, founded in 2015 and headquartered in Reading, UK, helps organizations bring structure and clarity to their upstream procurement activities.
Developed by Novo-K, the platform provides a focused Source-to-Contract environment for managing suppliers, sourcing events, contracts, and spend more effectively. It replaces fragmented and manual processes with a single, centralised system that improves compliance, visibility, and control.
With modular capabilities covering supplier onboarding, RFx management, contract tracking, and spend analysis, BuyingStation gives growing organizations robust S2C functionality without the complexity or cost typically associated with large enterprise suites.
BuyingStation offers tiered pricing.
- There’s a free plan to test it out.
- Then come the paid tiers of $899 and $1,730 per month, and an enterprise plan with advanced features available on request.
Key Info:
- Founder / CEO: Kavita Cooper
- Year founded: 2015
- Number of employees: 11–50
- Headquarters: Reading, UK
- Industry sectors served: Technology, Information and Internet, Professional Sports Teams, Public Sector, Professional Services
- Geography served: UK, Europe, India
2. Auxionize
Auxionize, founded in 2013 and headquartered in Sofia, Bulgaria, supports SMEs looking to modernize how they source, negotiate, and manage suppliers.
Operating in the Source-to-Contract space, Auxionize combines competitive eSourcing and eAuction tools with a marketplace-style approach that brings greater transparency and efficiency to procurement teams with limited resources. It helps buyers replace manual RFx processes, improve supplier competition through reverse eAuctions, and centralise contracts and invoices in one place.
Designed to be accessible and easy to adopt, Auxionize gives smaller organisations access to sophisticated sourcing capability without the burden of enterprise-level complexity, while continuing to expand its footprint internationally.
- Auxionize uses customised annual pricing for buyers based on expected turnover.
- Seller plans are published, ranging from free to €580 and €2,500 per year, with a €200 annual one-to-one licence option.
Key Info:
- Founder / CEO: Ivaylo Penchev
- Year founded: 2013
- Number of employees: 11–50
- Headquarters: Sofia, Bulgaria
- Industry sectors served:
- Geography served: Europe and North America
3. Oboloo
Oboloo is built for SMEs that want to professionalise procurement without overcomplicating it. Founded in 2022 and headquartered in London, the platform focuses on Source-to-Contract, giving smaller teams an easy way to manage sourcing, suppliers, contracts, and savings in one place.
Delivered as a self-service, cloud-based tool, oboloo removes the need for heavy IT involvement while bringing much-needed structure to decentralised procurement activity. It helps organizations stay on top of contract renewals, supplier compliance, and savings tracking, turning what is often an informal process into something far more controlled, visible, and commercially focused.
- Oboloo offers a 14-day free trial with no credit card needed
- Subscription plans at $82.99 per user per month (billed annually) or $99.99 per user per month for full access to eSourcing, supplier, contract and savings management.
Key Info:
- Founder / CEO: James Lancaster
- Year founded: 2022
- Number of employees: 11–50
- Headquarters: London, UK
- Industry sectors served: IT Services and IT Consulting, Professional services, Manufacturing & industrial operations, Construction & engineering projects
- Geography served: Europe and North America
4. MarketDojo
Market Dojo, founded in 2010 and headquartered in Gloucestershire, UK, was built by procurement practitioners who wanted a more practical way to run sourcing events.
The platform helps organisations digitise tenders, manage suppliers, and gain clearer control over contracts and spend without long implementations or heavy licence commitments. Its modular, on-demand approach suits teams dealing with decentralised sourcing, slow supplier onboarding, and unmanaged tail spend.
In 2022, Market Dojo became part of Esker, expanding its reach while retaining the flexibility that has made it popular with growing and project-driven procurement teams.
- Market Dojo uses modular, user-based pricing.
- Annual licences range from $775, $904, and $1,034 per month for sourcing and auctions
- Supplier onboarding (SIM) module from $1,292 to $2,583 per month, plus free tiers and add-ons priced per user, supplier, or contract.
Key Info:
- Founder / CEO: Alun Rafique
- Year founded: 2010
- Number of employees: 11–50
- Headquarters: Gloucestershire, UK
- Industry sectors served: Manufacturing & Industrial, Retail & Consumer Goods, Technology & eCommerce, Public Sector procurement
- Geography served: Europe, North America, Australia
5. Purchaser.ai
Purchaser.ai, founded in 2024 and based in Lexington, Kentucky, is built for industrial buyers in smaller and mid-sized organizations who want to move faster without adding complexity. The solution applies AI to some of the most time-consuming parts of industrial procurement, from finding qualified suppliers to managing RFQs and comparing quotes.
By bringing real-time product, pricing, and supplier data into a single browser-based experience, Purchaser.ai helps teams cut through fragmented information and manual work. Its focus on industrial manufacturing and supply chains makes it particularly effective for buyers looking to modernise sourcing decisions, shorten RFQ cycles, and improve outcomes as they transition into more digital procurement workflows.
Purchaser.ai’s pricing is not disclosed publicly on its website and requires contacting the vendor for a quote. Costs are provided on request based on organization size, modules and deployment.
Key Info:
- Founder / CEO: Drura Parrish
- Year founded: 2024
- Number of employees: 11–50
- Headquarters: Lexington, Kentucky
- Industry sectors served: Manufacturing, industrial procurement
- Geography served: North America
6. SourceReady
SourceReady, founded in 2024 and headquartered in San Francisco, is built for teams that need to find and engage global suppliers faster. It applies AI to the early, often messy stages of sourcing, helping procurement, product, and operations teams move beyond slow research and fragmented RFQ processes.
By combining verified global supplier data with automated outreach and clear quote comparison, SourceReady turns supplier discovery into a more structured, data-led activity. Its ad-free sourcing engine focuses on surfacing credible manufacturers rather than marketplace noise, making it easier to compare options, align internal teams, and make confident sourcing decisions at speed across international supply bases.
- SourceReady offers a free plan at $0 per month
- Entry plan at about $25 per month($9 for the first month)
- Pro plan at $299 per month on an annual subscription
- Enterprise tier available at a custom price for larger teams and integrations.
Key Info:
- Founder / CEO: Ricky Ho
- Year founded: 2024
- Number of employees: 2–10
- Headquarters: San Francisco, California
- Industry sectors served: Apparel & Footwear, Consumer Electronics, Beauty & Personal Care, Food & Beverage, Jewellery & Accessories, Manufacturing & Industrial Goods, Importers & Consumer Brands
- Geography served: Global
Procure-to-Pay(P2P)
7. Procurify
Procurify, founded in 2013 and headquartered in Vancouver, British Columbia, helps SMEs and mid-market organizations bring order to everyday spending. By combining procurement, accounts payable, and expense management into a single platform, it gives finance and procurement teams clearer visibility over where money is being spent and why.
Designed for sectors such as healthcare, education, non-profit, and technology, Procurify replaces slow, manual workflows with more connected and policy-driven processes. Real-time budget tracking, automated approvals, and AI-driven insights help teams stay in control, reduce friction between departments, and make smarter spending decisions without relying on disconnected tools or spreadsheets.
- Procurify does not display exact prices publicly but uses customised subscription pricing based on features and organization size, with pricing provided on request through their sales team.
Key Info:
- Founder / CEO: Chad Gaydos
- Year founded: 2013
- Number of employees: 51–200
- Headquarters: Vancouver, British Columbia
- Industry sectors served: Technology, Biotechnology, Education, Healthcare, Manufacturing, Non-Profit
- Geography served: Mostly North America with a some European customers
8. Precoro
Precoro, founded in 2015 and headquartered in Brooklyn, New York, helps SMEs and mid-market organizations bring order to everyday purchasing. Built as an intake-to-pay platform, it replaces fragmented buying and slow approvals with a single, structured workflow that gives teams real-time visibility over spend.
Used across sectors such as technology, healthcare, construction, and non-profits, Precoro makes it easier to manage requests, control budgets, and keep supplier data accurate. Its strength lies in combining a clean, user-friendly interface with flexible configuration, allowing businesses to improve compliance and efficiency without heavy implementation or technical overhead.
- Precoro offers tiered subscription pricing, with plans starting at $499 per month and $999 per month when billed annually.
- An enterprise plan with expanded functionality is available on request.
Key Info:
- Founder / CEO: Andrew Zhyvolovych
- Year founded: 2015
- Number of employees: 51–200
- Headquarters: Brooklyn, New York
- Industry sectors served: Manufacturing, Retail, Technology, Healthcare & Biotechnology, Education, Construction & Logistics, Non-Profit
- Geography served: North America and Europe
9. Prokuria
Prokuria, founded in 2017 and headquartered in Bucharest, Romania, is designed for procurement teams that want more control without relying on heavy IT support. Built as a no-code, cloud-based platform, it helps organizations digitise sourcing, purchasing, and supplier management while keeping processes transparent and compliant.
Used across industries such as manufacturing, construction, retail, and financial services, Prokuria replaces manual tasks and fragmented communication with structured workflows for procure-to-pay, catalogs, RFPs, reverse auctions, and supplier management. Its strength lies in flexibility, allowing teams to adapt procurement processes to their own way of working while integrating cleanly with existing finance and analytics tools.
Prokuria does not publish pricing on its website.
- Pricing is provided on request and requires contacting the vendor, with costs dependent on selected modules, user numbers, and deployment scope.
Key Info:
- Founder / CEO: Daniel Nitu
- Year founded: 2017
- Number of employees: 11–50
- Headquarters: Bucharest, Romania
- Industry sectors served: Airlines & aerospace, construction, energy & utilities, financial services, manufacturing, retail, technology, hospitality & F&B, logistics & transport, pharma & health, non-profits
- Geography served: Europe and North America
10. TeamProcure
Team Procure, founded in 2016 and headquartered in Boise, Idaho, helps organisations bring order and visibility to everyday procurement. Operating in the Source-to-Pay space, the platform offers a modular, cloud-based approach that covers purchasing, approvals, sourcing, inventory, and supplier management in one connected environment.
Used by teams in sectors such as construction, education, manufacturing, and healthcare, Team Procure replaces fragmented, manual workflows with more consistent and transparent processes. Its combination of rapid deployment, intuitive design, and advanced analytics, including AI-driven reporting, makes it well suited to organisations that want practical procurement control without the weight of traditional enterprise systems.
- Team Procure offers a 14-day free trial
- Subscription pricing starting at $250 per month (annual billing) for its procurement suite including PR/PO, approvals, supplier and inventory management
- Bespoke enterprise pricing by quote for larger deployments.
Key Info:
- Founder / CEO: Onurhan Ozturk
- Year founded: 2016
- Number of employees: 11–50
- Headquarters: Boise, Idaho
- Industry sectors served: Manufacturing, Construction & Engineering, Healthcare, Technology / IT, Non-Profit, Education, Food Service, Automotive
- Geography served: North America
Contracts
11. Entproc Contract Management App
Here at Entrepreneurial Procurement, we’re revolutionising simple procurement apps. Our contract management app is specifically designed for small procurement teams. By offering a no-subscription, one-time-fee app for just $3,499, it avoids the bloat and recurring costs of traditional CLM software.
The platform provides full data ownership (your data hosted in your own ecosystem), a fully customizable front-end, and easy to use filters, search and notification features so you don’t miss renewals or critical contract terms. It’s built with procurement and finance teams in mind, not for in-house legal.
Built on the front end using Softr, it boasts native integrations with Zapier, Make and n8n to enable lightweight automation and AI-powered.
Key Info:
- Founder / CEO: James Meads
- Year founded: 2025
- Number of employees: 2-10
- Headquarters: Miami, Florida
- Industry sectors served: Tech, Consumer Goods, Light Manufacturing
- Geography served: North America, Europe, Australia & New Zealand
Software Spend
12. SpendHound
SpendHound, founded in 2023 and headquartered in New York City, focuses on one of procurement’s most expensive blind spots: software renewals. Built for procurement and finance teams, it brings contracts, renewal dates, and pricing insight into a single, visible place.
By flagging upcoming renewals early and layering in benchmark data, SpendHound helps organisations avoid unwanted auto-renewals and challenge poor pricing before it is locked in. It also shines a light on unused licences and scattered agreements that quietly drain budgets. Its zero-cost model lowers the barrier to better renewal discipline, making smarter vendor negotiations accessible to teams of any size.
- SpendHound’s pricing model is free forever with no subscription fees, usage caps or hidden costs, giving users full access to its spend management and negotiation tools at $0
Key Info:
- Founder / CEO: Martin Schwartz
- Year founded: 2023
- Number of employees: 51–200
- Headquarters: New York, New York
- Industry sectors served: Technology/SaaS, Finance & Accounting, Professional Services
- Geography served: Mostly North America, but able to serve global customers
SRM and Collaboration Tools
13. Axya
Axya, founded in 2019 and headquartered in Québec, Canada, is built with manufacturing procurement firmly in mind. Rather than trying to be everything to everyone, Axya focuses on automating the everyday source-to-order work that slows buyers down. It replaces manual RFQs, purchase orders, and follow-ups with more connected, real-time workflows that improve visibility and collaboration with suppliers.
Used across the manufacturing sector, the platform helps teams stay on top of orders, contracts, and supplier performance without disrupting existing ways of working. Its emphasis on simplicity and supplier adoption makes it a practical step towards more efficient, digitally enabled procurement.
- Axya does not list pricing on its website.
- Prospective customers must contact the vendor for pricing details and tailored subscription quotes, as costs depend on deployment scope, modules and organisation size.
Key Info:
- Founder / CEO: Félix Bélisle-Dockrill
- Year founded: 2019
- Number of employees: 11–50
- Headquarters: Québec, Canada
- Industry sectors served: Manufacturing (multiple subsectors), Aerospace & Aviation Manufacturing, Industrial Machinery & Equipment, Mining & Heavy Industry, Transport & Mobility Manufacturing, Engineering & Custom Parts
- Geography served: North America
14. Tacto
Tacto, founded in 2020 and headquartered in Munich, is built for industrial procurement teams that need better ways to work with suppliers and internal stakeholders. Rather than focusing purely on transactions, Tacto centres on collaboration, bringing supplier data, sourcing activity, and compliance workflows into a single shared workspace.
Using AI to connect information and surface insights, it helps teams move away from fragmented communication and manual processes. Used across sectors such as automotive, machinery, and medical technology, Tacto supports more transparent decision-making around suppliers, performance, and ESG. Its €50 million funding round in 2023 signals growing demand for collaborative, data-driven procurement across Europe.
- Tacto’s pricing is not disclosed publicly on its website and requires contacting the vendor for a quote.
- Costs are provided on request based on organisation size, modules and deployment.
Key Info:
- Founder / CEO: André Petry
- Year founded: 2020
- Number of employees: 51–200
- Headquarters: Munich, Germany
- Industry sectors served: Machinery & Plant Engineering, Medical Technology, Automotive, Chemicals & Pharmaceuticals, Electronics, Food Industry & Consumer Goods, Packaging & Paper Processing
- Geography served: Europe
15. Canopy
Canopy, founded in 2021 and headquartered in Surrey, England, is built for teams that want more control over supplier management without resorting to heavy enterprise systems. The platform brings order to onboarding, compliance, and risk by replacing spreadsheets and email trails with modular automation that grows with the business.
Used by organizations across the UK and Europe, Canopy helps teams centralise supplier data, standardise intake, and maintain clearer visibility across the supplier lifecycle. Its modular structure allows smaller procurement functions to start simple and add depth over time, making consistent governance and compliance far easier to achieve as supplier networks expand.
- Canopy offers tiered pricing, including a Free plan
- Starter ($37/month), Team ($127/month), and Growth ($640/month) plans
- Plus an Enterprise plan priced on request with optional setup and integrations
Key Info:
- Founder / CEO: Doug McLean
- Year founded: 2021
- Number of employees: 11–50
- Headquarters: Surrey, England
- Industry sectors served: Manufacturing, Food Processing & FMCG, Facilities Management, Transportation, Data Centres, Technology Operations, Industrial & Chemicals, Gaming / Entertainment
- Geography served: Predominantly Europe
So, where do you start?
Focus on your biggest pain point right now.
Worried about rogue spend because your contracts are a mess? Then start with a contract management system.
Got a tail spend problem or drowning in accounts payable chaos? Start with e-procurement, P2P automation, and getting your vendor master data in order.
And don’t overlook UI/UX and implementation speed.
Your CFO wants ROI fast. These tools deliver it with affordable pricing. Start small and scale as you grow. You can always upgrade to fancier software at a later stage, if you outgrow any of these systems.
These are all super easy to implement. They’re cloud-based, out-of-the-box SaaS applications. No consultants needed. Implementation takes days, maybe a few weeks for P2P tools that need finance system integration. Not months or years like the legacy dinosaurs.
Ready to find the right tool for your business?
Book a free 30-minute call. Let’s figure out what works for you.
