Order.co

Key benefits of Order.co

1. Purchase Everything in One Place

Curate a custom catalog: Purchase everything your business needs through Order.co, instead of ordering through each individual vendor. From big-box stores to industry-specific vendors and online marketplaces to vendors that receive POs via email, they’re all in your custom Order.co catalog.

Control purchasing through the catalog: Ensure purchasing compliance through your catalog, complete with pre-approved products to encourage standardization across locations and eliminate rogue spend.

Discover savings: Save money on your purchases by tapping into Order.co’s $4 billion in buying power. And, Order.co can strategically source products to discover savings on the same products you’re purchasing today.

Automate your purchasing: Speed up your purchasing process and never create another purchase order again. Order.co automatically sends all approved purchase requests straight to your vendor. And, easily buy your frequently-purchased products based on premade shopping lists and scheduled orders.

Track your orders: Stay up-to-date on your orders across all vendors by tracking their statuses — from approval to fulfillment to delivery — in one location.

2. Effortlessly Manage Payments & Accounting

Pay one bill per month: Significantly reduce the time you spend on accounts payable and pay all of your vendors for every purchase placed via your custom catalog on one monthly bill.

Access extended payment terms: Make the best purchasing decisions—free of cash flow constraints—by leveraging extended net terms through Order.co like Weekly Net-45 or Monthly Net-60.

Achieve a 3-way match: Ensure the accuracy of every payment. Confirm that a product was ordered, received, and invoiced, so you can easily complete a 3-way match instead of spending hours on invoice reconciliation.

Automate your invoice coding: Eliminate manual data entry errors and speed up invoice processing times by automatically pre-coding your invoices. Every Order.co invoice contains perfectly-coded, granular spend data.

Share spend data seamlessly: Close books faster and save countless hours getting accurate data into your accounting system. Keep your books up-to-date on all of your Order.co transactions via API integrations or data exports.

3. More Control For You, More Autonomy For Them

Approval workflows fit for your organization:

• Generate approvals by GL code, user, vendor, location, cost center, and order subtotal

• Improve purchasing turnaround time with automatic order placement upon approval

• Edit purchase requests at the line item level to avoid back-and-forth communication and delays

• Centralize your approvals so that requests don’t get lost in your inbox or messages

Track and limit spending with customizable budgets:

• Leverage budgets for users, locations, or cost centers and set them to the cadence that works best for your team

• View changes in your budget as purchases are made, so your team never overspends

• Allocate portions of a budget to specific types of products to control exactly how money is spent

Detailed reporting for better spend decisions:

• Generate granular reports with spend broken down by user, vendor, location, and more

• View your spend and budgets in real-time to identify areas for cost savings

• Create more accurate forecasts with instant access to historical spend data and trend projections