AI TOOL PROFILE
ControlHub Review: Procurement and Purchase Order Software
- Operations
- Procurement
- Small businesses
- Mid-market companies
- Hardware and robotics companies
- Biotech and healthcare firms
Pricing
Pricing starts at $249 per month for the Approvals Plan. A Purchasing Plan is available for $599 per month, and a 30-day free trial is offered.
At a glance
- Best for
- Small businesses, Mid-market companies, Hardware and robotics companies, Biotech and healthcare firms
- Key use cases
- Managing Purchase Requisitions, Enforcing Spending Policies, Tracking Order Receipt, Syncing Procurement Data to Accounting
- Integrations
- QuickBooks, NetSuite, Slack, Amazon, McMaster-Carr
- Official website
- Visit controlhub official website
How AI is used
ControlHub is a procurement platform that manages the process from initial purchase requisition to final payment. It is designed for businesses, particularly those in hardware, robotics, and biotech, that need a centralized way to handle purchase orders and spending controls.
The software supports the creation of automated approval workflows, allowing managers to authorize spending based on department, project, or amount before a purchase is made. It also includes tools for three-way invoice matching and spend analytics to provide visibility into company expenditures.
Buyers should confirm which plan fits their needs, as certain features like inventory management and budget management are reserved for higher-tier plans. It is also helpful to verify that the specific accounting software your business uses is supported for automatic synchronization.
Key Features
Purchase Requisition Management
Centralizes purchase requests and tracks them in one place to replace spreadsheets or emails.
Automated Approval Workflows
Supports the creation of custom approval paths based on parameters like amount, project, or department.
Three-Way Matching
A verification process that confirms a bill is paid only if it matches the request, approval, and received goods.
Spend Analytics Dashboards
Provides visual reports on departmental and vendor spending to help monitor budget distribution.
Virtual Card Support
Offers virtual cards for budget updates and expense tracking for US-based companies.
AI Error Detection
Uses machine learning to help identify errors and potential fraud in spending patterns.
Use Cases
Managing Purchase Requisitions
Supporting the workflow from the initial employee request through to the generation of a purchase order.
Enforcing Spending Policies
Setting budget limits and required approval levels to help prevent unauthorized spending.
Tracking Order Receipt
Using packing slip uploads to verify that delivered goods match the original purchase order.
Syncing Procurement Data to Accounting
Transferring purchase and invoice data to accounting software to support the financial close process.
Integrations
- QuickBooks
- NetSuite
- Slack
- Amazon
- McMaster-Carr
- Digi-Key
- Uline
- Mouser
FAQ
What does ControlHub do?
- ControlHub manages the procurement process by automating purchase requests, approvals, and the creation of purchase orders, while providing spend analytics and accounting synchronization.
Does ControlHub integrate with accounting software?
- Yes, the platform integrates with QuickBooks and NetSuite to sync transactions and procurement data.
Which plan is right for my business?
- The Approvals Plan ($249/mo) is for basic requests and approvals, while the Purchasing Plan ($599/mo) adds automatic PO generation and virtual cards. Budget and inventory management require the Full P2P or Custom plan.
Source category: Operations
Source subcategory: Procurement
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