PurchasePlus vs Tradeshift
PurchasePlus
purchaseplus.comTradeshift
tradeshift.comSide by side
| Figure | PurchasePlus | Tradeshift |
|---|---|---|
| Price from | — | Free |
| Free plan | — | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | Yes | — |
| macOS | Yes | — |
| API | Yes | Yes |
| Plans published | 3 | 7 |
| Spec score · Procure-to-Pay Software | 8.3 (#5) | 8.1 (#6) |
| Founded | 1997 | 2010 |
| Invoice matching | Invoices are checked against purchase orders and goods-receiving notes, with discrepancies flagged for review. | AI and multi-way matching can match invoices against purchase orders, goods receipts or contracts. |
| Rating on Capterra | 4.4 out of 5 from 9 reviews | 4.0 out of 5 from 3 reviews |
| Rating on G2 | G2 says there are not enough PurchasePlus reviews to provide buying insight. | 3.9 out of 5 from 253 reviews |
| Rating on GetApp | 4.6 out of 5 from 9 reviews | 4.0 out of 5 from 3 reviews |
| Security certifications | PurchasePlus states that it is secured by ISO 27001 and SOC 2 Type 2 controls. | The company lists ISO 27001, SOC 1 Type II, SOC 2 Type II, and ISAE 3402 among its security accreditations. |
| Security controls | The trust center describes MFA, SAML 2.0/OIDC SSO, role-based access control, TLS 1.2/1.3 encryption and AES-256 encryption at rest. | The security program includes least-privilege access, secure code review and scanning, vulnerability testing, penetration tests, monitoring and incident response. |
| Supplier onboarding | The supplier integrations page says most suppliers complete onboarding in under 48 hours and can go live within 24 to 48 hours of sign-up. | First Invoice Onboarding lets suppliers begin digital transacting by sending a PDF invoice to a dedicated email address. |
| Support | PurchasePlus offers email support, a searchable help centre, onboarding sessions and regional Monday-to-Friday 24-hour support. | The AP page says customers can access Tradeshift University and 365-day support after setup. |
| What it does | PurchasePlus is an AI-enabled procure-to-pay platform and curated B2B supplier network focused on hospitality organisations. | Tradeshift is a cloud network for procurement, accounts-payable automation, electronic invoicing, supplier collaboration and payments. |
Plans
PurchasePlus
- Enterprise Pricing$650 a month
- StandardA$650 a month
- PremiumPriced on request
Tradeshift
- FreeFree
- Free tierFree
- Tier 4Priced on request
- Tier 3Priced on request
- Tier 2Priced on request
- Paid packagesPriced on request
- Tier 5Priced on request
In their own words
PurchasePlus
PurchasePlus is a purchasing platform for hotels and restaurant groups, covering requisitions, purchase orders, receiving, invoices, payments, inventory, and POS connections. Approval workflows span the purchasing cycle. AI extracts invoice headers, lines, totals, and tax from Peppol e-invoices, PDFs, scans, EDI files, and other formats. The system compares invoices with purchase orders and goods receiving notes, flagging discrepancies. Approved journal entries can be exported to accounting systems including Xero, NetSuite, Dynamics 365, MYOB, and Sage. POS connections use an API, while supplier integrations support REST API, EDI, and CSV catalog uploads. Scheduled reports can be emailed as PDF, XLSX, or CSV, with OData connections for Power BI and Tableau. PurchasePlus runs in a modern browser with reliable internet and requires no installation. It states ISO 27001 certification and SOC 2 Type 2 auditing. Enterprise Pricing is $650 a month, billed Per Month; other plans have usage-based listed terms.
Tradeshift
Tradeshift's cloud platform automates accounts payable, e-invoicing, compliance, and clearance for buyers and suppliers. Its AP tools capture and digitize invoices, extract and validate data, match purchase orders, route approvals, and provide dashboards. The modular Procure to Pay platform automates purchasing workflows and connects with suppliers and customers. Configurable AI can handle invoice coding, workflow management, and purchase order matching. The AP solution offers a REST API and standard connectors for SAP ECC 6.0, SAP S4/HANA, Oracle eBusiness Suite, and Oracle Fusion. Tradeshift lists ISO 27001, SOC 1 Type II, SOC 2 Type II, and ISAE 3402 among its security accreditations. Its described practices include least-privilege access, secure code review and scanning, vulnerability testing, incident response, and daily backups. AP customers can access Tradeshift University and 365-day support after setup. Tradeshift says it serves large and mid-sized companies and covers e-invoicing compliance in 70 countries. Sellers receive customer support without additional charges for heavy support use. The first 30 invoices per quarter are free; higher seller tiers charge per transaction, with custom pricing above 15,000 quarterly transactions.