3 Takeaways from the Summer 2024 G2 Report

3 Takeaways from the Summer 2024 G2 Report

The movie industry has the Oscars and Rotten Tomatoes to establish credibility with its audiences. Restaurants have the Michelin Guide. In the B2B SaaS space, our products and services are validated through G2 reports, the largest and most trusted software marketplace with 90 million users.

Every quarter, G2 compiles a comprehensive report to recognize high-performing SaaS companies and products based on customer reviews from real software buyers.

“Potential buyers know they can trust these insights when researching and selecting software because they’re rooted in vetted, verified, and authentic reviews,” Sara Rossio, Chief Product Officer at G2, said in a December 2023 statement.

To date, there are over 200 Procurify reviews on G2 with an average rating of 4.6 out of 5. In recent years, Procurify has consistently ranked at the top of several categories including:

  • #1 Mid-Market Grid Report for Purchasing

  • #1 Results Index for Strategic Sourcing

  • Leader Grid Report for Procure to Pay

“The best procurement management system out there!” said one G2 user in the past, adding a five out of five review.

“Quick, easy-to-use interface, streamlines everything,” gushed another user.

The results revealed in the new Summer 2024 G2 report are similar for Procurify. While we maintained high praise in several of the same categories, there were a few new points of interest for our customers in the mid-market. To help you sift through the expansive results, here are three key takeaways from the latest G2 report.

Continued domination in the mid-market purchasing category

Our customers expect a high-performing product that will help control their spend. Quarter after quarter, Procurify’s procure-to-pay software has been the preferred purchasing platform for global medium-sized businesses. In the Summer 2024 G2 report, we ranked number one in eight different categories including:

  • Mid-Market Usability Index for Purchasing | Summer 2024

  • Mid-Market Results Index for Purchasing | Summer 2024

  • Mid-Market Relationship Index for Purchasing | Summer 2024

  • Mid-Market Grid Report for Purchasing | Summer 2024

What does this all mean? It reveals that our mid-market customers find value in the functionality of our procure-to-pay software, providing both ease of use and return on their investment.

We moved up in the Strategic Sourcing category

Our procure-to-pay software is not limited to purchasing. Part of Procurify’s end-to-end spend management solution is robust vendor management functionality to help mid-market companies make smarter sourcing decisions:

  • Negotiating better rates with vendors and suppliers

  • Creating cost-reduction strategies

  • Streamlining the onboarding process for new vendors

  • Creating a better documentation process to avoid compliance issues

For that, our customers voted us #1 in Results for Strategic Sourcing – up from #2 in the Spring 2024 G2 report. We take tremendous pride in helping our customers navigate their supply chain more efficiently.

Our customers love our robust feature set

It’s one thing to hold the #1 spot in Mid-Market Purchasing Software (and #1 in seven other categories but who’s counting?), but it’s another thing to hear it straight from the horses’ mouths. Reading the comments section on our G2 Review page provides us with honest feedback from our loyal customers and reinforces that we are helping them meet their purchasing and cost-saving goals.

“Procurify has greatly simplified the purchases I make for my company,” wrote one mid-sized customer in the chemicals field in May 2024. The customer highlighted:

  • The ease of PunchOut integrations with sites like Staples and Amazon

  • The ability to easily import existing vendors and suppliers into Procurify

  • The convenience of using our mobile app to snap photos of packing slips for record-keeping and compliance

“I use Procurify multiple times a day and I know that it has greatly improved the speed with which I receive my purchase orders and sped up the entire purchasing process across the company,” a customer in the chemical field added.

Another customer in the hotel space gushed in a May 2024 review about the ease-of use and time saved by ordering items from a catalog. When asked what they disliked about Procurify, the customer wrote:

“Nothing really… it makes every part from ordering and receiving to accounting so much simpler and more accurate and constant!”

Thank you to all our loyal customers who reviewed us – you inspire us to provide the best possible products and services.

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