Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Introducing a comprehensive procurement application designed for teams that excel at multitasking. This solution integrates budget oversight, procurement processes, and spending insights into a single platform. It simplifies financial management for budget holders and their support teams, eliminating the hassle of juggling requests from various channels like email, Slack, or Jira. With intuitive workflows, the purchasing process becomes seamless and user-friendly. Gather all requests in one centralized location, utilizing a singular workflow that feels conversational by posing a few questions at a time. Vendors and contracts can be incorporated immediately or at a later date, allowing for flexibility. As you navigate through transactions, you can build and modify purchase plans from the ground up. The approval process can engage multiple departments including procurement, IT, legal, and finance, ensuring that all relevant parties are included through adaptive workflows. This way, collaboration is enhanced, making the entire procurement experience more efficient and responsive.
Description
biosuite is procurement and spend management software for small and growing biotech companies. It connects contracts, purchase orders, approvals and invoices so R&D, finance and budget owners see committed spend, invoiced spend and remaining value in one view.
Biotech external spend often starts with a CRO agreement, CDMO agreement or consulting SOW. biosuite uses AI-assisted reading to extract financial data, then links contract value, amendments and change orders with POs and invoices that follow. Structured PO approvals and invoice-to-PO matching with receipt confirmation add financial control. Budget owners access their own spend data without going through finance or an ERP.
Spend can be viewed by contract, programme, department or vendor and exported to CSV or Excel. The Advanced plan adds 3-way matching and ERP-mapped export. A free Starter plan is available with no time limit.
API Access
Has API
No
API Access
Has API
Yes
Integrations
Amazon Web Services (AWS)
Yes
Google Cloud Platform
Yes
Microsoft 365
Yes
Microsoft Excel
Yes
NetSuite
Yes
QuickBooks Online
Yes
Sage Intacct
Yes
Integrations
Amazon Web Services (AWS)
No
Google Cloud Platform
No
Microsoft 365
No
Microsoft Excel
No
NetSuite
No
QuickBooks Online
No
Sage Intacct
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$0
The Starter plan is free with no time limit and includes 3 team members. Additional users cost €14/month each.
The Professional plan is free for the first 3 months, then €198/month. It includes 3 team members, 30 invoices and 15 purchase orders per month. Additional users are €14/month each, and additional documents cost €4 each.
The Advanced plan uses custom pricing.
The Professional plan is free for the first 3 months, then €198/month. It includes 3 team members, 30 invoices and 15 purchase orders per month. Additional users are €14/month each, and additional documents cost €4 each.
The Advanced plan uses custom pricing.
Free Trial
Yes
Free Version
Yes
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Trace
Founded
2017
Country
United States
Website
www.tracehq.com
Vendor Details
Company Name
biosuite ApS
Founded
2026
Country
Denmark
Website
biosuite.io/
Product Features
Budgeting
"What If" Scenarios
No
Asset Planning
No
Balance Sheet
No
Capital Asset Planning
No
Cash Management
No
Consolidation / Roll-Up
No
Forecasting
No
General Ledger
No
Income Statements
No
Multi-Company
No
Multi-Department / Project
No
Profit / Loss Statement
No
Project Budgeting
No
Run Rate Tracking
No
Version Control
No
Spend Management
Approval Workflow
No
Budgeting / Forecasting
No
Expense Tracking
No
Multi-Currency
No
Prepaid Cards
No
Procurement Management
No
Receipt Management
No
Spend Analysis
No
Spend Control
No
Supplier Management
No
Product Features
Procurement
Asset Management
No
Auction Management
No
Bid Management
No
Budget Management
Yes
Catalog Management
No
Contract Management
Yes
Inventory Management
No
Invoice Processing
Yes
PunchOut
No
Purchase Order Management
Yes
Receiving
No
Requisitions & Approvals
Yes
Sourcing Management
No
Spend Management
Yes
Supplier Management
Yes
Spend Management
Approval Workflow
Yes
Budgeting / Forecasting
No
Expense Tracking
Yes
Multi-Currency
Yes
Prepaid Cards
No
Procurement Management
Yes
Receipt Management
Yes
Spend Analysis
No
Spend Control
Yes
Supplier Management
Yes