Your enterprise procurement platform to scale dynamically on-demand

Make the linguist payment process fast and easy with ONE contract and ONE invoice for all your suppliers on Smartcat.

Payments - Smartcat payments

Trusted by:

1

invoice for all suppliers

$0

transaction fees

150+

countries

38+

currencies

How automated payments work

Add payees

Simply upload a spreadsheet with your suppliers’ email addresses.

Smartcat creates invoice

Once you upload your supplier email address spreadsheet, Smartcat automatically generates a single invoice for all payees.

Pay your invoice

In just a few clicks, confirm that all payment details are correct and pay one invoice for all your suppliers.

Smartcat processes payment

Smartcat automates the exchange rate process, so you can pay in your own currency via the linguist’s preferred method.

Your digital procurement platform for linguists is here

Move on from time-consuming, manual payroll supplier management with Smartcat

Why Smartcat?

Smartcat’s all-in-one supplier procurement software does the compliance, legal, and payment work for you, so you don’t have to

One invoice for all suppliers

Smartcat takes care of the details so you can pay up to hundreds of suppliers with ONE invoice.

$0 bank transfer fees

Pay via bank transfer for $0 transaction fee. You can also pay via PayPal or credit card for a small processing fee.

Anyone, anywhere in the world

Smartcat is your only counterparty, so you can pay suppliers anywhere in the world on any continent.

An email is all you need

With Smartcat, you don’t need to request and manage each supplier’s sensitive data, such as bank details. Simply provide their email address and Smartcat handles the rest.

Smartcat is not just a translation database but an actual Translation Management System for everything related to translation work. We now have clear visibility of our costs, workload, and status of translation work instantly. This is a game-changer compared to the manual and lengthy processes we used to have.

Michelle Quirke

Program Engagement Manager at Topcon

Pay suppliers in a few clicks with Smartcat

Frequently Asked Questions

How do I choose a procurement software provider?

When choosing a type of procurement software, it is a good idea to analyze and identify your company’s procurement needs and benchmark possible providers against this list. For instance, you may require a linguist marketplace of translators, editors, and agencies; the ability to onboard them; contractual and legal coverage; and invoicing, accounting, and payment features. It is also important to gauge the procurement platform in action. A leading provider should be happy to provide a free trial period, which can give you a strong idea of how suitable the procurement software is for your needs.

What are the different types of e-procurement?

The different types of e-procurement (electronic procurement or supplier exchange) are e-tendering, e-auctioning, e-informing, e-purchasing, e-ordering, e-invoicing, e-contract management, catalog management, and vendor management.

What are the main functions of e-procurement systems?

E-procurement allows organizations to hire and manage service or goods suppliers online. An e-procurement system typically includes features that are made possible as they are online, to optimize the overall procurement process. These include supplier onboarding and contractual requirements, management, and payment. It may also include a common workflow environment, so companies and suppliers can work together and communicate.

What does procurement software do?

Procurement software enables organizations to optimize their entire supplier lifecycle, from sourcing to payment processing. It does this by using automation to assist supplier sourcing and onboarding, analyze supplier budgets and expenditure, standardize the purchasing process, and manage supplier invoices and payment.

What are the features of a good procurement software?

A good procurement software solution should provide the following 11 features:

  1. Ease of use

  2. Speedy setup

  3. Ease of integration with third-party software

  4. Ease of user accessibility

  5. Supplier lifecycle management

  6. Budget management

  7. Expense analysis

  8. Facilitates communication

  9. Simplified, efficient workflow

  10. Data-driven and able to generate data-rich reports

Unified, all-in-one platform

How does e-procurement reduce costs?

E-procurement reduces costs in various ways. These include reducing or eliminating duplicate expenditure; uses automation to eliminate manual, time-consuming tasks and human error; supports optimal vendor relationship management, which in turn improves supplier retention rates; supports ongoing budget and expense analysis; centralizes expense management, which improves accounting visibility; and helps drive spending behavior and trend understanding for improved purchasing decision making.

What are the benefits of procurement software?

Procurement software helps organizations to get the most out of their supplier investment. It centralizes supplier budget and financial performance analysis to assist in more refined, sharper, informed financial decision making and identifies areas of weakness in the supplier chain and supplier network to be addressed. It also provides an essential means for organizations to manage their supplier relationships and maintain them in an optimal way that is conducive to business growth. 

Leading procurement software platforms also support workflow efficiency and help organizations to address many challenges by unifying the supplier chain in one centralized software solution. These challenges include compliance, legal and contractual requirements, and supplier payment.

How do I manage procurement processes online?

A leading e-procurement platform provides the foundation and support that organizations need to manage procurement processes online. It uses automation to take care of the steps in the supplier chain, including sourcing, onboarding, contracts, workflow management, invoicing, and payment processing.

What is integrated procurement?

An integrated procurement system (IPS) is a type of procurement software that brings all the steps in the procurement process together, from procure to pay. At its core, an IPS automates many of the steps along the supplier lifecycle and supports optimal communication between an organization and their suppliers.

What is the difference between sourcing and procurement?

“Procurement” and “sourcing” are often used interchangeably, but there is an important difference. The sourcing of external suppliers refers to the process of identifying the right service or goods provider. Supplier procurement refers to the streamlining of the sourcing process, including negotiating terms and conditions, such as fees and turnaround times.

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