Payhawk vs Procurify: Features, Coverage and Pricing Compared (2026)
Updated November 11, 2026 · Reviewed by Benjamin Margolis
Payhawk and Procurify both bring purchase requests, approvals, and supplier bills into one platform. Payhawk starts from company cards and expenses and adds procurement. Procurify starts from purchasing and adds accounts payable, expenses, and a spending card.
Our analysts compared the two on November 11, 2026, using each company's own product, pricing, and company pages and our full reviews of Payhawk and Procurify.
Choose Payhawk if
- you want cards at the center of the platform
- you run several legal entities in Europe
- you want posted module prices
Choose Procurify if
- you want purchase approvals first
- you run NetSuite, Sage Intacct, or Dynamics 365
- you want invoices matched to purchase orders
Payhawk scores 81 and Procurify scores 73 in our ratings. Payhawk fits teams that start from cards. Procurify fits teams that start from purchase orders.
Key Features Compared
Payhawk vs Procurify at a Glance, November 2026
| Feature |  Payhawk |  Procurify |
|---|---|---|
| Ratings | ||
| Fintech Index score | 81 / 100Higher score | 73 / 100 |
| Overview | ||
| What it is | Spend-management platform that issues company cards, captures receipts, pays supplier invoices, and syncs spending to accounting | Procurement and spend-management platform that takes purchase requests, approvals, purchase orders, bills, and expenses through one workflow |
| Who uses it | Mid-market and enterprise finance teams across Europe and North America that run several legal entities; more than 6,000 customers | Mid-market finance and operations teams in technology, nonprofit, healthcare, education, and manufacturing |
| Main products | Payhawk Visa cards or linked Visa, Mastercard, and American Express cards, expenses, accounts payable, procurement, travel, multi-currency accounts, and AI agents | Purchase requests, approvals, purchase orders, receiving, vendor management, accounts payable automation, bill payments, expense reports, and a spending card |
| Where it operates | Europe and North America | North America and beyond, with ERP connections |
| Products and features | ||
| Company cards | Physical and virtual Visa cards with limits | Spending card as an add-on |
| Invoicing and bookkeeping | Receipts, invoices, and approvals synced to accounting | Invoice matching to purchase orders |
| Deposit guarantee | Not a bank account | Not a bank account |
| Pricing | ||
| How pricing works | Starting prices per module: Cards and Expenses from $449 a month, Accounts Payable from $349, Procurement from $499, and Travel from $299; the bundled plan is quoted | Quote built around products, add-ons, users, and integrations |
| Published prices | Starting price for each module postedStarting prices posted | Prices are quoted |
| Technology and compliance | ||
| Licenses and account protection | Accounts are not covered by deposit guarantee schemes | Software vendor; SOC and privacy certifications; cards are provided with partners |
| Apps and API | API and custom exports | API and punchout catalogs |
| Integrations and partners | More than 40 ERP, accounting, and HR systems | NetSuite, Sage Intacct, Microsoft Dynamics 365, QuickBooks Online and Desktop, Amazon Business, and Staples |
| Onboarding and support | Customer success team and help center | Customer experience team and a guided implementation program |
| Company | ||
| Founded | 2018 | 2013 |
| Headquarters | London, United Kingdom, with its largest team in Sofia, Bulgaria | Vancouver, British Columbia, Canada |
| Ownership | Private spend management software and card issuer | Private procurement and spend management software |
| Funding | Approximately $239M, including a Series B of ~$112M led by Greenoaks and a $100M extension led by Lightspeed Venture Partners in March 2022, with QED Investors, Earlybird, and Bek Ventures | Approximately $70M in its two largest rounds: a $50M Series C led by Ten Coves Capital in 2023 with Export Development Canada, and a Series B of ~$20M in 2019 led by Information Venture Partners |
| Key leader | Hristo Borisov | Chad Gaydos |
| Scale | More than $100M in annual recurring revenue (July 2026); approximately $239M raised | Teams on the platform run more than $100B through it; approximately $70M in its two largest funding rounds |
Fintech Index Scores Compared
We rate every company on eight criteria from 0 to 100, four tied to what buyers in its sector need and four shared by every company, and the rating is their average. Payhawk scores 81 and Procurify scores 73.
Criterion Scores Out of 100
Key Differences Between Payhawk and Procurify
Starting Point
Payhawk starts with cards and expenses at $449 a month and adds Procurement from $499. Procurify starts with purchasing and prices by quote.
Integrations
Payhawk connects to more than 40 ERP, accounting, and HR systems. Procurify connects to NetSuite, Sage Intacct, Microsoft Dynamics 365, QuickBooks, and punchout catalogs from Amazon Business and Staples.
Company
Payhawk has raised approximately $239M and passed $100M in annual recurring revenue. Procurify has raised approximately $70M in its two largest rounds and says its teams run more than $100 billion through it.
Pros and Cons
Payhawk
Pros
- Cards, expenses, and invoice payments in one product
- More than 40 accounting and ERP connections
- Multi-currency accounts for European teams
- AI agents chase receipts and route approvals
Cons
- The bundled plan and larger programs are quoted by sales
- Module-based contracts add up when several modules are used
- Not a bank account
Procurify
Pros
- Purchase approvals before the money is spent
- Matches invoices to purchase orders
- Deep ERP connections
- Ranked first for mid-market purchasing software on G2
Cons
- Pricing is a quote
- Add-ons raise the total
- Cards are not the focus
Who Each Is Best For
Payhawk
Mid-market and enterprise finance teams with several legal entities that want cards, expenses, bills, and purchase orders in one platform
Procurify
Mid-market finance and operations teams that want every purchase requested, approved, and matched to a bill
Alternatives to Payhawk and Procurify
These companies, all reviewed and rated on The Fintech Index, cover some of the same ground as Payhawk and Procurify.
Other Spend Management Companies
| Company | Score | Best for | Comparisons |
|---|---|---|---|
| Spendesk | 74 | European finance teams that want approvals before purchases | Payhawk vs Spendesk |
| Pleo | 79 | European teams that want quick card setup at a posted price | Payhawk vs Pleo |
| Moss | 77 | European finance teams that want month-end automated | None yet |
Frequently Asked Questions
Does Procurify publish prices?
No. Procurify builds a quote around products, add-ons, users, and integrations.
Which starts with purchasing?
Procurify starts with purchase requests and purchase orders.
Does either replace a bank account?
No.
Sources
- The Fintech Index analysis of Payhawk and Procurify, conducted November 2026 (As of November 11, 2026)
- Payhawk pricing: https://payhawk.com/pricing (As of November 11, 2026)
- Payhawk about page: https://payhawk.com/about (As of November 11, 2026)
- Payhawk $100M ARR announcement, July 2026: https://payhawk.com/blog/news-payhawk-passes-100m-arr (As of November 11, 2026)
- Sacra, Payhawk revenue and funding: https://sacra.com/c/payhawk/ (As of November 11, 2026)
- Procurify pricing: https://www.procurify.com/pricing/ (As of November 11, 2026)
- Procurify home page: https://www.procurify.com/ (As of November 11, 2026)
- Procurify about page: https://www.procurify.com/about/ (As of November 11, 2026)
- Procurify Series C announcement: https://www.procurify.com/press_release/procurify-raises-50m-series-c/ (As of November 11, 2026)
- Procurify chief executive announcement, January 2025: https://www.procurify.com/press_release/procurify-appoints-chad-gaydos-as-ceo/ (As of November 11, 2026)
- BetaKit, Procurify Series B: https://betakit.com/procurify-raises-26-million-cad-series-b-for-spend-management-solution/ (As of November 11, 2026)