BusinessBid 2026: Benefits, Features & Pricing

Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee.

How Software Advice ensures transparency

Software Advice lists all providers across its website—not just those that pay us—so that users can make informed purchase decisions. Users can talk to our advisors for free to receive software recommendations matching their needs. Software providers pay us for sponsored profiles to reach users interested in their products.

How Software Advice verifies reviews

Software Advice carefully verified over 2 million reviews to bring you authentic software experiences from real users. Our human moderators verify that reviewers are real people and that reviews are authentic. They use leading tech to analyze text quality and to detect plagiarism and generative AI.

Independent research methodology

Researchers at Software Advice use a mix of verified reviews, independent research, and objective methodologies to bring you selection and ranking information you can trust. While we may earn a referral fee when you visit a provider through our links or talk to an advisor, this has no influence on our research or methodology.

Wondering if BusinessBid is right for your organization?

Our Procurement Software selection experts can help you in 15 minutes or less.

On this page

Overview
Pricing and Plans
Features
User Reviews

Overview

BusinessBid

4.7

(16)

Pricing

Starting at $1,000.00 per year

About BusinessBid

BusinessBid is a cloud-based end-to-end eProcurement solution designed to help small to midsize businesses automate the entire procurement lifecycle and achieve bottom-line savings. Key features include eSourcing, procure-to-pay, contract management, supplier and inventory management.

BusinessBid helps users create requisitions and send notifications to stakeholders for approvals. The solution is customizable to fit business' requirements and can be remotely accessed using mobile devices.

BusinessBid Screenshots

BusinessBid Pricing and Plans

Starting price: $1,000.00 per year

Free Trial

Free Version

Basic

$1,000.00

per year

No plan information available

Confused about pricing? We've got you covered.

Get a personalized pricing breakdown tailored to your specific needs—no guesswork, no generic estimates.

BusinessBid Features

Popular features found in Procurement
Budgeting/Forecasting
Catalog Management
Contract/License Management
Inventory Management
Invoice Processing
Purchase Order Management
Sourcing Management
Spend Management
Vendor Management
More features of BusinessBid
Access Controls/Permissions
Activity Dashboard
Alerts/Notifications
Bid Management
Collaboration Tools
Compliance Management
Customizable Templates
Data Visualization
Order Management
Order Tracking
Procurement Management
Purchasing Reports
Requisition Management
Spend Analysis
Supplier Management
User Management
Workflow Management

BusinessBid User Reviews

Overall Rating

4.7

Ratings Breakdown

69%

31%

Secondary Ratings

Ease of Use

5.0

Value for money

4.7

Customer support

4.9

Functionality

4.5

Have you used BusinessBid and would like to share your experience with others?

Mahmoud G.

Verified reviewer

Information Services

11-50 employees

Used monthly for less than 2 years

Review source

Reviewed May 2023

Highly recommended

Totally satisfied from the services provided by BusinessBid

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Request for proposal, how easily you can build your RFP and assign the suppliers, make them respond to your RFP

Cons:

Maybe the workflow should have more dynamic options

Reasons for choosing BusinessBid

Cost effective, easy to use, very friendly and supportive team

Ed W.

Verified reviewer

Retail

1001-5000 employees

Used weekly for less than 6 months

Review source

Reviewed May 2023

A no brainer for our business

We reviewed BusinessBid alongside two other US-based software providers. BusinessBid had the most compelling demo, provided the greatest level of responsiveness, and very importantly provided the least "pressure-y, car salesman" sales pitch. From the start they presented themselves as a company worth partnering with.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The team at BusinessBid is incredibly responsive and has made me feel as if we have a dedicated concierge assisting us with implementation. The software is simple to use and loaded with features. We sourced this software specifically for running reverse auctions but the supplier management and RFP tools are equally capable. It's extremely intuitive and easy to get suppliers onboarded and ready to participate in auctions. It's realistic to expect that you can onboard the software on a Monday, invite suppliers on a Tuesday, run a couple practice auctions on Wednesday for the benefit of the suppliers, do the real thing on Thursday, and take Friday off!

Cons:

I haven't encountered any cons. The price is fair and the overall value proposition is lightyears ahead of other providers.

Reasons for choosing BusinessBid

The software seemed most capable and the pricing model was much more conducive to a company testing the waters with reverse auctions

Clarisse J.

Verified reviewer

Chemicals

51-200 employees

Used monthly for more than 2 years

Review source

Reviewed November 2021

BusinessBid offered a great alternative to the larger platforms available today

BusinessBid was a pleasure to work with. At the time I reached out, their platform did not offer what I needed but they were willing to spend time and understand what I needed and delivered quickly. Not only did they deliver quickly, but they helped train our suppliers and users, created manuals and actively participated in the RFP process throughout to ensure any hiccups were addressed promptly. Their service was excellent.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

This software allowed me to issue a large scale raw materials RFP comprised of over 1200 raw materials and 55 suppliers with minimal training while reducing my workload considerably. BusinessBid really worked with me to understand what I needed and customized the platform almost exactly as I needed it.

Cons:

The platform sometimes requires too many clicks to get to a certain page or place but frankly, that's based on what we collectively designed and can always be improved upon later.

Reasons for choosing BusinessBid

They provided me with exactly what I needed for a very reasonable cost. Most companies were unwilling to develop beyond what they had already produced and they were much more expensive.

Jegan S.

Verified reviewer

Food & Beverages

2-10 employees

Used daily for less than 2 years

Review source

Reviewed July 2020

Summary

Very fast, robust team. They helped me scale the business.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The client and supplier interactions are very easy.

Cons:

Nothing much that i can write about at the moment.

Reasons for choosing BusinessBid

It had better features. THis is a very practical software in our line of business.

Michael J.

Verified reviewer

Information Technology and Services

11-50 employees

Used daily for less than 2 years

Review source

Reviewed February 2025

Efficient and affordable eProcurement system

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Their eProcurement system very efficient and strong, user friendly interface and easy to use. Im using their system around 1 n half year and till now there is no issues. Im recommending business bids to everyone.

Cons:

i didnt face any issues yet, everything is so damn good till now

Sharon S.

Verified reviewer

Renewables & Environment

11-50 employees

Used monthly for less than 12 months

Review source

Reviewed November 2024

BusinessBid review

Overall, it was a great experience working with BusinessBid. They went above and beyond to support us, especially during critical last-minute requests. Their dedication and problem-solving approach left a positive impression.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Their tech team stands out for being highly supportive and adaptable. They are extremely flexible and accommodating, always willing to implement the requests we bring to them, no matter how specific or last-minute they may be. This level of responsiveness has been invaluable.

Cons:

This is less about BusinessBid itself and more about a shortcoming on our side. We didn’t allocate enough time upfront to thoroughly analyze our forms and determine whether they could be fully replicated within the platform. To maximize the platform’s potential, we would have needed sufficient time and a focused effort on fully customizing our forms with the assistance of their tech team.

Ahmed A.

Verified reviewer

Financial Services

1001-5000 employees

Used daily for less than 12 months

Review source

Reviewed May 2023

Practical perfect software

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Service, coordination and response time.

Cons:

Noting to be mentioned, they are very good

Wajahat A.

Verified reviewer

Civil Engineering

501-1000 employees

Used daily for less than 2 years

Review source

Reviewed May 2023

Best and user friendly

it is good

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Easy use and convenient product which allow us to use frequently.

Cons:

still few additions may make a superior product and value added

Muhammad T.

Verified reviewer

Building Materials

51-200 employees

Used daily for less than 6 months

Review source

Reviewed April 2022

Recommended online procurement tool for mid size companies

Their support team is very cooperative as they offered custom solutions for some of our company process issues. The good thing is they are still adding more features to the tool and the existing user don't have to pay extra for new features.

Ratings Breakdown

Ease of use

Functionality

Pros:

I helped my company to choose and implement this tool for our procurement process. Initially, we use basic parts like generating RFQ and RFI but later we were amazed by how easy to organize our supplier and products database in this tool. They have more advanced features like Auctions and invoicing but we never used them.

Cons:

I think there is still a lot more they can do with their tool, especially if they should build a mobile app for it. Right now I think there is no easy on click integration available with other tools, especially with any accounting software.

Omer A.

Verified reviewer

Airlines/ Aviation

501-1000 employees

Used daily for less than 12 months

Review source

Reviewed December 2021

Easy to Use