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Blockpit VS Procurify

Compare Blockpit VS Procurify and see what are their differences

Blockpit

Keep track of your crypto portfolio & taxes in one place

Blockpit Landing page
Rating
0 reviews
Alternatives Is it good?
Procurify

Reinvent the way organizations spend to make the purchasing process more accessible, manageable and convenient.

Procurify Landing page
Rating
0 reviews
Alternatives Is it good?
Finblick
Salesforce-native accounting software for quotes, invoices, e-invoices (XRechnung, ZUGFeRD), DATEV integration, bank sync, and SEPA payments – no external tools needed. sponsored
Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Which is more popular?

Based on our record, Blockpit seems to be more popular. It has been mentioned 12 times since March 2021.

social mentions
12 vs 0
Fintech popularity
100% vs 0%
alternatives listed
175 vs 240+

Base details

Website, pricing, platforms and company facts side by side.

Blockpit
Procurify
Website blockpit.io procurify.com
Pricing —
Official pricing
Listed in
Crypto Fintech Cryptocurrencies Finance +1
Accounting Small Business ERP Procurement Management Procurement And Purchasing Accounting & Finance Accounts Payable +4

About Blockpit and Procurify

In their own words, as submitted to SaaSHub.

Blockpit
Procurify

No description of Blockpit yet.

Procurify enables maturing companies to be proactive about managing their spend culture by providing a combination of accessible data, convenient process and manageable controls. Procurify is the go-to spend management solution for mid-sized companies. Across the world, hundreds of companies use...

Read more about Procurify

Features and specs

What each product offers, as listed by its team.

Blockpit 6 features
Procurify 5 features
  • Comprehensive Tracking
    Blockpit offers comprehensive tracking of cryptocurrency transactions, ensuring accurate and detailed records for tax purposes.
  • Automatic API Sync
    The platform allows users to sync their transactions automatically via API integrations with multiple exchanges, reducing manual effort and potential errors.
  • Tax Reports
    Blockpit generates tax reports that comply with local regulations, simplifying the filing process for users.
  • User-friendly Interface
    The platform has an intuitive and straightforward interface, making it accessible even to those who aren’t tech-savvy.
  • Real-time Data
    Blockpit provides real-time tracking and updates on your cryptocurrency portfolio, allowing for timely decision-making.
  • Security
    The platform uses high-grade security measures to protect user data and privacy.

Possible disadvantages

  • Pricing
    Blockpit can be relatively expensive compared to other similar platforms, which might be a drawback for some users.
  • Limited Free Tier
    The free tier has limited functionalities, which may not meet the needs of all users.
  • Exchange Compatibility
    While Blockpit supports a variety of exchanges, it may not cover all exchanges, potentially requiring some users to input data manually.
  • Learning Curve
    Despite its user-friendly interface, new users might still require some time to fully understand all available features and functionalities.
  • Geographical Limitations
    Some features or tax report templates might be optimized for specific regions, limiting utility for users from other areas.
  • User-Friendly Interface
    Procurify offers an intuitive and easy-to-navigate interface that helps users quickly adapt to the platform, minimizing the learning curve.
  • Customizable Workflows
    The platform supports customizable approval workflows, allowing businesses to tailor the system to match their specific procurement processes.
  • Real-Time Analytics
    Procurify provides real-time insights and analytics, enabling users to make data-driven decisions, improve cost management, and track spending patterns.
  • Mobile App
    The mobile app extends the functionality of Procurify, enabling users to manage purchase orders, approvals, and expenditures on the go.
  • Integration Capabilities
    Procurify integrates with various accounting and ERP systems, facilitating seamless data flow and reducing manual data entry.

Possible disadvantages

  • Price
    For smaller businesses or startups, Procurify can be considered expensive, especially when additional features or integrations are required.
  • Complex Implementation
    Some users report that setting up Procurify can be time-consuming and complex, requiring significant effort to configure it according to their needs.
  • Limited Custom Reports
    While the platform provides analytics, the customization options for reports may sometimes be limited, restricting deeper analysis.
  • Customer Support
    Some users have indicated that the response time from customer support can be slow, affecting the resolution of urgent issues.
  • Feature Overlap
    For companies already using comprehensive ERP systems, Procurify’s features may overlap with existing functionalities, potentially leading to redundancy.

Analysis

An editorial look at what each product does well and who it suits.

Blockpit
Procurify

Overall verdict

  • Blockpit is generally regarded as a reliable and efficient tool for managing cryptocurrency taxes. Its ability to quickly and accurately process a large volume of transactions sets it apart in the tax software market.

Why this product is good

  • Blockpit is considered a good platform because it offers automated tracking of cryptocurrency transactions for tax purposes. It provides comprehensive reporting tools that help users comply with tax regulations. The platform supports integration with various exchanges and wallets, making it a versatile option for crypto investors. Users often highlight its user-friendly interface and the ease of generating tax reports.

Recommended for

    Blockpit is recommended for cryptocurrency investors and traders who need a streamlined solution for managing their tax obligations. It's particularly useful for those who engage in frequent trading or use multiple exchanges and wallets, as well as accountants who manage crypto portfolios for clients.

Overall verdict

  • Procurify is generally considered a good choice for businesses looking for a robust spend management solution, particularly those in small to medium-sized enterprises.

Why this product is good

  • Procurify is praised for its user-friendly interface, seamless integration capabilities, and effective features that help streamline procurement processes, reduce operational inefficiencies, and improve budget control. It offers a centralized platform for managing purchase orders, approvals, and expenses, which provides visibility into company spending and helps with better decision-making. Its cloud-based nature allows for anytime, anywhere access, further enhancing its appeal for distributed teams.

Recommended for

  • Small to medium-sized businesses
  • Organizations looking to improve their procurement and spend management processes
  • Teams needing a centralized platform for purchase order management
  • Companies that require integration with existing accounting and ERP systems
  • Businesses seeking to enhance budget control and operational efficiency

Videos

Walkthroughs and reviews on video.

Blockpit 4 videos + Add
Procurify 3 videos + Add

BITCOIN vs STEUERN - 2 Trackingplattformen im Vergleich. CoinTracking.info und blockpit.io im Test

More videos

  • Tutorial - How to migrate your Accointing data to Blockpit - Tutorial
  • Tutorial - Bitpanda Taxes Discount Promotion - Blockpit Tutorial 2023
  • Tutorial - Bitvavo Crypto Tax Reporting Made Easy - Blockpit Tutorial 2023

Procurify Complete Product Walkthrough - Request to Bill Process

More videos

  • Review - Why Procurify? - Procurify Solutions Overview
  • Review - Purchasing Made Ridiculously Simple | Procurify

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Blockpit
Procurify
100% 100%
Fintech
0% 0%
0% 0%
Procurement And Purchasing
100% 100%
100% 100%
Crypto
0% 0%
0% 0%
Accounting
100% 100%

User comments

Share your experience with using Blockpit and Procurify. For example, how are they different and which one is better?

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Reviews and articles

External articles and on-site reviews we used to compare the two products.

Blockpit no reviews yet
Procurify no reviews yet
  • 15 Best Koinly Alternatives 2022
    rigorousthemes.com · Oct 2022

    Blockpit is a crypto tax tool like Koinly that lets you calculate crypto taxes for your entire portfolio. This software is worth considering as it is fast, reliable, and 100% compliant. Full compliance is what makes...

  • Top 9 Procurement Tools for SMBs (2024)
    geekflare.com · Jan 2024

    Procurify also supports creating a workflow for automating and tracking every purchase journey step. You can also set purchasing permission based on department and location. The ability to sort all orders for a vendor...

  • 10 Best Procurement Management Software Tools in 2023
    clickup.com · Sep 2023

    Procurify is one of the most user-friendly and best tools for procurement teams. With Procurify, you get real-time visibility into all business processes, spend, and supplier management solutions all in one place.

Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

Blockpit 12 mentions
Procurify 0 mentions
  • Experience with crypto tax software?
    I am part of the Blockpit team - a crypto tax software startup based in Austria (https://blockpit.io/). We are dedicated to enhancing our product based on valuable feedback from savvy crypto users, especially from the UK. Source: over 3 years ago
  • Taxes help
    Some options are https://blockpit.io and lila’s ledger https://dfkreport.cognifact.com/. Source: over 3 years ago
  • Hey guys, found this resource for bitpanda users and thought it might help some of you out!
    Maybe if you don't know it already give it a try :) blockpit. Source: about 4 years ago

View more

Tracking Procurify since Mar 2021.

Alternatives to Blockpit and Procurify

When comparing Blockpit and Procurify, you can also consider the following products.

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