SPEND INTELLIGENCE
Unwavering Trust in Procurement Spend with Spend Analytics
Leverage AI-powered Spend Intelligence to organize, cleanse, and analyze your procurement data, delivering actionable insights and automating impactful reporting.
Simplify Complex Spend with Confidence
As companies grow, so does the complexity of their spend cubes. Let SpendHQ simplify your data chaos – the more complex the better.
When Spend Isn’t Managed Properly
Each year, companies lose over $1T in savings due to corporate spend not properly managed by Procurement teams.
Under Management
With messy and unstructured data, Procurement leaders often lack the foundational elements required to set a course with confidence.
Guaranteed
With SpendHQ, teams finally have reliable spend data analytics and can make decisions with confidence.
KEY FEATURES OF SPEND ANALYTICS
Bring Us Your Spend Data. The Messier, the Better.
Spend Intelligence combines AI-enabled spend data aggregation, cleansing, and categorization with a powerful, flexible backend that automates insights and reporting.
Restore Trust in Your Data Spend
Tap into our decades of procurement expertise for accurate vendor, category, and transaction insights – so you can make smarter, faster decisions.
SpendHQ combines AI categorization and industry expert review to deliver 98% categorization. Guaranteed.
Automate the Insights You Need
Spend Intelligence automatically delivers clear, actionable insights on key priorities – cutting through the noise to help you stay agile and ahead of the curve
Gain comprehensive, enterprise-wide spend visibility to analyze trends, drill-down, and easily compare data.
Easily Manage Suppliers & Contracts
Spend Intelligence helps procurement teams proactively manage expiring contracts, identify consolidation opportunities, and drive greater value.
Manage Risk & ESG
With Spend Intelligence, teams can easily execute strategy and deliver on goals related to ESG, risk reduction, compliance, and more.
Get visibility into supplier performance, risk categories, diversity, and more.
SpendHQ combines AI categorization and industry expert review to deliver 98% categorization. Guaranteed.
Gain comprehensive, enterprise-wide spend visibility to analyze trends, drill-down, and easily compare data.
Get visibility into supplier performance, risk categories, diversity, and more.
Most Loved Features – FAQs
How customizable are the data views?
With Spend Profiles, you can easily drill-down into spend, categorized to your custom sourcing-level taxonomy.
How are insights delivered in the tool?
Spend Intelligence automatically presents insights across key focus areas – cutting through the noise to be more agile and proactive.
What about supplier data?
With Spend Intelligence, you can access insights into your suppliers, including new and favorited suppliers, and create watchlists to monitor spend anomalies proactively.
How does Spend Intelligence help with supplier compliance?
With better management of your preferred supplier program, teams can reduce rogue spend and identify opportunities to drive savings and value.
What is Spend Analytics?
Spend analytics unlocks the power of your organization’s expenditure data, revealing spending patterns, uncovering cost-saving opportunities, enhancing efficiency, and driving smarter procurement strategies.
Seamless Integrations for Effortless Workflows
With 40+ custom product integrations – more than any other provider – SpendHQ can easily plug-and-play into procurement teams’ existing workflows.
- No Disruption
- Immediate Results
- Happy Team
“We had a number of mergers and acquisitions that we went through with different ERP systems linked to one another spitting out hybrid data that didn’t align. We [used SpendHQ] to clean up our internal data for internal stakeholders as well as external use.”