SpendHQ Named to 2015 Red Herring Global 100

Spend visibility software joins the ranks of past Red Herring winners like Salesforce.com and LinkedIn 

ATLANTA, November 20, 2015—SpendHQ has been named to the 2015 Red Herring Global 100 list, establishing the SaaS spend visibility solution as one of the most exciting and innovative technologies in the world. SpendHQ Vice President Darren Shipp and Development Manager Andrew Kim accepted the award on behalf of the company on Nov. 19, while attending the annual Red Herring 100 Global summit in Los Angeles. Past Red Herring 100 recipients include Groupon, Hubspot, Salesforce.com and LinkedIn.

“This recognition is further proof that we have created a special technology that solves a real-world problem for our users in the procurement and strategic sourcing space,” said Shipp. “I am thrilled to present this to our team in Atlanta and show them proof that all of our hard work and dedication is shaking up our industry.”

SpendHQ was awarded a spot on the Red Herring 100 North America list in June. As a North America winner, the firm was invited to apply for the Red Herring 100 Global award, along with the winners from Europe and Asia. SpendHQ was short-listed among 226 finalists and selected to present at the Global 100 summit, where the winners were awarded based on their final presentations before a panel of judges.

SpendHQ is a sister company of the highly acclaimed procurement consulting firm Insight Sourcing Group.

“We feel further validated by this global recognition,” explained SpendHQ and Insight Sourcing Group founder and CEO Tom Beaty. “We live and breathe strategic sourcing. Unlike our competitors, whose backgrounds range from marketing to technology, our solution was born and bred from real-world procurement challenges. No one understands the space like we do, because you can’t build, code, or manufacture decades of experience. That’s why procurement professionals love SpendHQ.”

SpendHQ has also been recognized among Atlanta’s fastest-growing private companies by the Atlanta Business Chronicle, which recently listed the company on its annual list of “Pacesetters.” Insight Sourcing Group and SpendHQ were also recognized on the Atlanta Journal-Constitution’s list of Top Workplaces, ranking first overall in the small workplace category. Furthermore, Insight Sourcing Group was recently ranked by Vault.com as the #1 boutique consulting firm in the country for the second consecutive year.

For more information, contact:
Mandy Glidewell, Marketing Manager at SpendHQ

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