SpendHQ Experienced More Than 31% Compound Annual Growth

SpendHQ 2019 Year in Review   

SpendHQ, the leading SaaS spend analysis solution created for procurement and sourcing leaders, announced today that it added 25 new clients in 2019 and experienced more than 31% compound annual growth over the past 3 years.

SpendHQ is now providing enterprise-level spend visibility spanning across industry verticals with global organizations in Biotechnology & Life Sciences, Financial & Insurance Services, Healthcare, Higher Education, Manufacturing & Industrial, Technology, and Telecommunications. SpendHQ will remain committed to providing procurement leaders with access to sourcing-caliber data in 2019, with the industry’s most intuitive user interface, enabling procurement professionals to do their jobs more effectively and with a greater strategic focus.

SpendHQ received numerous awards and recognition from some of the leading institutions in both the technology and procurement spaces in 2019. The Cloud Awards, recognizing excellence and innovation since 2011, recognized SpendHQ in both the Best SaaS Product for Business Intelligence or Analytics and the Best UX/UI/Design in a SaaS Product category in their annual SaaS Awards. Furthermore, SpendHQ was recognized as a finalist in Procurement Leaders, the world’s foremost procurement insight and peer networking company, in the Best Procurement Technology category in the 2019 World Procurement Awards.

Year in Review: 2019 at SpendHQ Infographic

About SpendHQ

SpendHQ is a spend analysis solution that provides rapid, accurate and detailed visibility into enterprise spend data. This full-service SaaS (software-as-a-service) spend analytics solution delivers actionable insight for sourcing and procurement professionals. With SpendHQ as your command center, you give procurement leaders inside your organization the power to impact the bottom line.

Recognized for innovation and industry impact in the procurement space, SpendHQ was named to the 2017 Red Herring North America 100 list and named the Best Big Data Reporting & Analytics Solution and Best Data Visualization Technology solution in the 2018 SIIA CODiE Awards. With SpendHQ at their fingertips, clients, ranging from Fortune 500s to mid-market companies, are finally able to see their enterprises spend clearly and drive savings confidently.

As a subsidiary of Insight Sourcing Group, SpendHQ is built by industry leaders with unmatched sourcing knowledge. Inc. Magazine has ranked Insight Sourcing Group among the fastest-growing private companies in America every year since 2008. In 2017, Insight Sourcing Group was also named the #1 Boutique Consulting Firm in the U.S. by Vault.com. To learn more about SpendHQ’s spend analysis solution and start taking control of enterprise spend data, request a custom spend analytics demo today.

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