Spendkey is a holistic and modern spend management solution that provides organisations with complete spend visibility and seamless reporting. It helps you take a deep dive into your procurement spend and vendor relationships across the board. The automated software is equipped with artificial intelligence and machine learning, saving you from spending several days behind spend analytics. From gathering all your spend data onto a centralised platform and cleaning it to grouping it into suitable categories and creating extensive reports, Spendkey takes care of almost every step that goes into comprehensive spend management.

Spendkey is a holistic Spend Intelligence Platform helping businesses make fast, informed, data-driven spending decisions. Spendkey’s automated spend management solution, built on modern AI technology combines both data transformation and analytical capabilities to transform vast amounts of internal data into actionable insights thereby saving you from spending several days in conducting a detailed spend analysis. From effortlessly ingesting your spend data from any system, language, format, or currency, enriching it with secondary web-sourced information to cleaning and grouping the data into suitable categories and creating extensive reports, Spendkey takes care of almost every step that goes into comprehensive spend management. Along with providing you with detailed visibility into your spend data, Spendkey also helps you improve your supplier relationships. It gives you detailed view about your supplier landscape, ongoing contracts, and supplier performance. Spendkey also allows you to categorise your spend according to the suppliers you work with, thereby letting you explore opportunities to optimise your supplier landscape ad make better negotiations. With Spendkey, you obtain detailed insights of your company’s spend habits, spend trends, including granular level insights into spend by categories, spend by departments, spend by suppliers, spend by business location etc. within a few seconds. Also, Spendkey helps you clearly identify tail spend (low value, high volume transactions) and explore ways of controlling the same. Spendkey’s unique value proposition include: ∙It is a fully automated SaaS platform. ∙Delivers spend reporting accuracy levels of 99.8% ∙Provides the ability to use client’s preferred spend taxonomy that can go up to 6 levels of granularity. Spendkey’s modern spend management software is very cost effective and easy to implement. It is ideal for any business leader including finance and procurement leaders seeking to boost their company’s savings and make wiser spend decisions.