We’ve been listening to the frustrations of spend analysis practitioners for nearly two decades. They want freedom to map and explore data in new ways, to gain better insights and get to the next level of savings. Spendata is lighter, faster, inexpensive, and more adaptable to the way you want to work — with more power than you’ve imagined possible. And, there’s no need to replace your current tool set. Spendata works independently as an exploratory tool that extends your capabilities.

Take control of your data

Reaching the next level of savings requires a new level of agility. Dashboards and BI tools won’t help. You’ll need new data dimensions and new data mappings. You’ll want to link to invoice, PO, or requisitioner-level data. With Spendata you can easily accomplish all of the above, and more — and end up with a repeatable analysis that can be refreshed and modified over time.

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Get value fast

Whether it’s millions of transactions from a string of portfolio companies or invoices from a single vendor, spinning up a new analysis is quick and easy, not tedious and expensive. Spendata users move from raw data to insight in minutes. Can you afford not to do this?

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Empower the organization

Custom analyses by commodity managers and analysts can generate real value. But changes to a shared cube become obsolete when the cube is updated. Not so with Spendata — user changes to shared cubes are automatically preserved and seamlessly merged with the refreshed cube. Now the entire organization can produce and maintain custom analyses that stay fresh with the latest information.

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Turbocharge your existing system

Run Spendata right alongside it.
Existing systems have value and replacing them can be disruptive and expensive. Spendata can deliver the advanced capability you’re missing without disrupting anything. Existing IP can be moved over seamlessly using Spendata’s RER (reverse-engineering of rules) capability. With our unique inheritance feature, your Spendata-based analyses can be refreshed from the existing system whenever you like, without losing any of your work.

Not just one cube — many cubes

Insights come from targeted analysis.

Best practices for spend analysis have evolved beyond the concept of an all-in-one cube. The more agile approach is to create multiple cubes for multiple purposes. There is little point in lumping purchasing card spending together with AP spending; and no point at all in struggling to address the conceptual mismatch between AP data and commodity-specific invoice-level data.

With Spendata, firing up a new analysis cube for any purpose is done quickly and easily. There’s value to be found everywhere — from joining together disparate AP data during post-merger integration, to identifying overcharges at the price X quantity level.

Eliminate onboarding risk

It's easy, safe, and inexpensive to run Spendata.
With Spendata, the usual issues associated with onboarding a new system disappear.
 
  • There is no data security issue because your data never leaves your machine and is never transmitted anywhere. You will never have a shorter security review meeting.
  • There is no GDPR, HIPAA, or other data privacy issue because your data never leaves your machine and is never transmitted anywhere.
  • Spendata is easy to use, so time-to-value is short. Over 100 quick videos illustrate both basic use and advanced concepts.
  • Help is just a phone call away. Any mix of DIY and services is on the table.
  • At $699, there is no budgetary impact. You can evaluate Spendata for free.
  • There is no install, because Spendata runs in your browser.

Innovative Services

Any mix of DIY and services is available.
Spendata users can easily build their own cubes and analyze their own data, and many do. Spendata is designed from the ground up for independent use, with 100+ help videos as well as printable documentation. Spendata also provides affordable a la carte services such as cube building, cube refreshes, training, work-alongside assistance, and telephone support. Any mix of DIY and services is on the table. If you are short of resources, Spendata can introduce you to partner companies so you can outsource the entire process of sourcing and saving.

Increase your productivity

Use Spendata as your private tool box.
Spendata can help you get more done, faster, no matter what systems or processes you already have in place. For example, your organization might perform its spend analysis entirely with databases or other generic tools. Why not auto-family and auto-map your data before you start? Why not derive data dimensions automatically? This can save days of work. Because data moves in and out of Spendata so easily, no internal processes need to change.

Spendata vs. competitors

Source: Spend Matters Solution Map/Spend Analytics Fall 2020

 

  • I have evaluated dozens of leading solutions over the past two decades and I've never seen anything close.

    Dr. Michael Lamoureux Editor, Sourcing Innovation
    Consulting Lead Analyst, Spend Matters

  • Spendata is pushing the envelope by empowering end users to be spend analysis gurus.

    Pierre Mitchell Chief Research Officer, Spend Matters

Find out what Spendata can do for you and your company — risk free. Here's what our customers are saying:

  • Our goal is to deliver high value to clients, so we equip our people with the best technology available. Every Impendi analyst has Spendata in their toolbox.

    Geoff Farrell Head of Procurement Analytics, Impendi Analytics
    Previously: Head of Supply Management Solutions, Dun & Bradstreet

  • I showed a client how to use Spendata's mapping. In 35 minutes they mapped 400 million of their 1.1 billion in spend.

    Lauri Vihonen Founder, LeadersBeacon.fi

  • Spendata has enabled our teams to quickly analyze customer spending, allowing us to provide savings estimates in hours rather than weeks.

    Roy Anderson Previously: CPO Tradeshift, GoProcure, MetLife

Services

Any mix of DIY and services is on the table, including our unique "work alongside" training.

Contact us

Use our handy Contact Form or call us directly (+1 339-970-8803) with questions.

pricing

List prices are here. Call or contact us for multi-unit pricing and flexible trials.

Sample Videos

Watch sample videos showing how quickly Spendata can move from raw data to a useful spend analysis cube.

Inheritance

Take a look at why analysts and customers alike are embracing Spendata's unique inheritance feature.

Agility

Agile and adaptive analysis is how high-value initiatives are uncovered.