Save now, pay later with SpendAi

The only spend analytics software that pays for itself and creates budget to do more in 6 – 8 weeks with a guaranteed 5x RoI.

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Why spend exorbitant amounts on spend consultants when machines to do it for you in 6–8 weeks?
Ask us how

Harness the power of data to cut costs, de-risk, and streamline procurement using SpendAi, a state-of-the-art ML-driven spend analytics product that empowers businesses to make data-driven decisions with confidence and agility.

Slash costs with increased negotiating leverage
Slash costs with increased negotiating leverage using Unique Vendor Identification.
Your vendors may not have precisely the same name across various disparate systems in your enterprise from where this data is pulled. Furthermore, with M&A, their identities may change over time. SpendAi normalizes the names to a single entity allowing you to know the total spend with each unique vendor. Normalization, thus, creates an opportunity for negotiating volume discounts and more favorable terms.
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Streamline procurement
Streamline procurement with industry-specific taxonomy for your business needs.
The right taxonomy makes it easier to identify any problematic spend, and therefore realize savings. But creating a meaningful taxonomy is cumbersome and time-consuming. SpendAi brings unrivaled industry-specific Taxonomy that you can customize to your business needs. Organizing data in meaningful structures allows you to look at suppliers at multiple levels of a category, and broadening your spend with a supplier gives you negotiating leverage.
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Visualize and optimize
Visualize and optimize spend with over 98% automatic spend categorization.
Classifying spend into a predetermined taxonomy has always been a challenge. It is an essential step towards developing spend management strategies but is both tedious and repetitive. SpendAi automatically classifies the bulk of the data with speed and accuracy, leaving a smaller subset of data for qualitative assessment by the procurement staff. The result: Improvement in strategic sourcing, cost reduction, and efficiency.
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Visualize and optimize
Generate spend savings and supplier risk insights automatically from your data.
Do you find yourself beholden to data and having to look for insights from data manually? Whether you want to review spend at an aggregated level or scrutinize spend data at an granular level – your ML-driven dashboard should give you a holistic view. SpendAi automatically recommends new actionable savings, so you don’t have to look for them manually, and it continues to get better over time with more data.
Read more
Mitigate supplier
Mitigate supplier risk from having too many or too few suppliers with automated recommendations.
Knowing your supply chain vulnerabilities is vital to ensuring supply shortages don’t impact production. It’s hard to monitor the health of tens of thousands of suppliers. Proactive steps to ensure you have a balanced approach to sourcing in the event of a geo-political crisis or natural calamities is critical. SpendAi’s actionable recommendations allow you to be in a better position by de-risking your challenges from supplier over-dependence.
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Vendor Negotiating Leverage
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Slash costs with increased negotiating leverage
Slash costs with increased negotiating leverage using Unique Vendor Identification.
Your vendors may not have precisely the same name across various disparate systems in your enterprise from where this data is pulled. Furthermore, with M&A, their identities may change over time. SpendAi normalizes the names to a single entity allowing you to know the total spend with each unique vendor. Normalization, thus, creates an opportunity for negotiating volume discounts and more favorable terms.
Read more
Industry-specific Taxonomy
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Streamline procurement
Streamline procurement with industry-specific taxonomy for your business needs.
The right taxonomy makes it easier to identify any problematic spend, and therefore realize savings. But creating a meaningful taxonomy is cumbersome and time-consuming. SpendAi brings unrivaled industry-specific Taxonomy that you can customize to your business needs. Organizing data in meaningful structures allows you to look at suppliers at multiple levels of a category, and broadening your spend with a supplier gives you negotiating leverage.
Read more
Automated Spend Categorization
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Visualize and optimize
Visualize and optimize spend with over 98% automatic spend categorization.
Classifying spend into a predetermined taxonomy has always been a challenge. It is an essential step towards developing spend management strategies but is both tedious and repetitive. SpendAi automatically classifies the bulk of the data with speed and accuracy, leaving a smaller subset of data for qualitative assessment by the procurement staff. The result: Improvement in strategic sourcing, cost reduction, and efficiency.
Read more
Actionable Savings Insights
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Generate spend savings
Generate spend savings and supplier risk insights automatically from your data.
Do you find yourself beholden to data and having to look for insights from data manually? Whether you want to review spend at an aggregated level or scrutinize spend data at an granular level – your ML-driven dashboard should give you a holistic view. SpendAi automatically recommends new actionable savings, so you don’t have to look for them manually, and it continues to get better over time with more data.
Read more
Risk Identification
accordian arrow
Mitigate supplier risk
Mitigate supplier risk from having too many or too few suppliers with automated recommendations.
Knowing your supply chain vulnerabilities is vital to ensuring supply shortages don’t impact production. It’s hard to monitor the health of tens of thousands of suppliers. Proactive steps to ensure you have a balanced approach to sourcing in the event of a geo-political crisis or natural calamities is critical. SpendAi’s actionable recommendations allow you to be in a better position by de-risking your challenges from supplier over-dependence.
Read more

Pay us only when KPIs are met. We take the risks and you reap the rewards

Value Proposition

With low upfront investment, shared success, and quick savings, SpendAi offers a transparent pricing model that aligns with your budgetary constraints, ensuring no surprises along the way. Harness SpendAi to accelerate cost savings and achieve a clear path to financial efficiency and success in 6–8 weeks and guaranteed 5x RoI.

Guaranteed 5x ROI in 6-8 weeks

Guaranteed 5x ROI in 6-8 weeks
Get tangible value in record time. No more waiting for months or years for uncertain results

Pay only for outcomes

Pay only for outcomes
We put our money where the math is. Pay us only when your KPIs are met

Plug, play and go live

Plug, play and go live
Hosted on-premise or as a service, requires no expensive consultants, and is ready to go live

Scalable businesses icon

Scalable for businesses of all sizes
Caters to Fortune 5 to mid-sized enterprises across diverse industries

10x Lower costs of Data Science

10x Lower costs of Data Science
Build vs buy, Faster, Better, Cheaper. Less cost, less risk

Effortless modernization
We put our money where the math is!

Why is SpendAi better?

With our Gainshare model, we live up to our words and offer to make our money only after we save for you. The critical tool in overcoming procurement challenges is leveraging your data with AI/ML. Our market-proven products cater to Fortune 5 to mid-sized enterprises across all industries.

Why spend better image, A person calculating expenses
Spend solution advantages icon
SpendAi
  • ML based approach with self learning continues to get better with more user interaction and data
  • Ready to use pre-trained, fully operational
  • Business outcomes in 6-8 weeks
rule base solution icon, A pen and a notepad
Rules-based IT products
  • Rule-based systems don’t learn. Need to keep rules updated, tested and deployed. Expensive and painful
  • Inability to look at data in multiple dimensions that machine learning can

The five foundational pillars of Spend Intelligence

The role of procurement has never been this important before. Our five-part series discusses the foundational pillars of Spend Intelligence.

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Our Clients

Fortune 500 Retailers Client Icon

A Top-5 Fortune 500 retailer

Chemical producer Icon

World’s leading chemical producer

Top us Government Icon

Top-3 US city goverment

Leading luxury retailer

Leading American luxury retailer

Leading american department store chain

Leading American department store chain

Us leading cloud solution privider

Leading US-based cloud solutions provider

Fortune 500 financial service company

Fortune 500 financial services company

Global pharma company

Global pharma powerhouse

Worlds leading credit rating agency

World’s leading credit rating agency

US academic healthcare network

US-based academic healthcare network

leading us healthcare provider

Leading US healthcare provider

Global leader AI solution

Global leader in AI solutions

Success Stories

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