Last updated on
Company health
Ratings
SpendHQ description
SpendHQ is a cloud-based software designed for mid-to-large companies looking to improve their procurement processes. It offers spend analytics and performance management tools to track and manage company spending. SpendHQ helps you identify cost saving opportunities, track project progress, and demonstrate the value of procurement to your company. The software integrates with your existing systems and provides user-friendly dashboards and reports for easy data analysis and decision-making.
What companies are using SpendHQ?
Who is SpendHQ best for
SpendHQ is a cloud-based spend analytics platform designed for mid-to-large sized companies seeking to optimize procurement processes. It offers AI-powered insights, real-time spend tracking, and customizable dashboards. Users praise its user-friendly interface and comprehensive spend visibility but note occasional slow loading times. SpendHQ helps identify cost savings, track project progress, and demonstrate procurement's value.
-
Ideal for medium-sized businesses (101-1000 employees) and large enterprises (1001+ employees).
-
Best fit for Finance, Banking & Insurance, and Retail industries.
SpendHQ features
Supported SpendHQ leverages AI to analyze spending patterns and provide actionable recommendations. |
Supported SpendHQ uses AI and machine learning to analyze spend data and identify trends. |
Supported SpendHQ offers real-time insights and performance management, enabling spend tracking against budgets. |
Supported SpendHQ categorizes spend data by criteria like supplier, category, department, or location. |
Supported SpendHQ offers tools for managing procurement projects, including planning, tracking, and evaluation. |
SpendHQ reviews
We've summarised 28 SpendHQ reviews (SpendHQ G2 reviews) and summarised the main points below.
- User-friendly interface and easy navigation.
- Fast and accurate data refresh capabilities.
- Customizable dashboards and reporting features.
- Excellent customer support and responsiveness.
- Provides comprehensive spend visibility and insights.
- Slow loading times and latency issues can hinder user experience.
- Data export, especially for custom reports, can be slow.
- Limited supplier categorization options.
- Manual data uploads and management can be cumbersome.
- Lack of seamless integration with end-to-end source-to-pay systems
SpendHQ alternatives
BlackLine Financial Close ManagementAutomates and streamlines the monthly financial close process.Read more
BlackLine Invoice-to-CashAutomates invoice-to-cash, boosts efficiency, and provides key financial insights.Read more
BlackLine IntercompanyAutomates internal accounting, preventing errors and speeding up closes.Read more
BlackLine Intercompany Financial ManagementAutomates intercompany accounting for smoother, error-free transactions.Read more
SpendHQ FAQ
SpendHQ is a cloud-based spend analytics and procurement performance management software. It helps mid-to-large companies track spending, identify cost savings, and manage procurement projects. SpendHQ offers AI-powered insights, real-time tracking, and customizable reporting.
What is SpendHQ and what does SpendHQ do?
SpendHQ is a cloud-based spend analytics and procurement performance management software. It helps mid-to-large companies track spending, identify cost savings, and manage procurement projects. SpendHQ offers AI-powered insights, real-time tracking, and customizable reporting.
SpendHQ integrates with your existing systems to provide comprehensive spend visibility and insights. However, some users have reported limitations with seamless integration into end-to-end source-to-pay systems and slow data export capabilities.
How does SpendHQ integrate with other tools?
SpendHQ integrates with your existing systems to provide comprehensive spend visibility and insights. However, some users have reported limitations with seamless integration into end-to-end source-to-pay systems and slow data export capabilities.
SpendHQ's main competitors include Procol, Kloo, and Mercanis. These platforms offer similar spend analysis, procurement management, and financial automation capabilities for mid-size to large businesses. Other alternatives like Productiv focus on software management, while QuickBooks Online targets broader financial management for smaller businesses.
What the main competitors of SpendHQ?
SpendHQ's main competitors include Procol, Kloo, and Mercanis. These platforms offer similar spend analysis, procurement management, and financial automation capabilities for mid-size to large businesses. Other alternatives like Productiv focus on software management, while QuickBooks Online targets broader financial management for smaller businesses.
Yes, SpendHQ is a legitimate cloud-based spend management software. It's known for its user-friendly interface, real-time spend tracking, and AI-powered insights. However, some users have reported slow loading times and limited supplier categorization options.
Is SpendHQ legit?
Yes, SpendHQ is a legitimate cloud-based spend management software. It's known for its user-friendly interface, real-time spend tracking, and AI-powered insights. However, some users have reported slow loading times and limited supplier categorization options.
SpendHQ does not publicly disclose pricing information. Contact SpendHQ directly for a customized quote based on your organization's needs and requirements.
How much does SpendHQ cost?
SpendHQ does not publicly disclose pricing information. Contact SpendHQ directly for a customized quote based on your organization's needs and requirements.
SpendHQ's customer service is viewed positively. Users highlight its ease of use, setup, and helpful implementation team. While the software's many features may take time to fully explore, the initial experience is generally favorable.
Is SpendHQ customer service good?
SpendHQ's customer service is viewed positively. Users highlight its ease of use, setup, and helpful implementation team. While the software's many features may take time to fully explore, the initial experience is generally favorable.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.