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About

When you need to pinpoint when to buy key raw materials, present a robust narrative to an internal stakeholder, identify the best time to hedge, secure more favourable contracts with suppliers or decide on a hedge ratio, you need ChAI. An intuitive web application that enables users to benefit from impartial materials and energy price predictions made by applying AI to all of the data that matters, from satellite imagery to the China 300 Index. In one quarter the best and worst price of some key commodities can differ by up to 20% of spend. Buying at the right time and right price is crucial to the success of a procurement specialist and their organisation. ChAI make it easy to identify the optimum time to buy key raw materials through numerical predictions 1 week, 6 months into the future. Every prediction includes clear explanations of what is driving the prediction in question, arming procurement specialists with the relevant insights to secure more favourable contracts.

About

Spend intelligence starts with good spend data. With most procurement data existing in disparate systems with inconsistent taxonomies and other errors, many companies struggle with bad data. SpendHQ optimizes up the entirety of your spend data ─ no matter where it lives ─ and delivers procurement-informed insights based on enhanced category management, contract compliance, supplier diversity, and more. It couldn’t be any simpler. SpendHQ takes all of your messy, raw spend data through our market-leading spend optimization process to ensure a minimum target of 97% spend categorization. Our innovative data approach incorporates AI and algorithm-based analytics built upon the over $5T in spend and 100MM unique vendor records we’ve categorized over the years. Built and backed by procurement experts, SpendHQ is the only spend intelligence platform that can inject deep expertise to help you discover, sustain, prove, and capture your spend insights.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Audience

Enterprises seeking a solution that enables users to predict and capture price and spend increase

Audience

Companies of all sizes looking for a spend analysis software

Support

Phone Support Not Supported
24/7 Live Support Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported

Company Information

ChAI
United Kingdom
chaipredict.com

Company Information

SpendHQ
Founded: 2008
United States
www.spendhq.com

Alternatives

Alternatives

Spendkey

Spendkey

Spendkey Limited

Categories

Spend Analysis Supported

Categories

Procurement Features

Asset Management Supported
Auction Management Not Supported
Bid Management Not Supported
Budget Management Not Supported
Catalog Management Not Supported
Contract Management Supported
Inventory Management Not Supported
Invoice Processing Not Supported
PunchOut Not Supported
Purchase Order Management Not Supported
Receiving Not Supported
Requisitions & Approvals Not Supported
Sourcing Management Supported
Spend Management Supported
Supplier Management Supported

Integrations

Dash Supported
DitchCarbon Not Supported

Integrations

Dash Not Supported
DitchCarbon Supported
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Claim ChAI and update features and information
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