Optimize Spend

Optimize Spend

TRG Screen
Spendkey

Spendkey

Spendkey Limited
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+

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About

Optimize Spend is a leading enterprise spend management software solution. Globally, it gives you the clarity you need to take control of all your market data, research, software and other corporate subscription spend across the enterprise. Saving you time and money! Optimize Spend is a true best-of-breed solution bringing together the best of 20 years of FITS and INFOmatch — with major new capabilities. Understanding in-house consumption of vendor data and ensuring compliance with the terms & conditions of your enterprise subscription agreements can be challenging. Particularly for firms managing large volumes of contract clauses across hundreds of suppliers. Our expense management solutions create full transparency around the access to — and actual usage of – information services across your firm.

About

Spendkey stands out as a Gen AI-infused spend management platform, designed to convert complex data and documentation into actionable, profit-oriented strategies. By equipping teams with critical insights and market intelligence, Spendkey simplifies the intricacies of spend and contract management. At the heart of Spendkey's comprehensive feature set is CASSIAN, an intuitive AI Co-Pilot, adept at handling sophisticated cognitive tasks such as supplier negotiations by analysing vast amounts of data to recommend optimal negotiation strategies and contract terms. This capability exemplifies the practical application of AI in streamlining and enhancing decision-making processes in spend management.

Platforms Supported

Windows Supported
Mac Supported
Linux 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 Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Financial and Legal Industries looking for a powerful Spend Management solution

Audience

Organizations in search of a spend analytics solution to get insights that enable strategic decision making

Support

Phone Support 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 Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

£ 21000
Pricing for core module's Spend Analytics, Finance and Budgeting, Cassian AI is based on the spend Threshold and the pricing start at £ 21000 per annum.
Pricing for our document / contact anaylser module is based on the number of document and number of data point and the pricing start at £ 12500 per annum.
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

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Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 4.7 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • Spendkey is a first rate spend analytics system. A great level of detail was invested to make using the system very friendly and intuitive. One of the features I like most is its ability to customize fast the product to different requirements of customers. Another great point is its classification algorithm which quickly sort all transaction into a well structured taxonomy.
  • A Comprehensive Solution for Optimal Spend Management, smarter and accelerate your business growth with data-driven decisions. - Combining spend analysis and contract analysis. - Get a unified view of spend analytics, contract management, category management, market intelligence, negotiation strategies and risk management in one intuitive interface. - Spendkey empowered my team to negotiate contracts and establish a healthy spend culture - Anticipate future business trends and threats with powerful analytics. - Discover bottom-line savings in minutes - Accurate budgeting & forecasting - Cassian AI: Simplify savings decisions
  • Intuitive, requires no training. The dashboards are business focussed and brings visibility to surface.

Cons

  • UI is good but cut can be improved somehow, adding more colors and a little better visibility.
  • Spendkey has not encountered any negative aspects or cons over the past two years.
  • Cannot think of any such feature that I can write here as cons.

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Supported

Company Information

TRG Screen
Founded: 1998
United States
www.trgscreen.com/enterprise-spend-management-software

Company Information

Spendkey Limited
Founded: 2020
United Kingdom
www.spendkey.io

Alternatives

Alternatives

Categories

Spend Management Supported

Categories

AI Copilots Supported
Spend Analysis Supported
Spend Management Supported

Spend Management Features

Approval Workflow Not Supported
Budgeting / Forecasting Supported
Expense Tracking Supported
Multi-Currency Supported
Prepaid Cards Not Supported
Procurement Management Not Supported
Receipt Management Not Supported
Spend Analysis Supported
Spend Control Supported
Supplier Management Supported

Integrations

Microsoft Power BI Not Supported

Integrations

Microsoft Power BI Supported
Claim Optimize Spend and update features and information
Claim Optimize Spend and update features and information
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