Spendkey

Spendkey

Spendkey Limited
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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.

About

Say goodbye to the hassle of manually processing invoices and expenses. Avoid the back-and-forth of chasing missing details. Automate effortlessly with Summit's AI-powered system. Automate AP with AI-powered tools—capture invoices and receipts automatically, route to approvers via custom workflows, and sync seamlessly with accounting software for effortless reconciliation and bookkeeping. Monitor real-time statuses for quick reporting and audit readiness. Automate invoice upload, tracking and approval. Eliminate manual data entry and ensure accuracy, free up time for strategic activities. Manage reimbursement requests with our centralised dashboard and ensure compliance with policies. Save time, reduce errors. Our Accounts Payable (AP) automation systems offer real-time visibility into all company spend. With everything in one place, policy compliance and responsible spending are effortlessly ensured.

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 Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

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

Audience

Companies interested in a powerful spend management and employee expense management solution

Support

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

Support

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

API

Offers API Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

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

Pricing

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

Reviews/Ratings

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

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

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 Not Supported
Live Online Supported
In Person Supported

Training

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

Company Information

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

Company Information

Summit
Founded: 2024
Singapore
summitglobal.com

Alternatives

Alternatives

Categories

AI Copilots Supported
Spend Analysis Supported
Spend Management Supported

Categories

Accounts Payable Supported
AI Finance Supported
AP Automation Supported
Expense Report Supported
Receipt Scanner 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

Axis LMS Not Supported
BambooHR Not Supported
FreshBooks Not Supported
JumpCloud Not Supported
MYOB Not Supported
Microsoft Dynamics 365 Not Supported
Microsoft Power BI Supported
NetSuite Not Supported
Okta Not Supported
Sage Accounting Not Supported
Sage Intacct Not Supported
Workday HCM Not Supported
Xero Not Supported
Zoho Books Not Supported
Zoho CRM Not Supported

Integrations

Axis LMS Supported
BambooHR Supported
FreshBooks Supported
JumpCloud Supported
MYOB Supported
Microsoft Dynamics 365 Supported
Microsoft Power BI Not Supported
NetSuite Supported
Okta Supported
Sage Accounting Supported
Sage Intacct Supported
Workday HCM Supported
Xero Supported
Zoho Books Supported
Zoho CRM Supported
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