Uploaded on Aug 30, 2022
Spendkey Service Overview Sep 2022 A scalable, AI-based, SaaS platform for spend analytics. Small increments in visibility have a high impact on: • Costs • Quality and innovation • Competitive advantage • Availability • Sustainability
Spendkey Service Overview Sep 2022
A scalable, AI-based, SaaS platform for spend
analytics.
Why prioritise
spend?
Fortune
5O0u0tgoing Fortune 500
s Third Party Third Party
SpeEnBdIT:DA
Ratio Spend by 10%
70%
Third
Party
Spend 3.2 EBITDA 32%
If it is so easy…Why hasn’t everyone done
it?
Spend data is poor
Poor data impacts
visibility
Small increments in
visibility have a high
Visibility i•mpCaocstt son:
Control • Quality and innovation
•
Efficienc Competitive advantage
y Value • Availability
• Sustainability
What you can’t see, you can’t
influence .
Revenue Audit Cash Carbon Data Digital Post- Strategi
Protectio Readines Optimisatio Cleanin Transformatio merger c
n s n Trackin g n Integration Sourcin
g g
How we fix poor data Spend Analytics
and improve
vDiastaib Trialnitsyformation
1. Unify – ingests clients’ data
from existing ERPs systems and
secondary data from the web.
2. Build - auto-maps transaction
to correct category of spend
using Artificial Intelligence and 3. Reveal - dynamic
Machine Learning which dashboards create visual,
significantly reduces human customised insights.
effort and increases overall
accuracy. 4. Empower - our insights
transform the user's ability to
Watch video control, influence and drive
efficiencies.
Product
Offering
Data Transformation Spend Analytics
CFOs
Analyst
s COOs
• Out-of-the Box
• Tailored Insights
• Recommendations
• Predictions
• Notifications
Amplify your visibility
spend.ai® spend clarity cloud®
• Understand
• Contextualise
• Transform
• Enhance
Transform your spend
data
Output
Want to review 100,000
spend transactions?
Client A – 93%
accurate Client B –
86% accurate Client C
– 94% accurate
Each of these clients
would take a human
200 days to process.
Spendkey creates insights in
20 minutes.
Benefit
Our insights have transformed
s businesses ability to control, influeanncde deploy cash
100x insights effectively.
compliance
95% reduction 10
8
in third 6party spend 4
management risk managemen2 t
0
overhead
cost spend
saving efficienc
99% reduction in s y
reporting cycle cash Befor
managemen e
times Aftert
Testimonials
It's great to see that you understand our underlying data quality
challenges / issues and have ready-made solutions to address them.
Often, many providers take a helicopter view that is detached from
reality.
Akbar Suleymanov, Senior Finance Director at Mundipharma
Watch video
We would not have been able to deliver on our 5-week assignment
without getting spend insights in under 2 weeks from
Spendkey.
Rosalyn Olney, Co-Founder and Director at Source-Re
Watch video
Rapid set-up
10 Day Set-up Data Refresh
Cycles
Client Joint spend.a Spend Shares review Clarity Consultatio
Ongoing Spend
n data Clarity
Data* of data i Cloud sharing** cloud
Data Transformation
Unify and
ISnetg baesselitne currency
Translate
language
Create a single
version
Supplier Name Supplier Name
Data Transformation Abbbott Rapid Diagnostics Abbott Rapid
Cleanse Holdings, Abbott Rapid Diagnostics Abbott
Ltd, Rapid AB
and AB Toxicology Limited Toxicology
Abermedia Limited Abermedi
normalise ABM Aviation UK a ABM
Limited ABM
Remove Typos A.B.M .
Group the same Supplier Name Supplier Name
suppliers Abbott Rapid Diagnostics Abbott
Abbreviate where Holdings, Abbott Rapid Rapid
possible Diagnostics Ltd, Abbott
Remove non- AB Toxicology Limited Rapid
identifying text Abbott
Rapid
Group parent child
financial relationships
Data Transformation
Build
context
Before: After:
Brief Description: Detailed Description: Meraki MX250-
MX250 HW Security Appliance
Continuously refreshed New, granular, concise data labels.
with secondary Generating powerful customised
information insights that align to your requirements.
Everything in-house. Pune
16 strong team
in India.
London
9 strong team in Plus five advisers, experience includes corporate development, developer for Thoma Bravo portfolio companies, consulting founders,
and start-up Chief Financial Officer.
UK.
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