Spendkey Service Overview Sep 2022


Spendkeylimited1043

Uploaded on Aug 30, 2022

Category Technology

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

Category Technology

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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.