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Spend Analysis Software

Compare the Top Spend Analysis Software of 2021

Spend Analysis Software Guide

What is Spend Analysis Software?

Spend analysis software enables organizations to analyze spending and identify risks and trends related to spending and accounts payable (AP). Spend analysis software can generate spend analytics and insights on how an organization can improve spending. Compare the best Spend Analysis software currently available using the table below.

  • 1
    GEP SMART
    GEP SMART is an AI-powered, unified source-to-pay (S2P) procurement software that brings end-to-end procurement functionality for both direct and indirect spend management into a single, cloud-native platform. It features a range of procurement tools built into one unified procurement system; eliminating the need for separate, stand-alone software, modules, or tools for managing specific functions. GEP SMART aims to help streamline the end-to-end procurement process, accelerate digital transformation, elevate a procurement team’s performance, and enhance its strategic reach and impact on the business.
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  • 2
    DataServ

    DataServ

    DataServ

    For over 27 years, DataServ has delivered Accounts Payable invoice automation solutions that enable accounting teams to eliminate data entry, increase accuracy, and focus on higher-value tasks. As pioneers of the finance SaaS market, DataServ solutions are simply incomparable. Our solutions integrate seamlessly, but can also be used independently, giving us the unique capability to offer our clients the ability to evolve into the full solution at their own pace. Our document intake solution is second to none, with over 99% clean data output in 24 hours. Only DataServ can offer you true touchless invoice processing with our proprietary AutoVouch system.
  • 3
    Singular

    Singular

    Singular

    Singular empowers marketers to futureproof their growth with next-gen attribution and analytics. We provide a holistic solution that combines mobile attribution with industry-leading cost aggregation, flexible ROI analytics, and automatic loading directly into your BI tools. Top marketers from LinkedIn, Rovio, Microsoft, Lyft, Twitter, EA, and more, rely on Singular for a complete view of their marketing performance.
  • 4
    Fyle

    Fyle

    Fyle

    Fyle is a new and innovative expense management solution built for the modern finance team. Fyle extracts data from receipts, attaches the invoice, and ensures constant compliance - all in real-time. What more does Fyle do? - Easy expense tracking: Submit your expenses from your everyday apps like Slack, WhatsApp, G suite, Outlook, SMS, and many more! - Automatic corporate card reconciliation: reconcile any card transaction, expense, or receipt in an audit-ready fashion without any manual intervention. - Predictive analytics: Expenses are given an automatically calculated risk score using predictive analytics to catch fraud even before it is committed. - Spend analytics: Stay on top of where the money is being spent at all times with Fyle's robust analytics features. - Custom Approvals: Fyle can automate any complex workflow - dependent on employee, expense, or policy.
    Starting Price: $4.99/month/user
  • 5
    Incorta

    Incorta

    Incorta

    Direct is the shortest path from data to insight. Incorta empowers everyone in your business with a true self-service data experience and breakthrough performance for better decisions and incredible results. What if you could bypass fragile ETL and expensive data warehouses, and deliver data projects in days, instead of weeks or months? Our direct approach to analytics delivers true self-service in the cloud or on-premises with agility and performance. Incorta is used by the world’s largest brands to succeed where other analytics solutions fail. Across multiple industries and lines of business, we boast connectors and pre-built solutions for your enterprise applications and technologies. Game-changing innovation and customer success happen through Incorta’s partners including Microsoft, AWS, eCapital, and Wipro. Explore or join our thriving partner ecosystem.
  • 6
    Precoro

    Precoro

    Precoro

    Precoro is an easy-to-use, cloud-based spend management software solution purpose-built to help companies efficiently control their spendings and generate savings. Helping small and midsize businesses automate their procurement processes, Precoro includes spend data analysis, purchase order creation, vendor management, billing, real-time budgeting, three-way matching, receiving, catalog management, among others. The solution also helps users create purchase requests, set automated approval routing, receive purchase orders, keep track of important information, create and manage a list of products, and so much more.
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    Starting Price: $19 per user per month
  • 7
    ProcurePort

    ProcurePort

    ProcurePort

    ProcurePort provides a best in class cloud hosted sourcing software that automates the entire source to pay process. Modules that seamlessly connect with each other that can be used independently or together. Following modules make up the ProcurePort Solution Suite -Requisitions -RFP & RFQ -eAuctions (Reverse, Forward, Dutch, etc.) -Contract Management -Supplier Management -Spend Analysis -P,O and Invoice Automation ProcurePort provides a best in class e-procurement platform, complimented by our industry-leading implementation service and support.
    Starting Price: As low as $275.00/month/user
  • 8
    QLM Sourcing
    "QLM Sourcing" is a cloud strategic sourcing and supplier management solution that streamlines processes for user organizations to increase efficiency, throughput, and quality of output to drive increased profitability. QLM Sourcing offers a rich feature set including customer management and quoting, collaborative supplier eRFQ event management, business award and purchase order, spend analysis, and more. QLM Sourcing gives each user organization custom eRFQ templates for different product/service types. Amongst other innovative features is an automated notification function that reminds suppliers of an approaching due date to increase response rates and compliance. Efficiently manage your supply base with configurable document management, segmentation, supplier self-service and performance score-carding. Add new suppliers in seconds with no cost ever to suppliers, all without the overhead of a high-maintenance supplier portal.
  • 9
    Asite

    Asite

    Asite

    Asite is an open construction platform that enables organizations working on capital projects to come together, plan, design, and build with seamless information sharing across the entire supply chain. Asite’s range of solutions connect dispersed teams across the lifecycle of capital assets, enabling them to build better and build resilience. With Asite, capital project owners stay at the forefront of innovation, maintaining a golden thread of information throughout a project to facilitate the creation of digital twins.
    Starting Price: $375.00/month/user
  • 10
    FlexRFP eSourcing

    FlexRFP eSourcing

    EC Sourcing Group

    FlexRFP is a state-of-the-art eSourcing software solution suitable for medium to large businesses. is a state-of-the-art solution resulting from years of real world experience. Simple and easy to setup, FlexRFP offers a range of functionalities that help companies achieve a smooth procurement process, which minimizes expenses and maximizes the quality and terms of transaction. The platform also features project management, spend analysis, supplier management, contract management, and supplier corrective action tools.
    Starting Price: $3000.00/month
  • 11
    eSupplier

    eSupplier

    eSupplier.com

    At eSupplier, buyers and suppliers collaborate right from eRFx, Supplier Discovery, eQuote, eCompare and finally negotiate via reverse eAuctions, in addition system generates audit compliance reports as well as provides spend analytics.
    Starting Price: $99/month/user
  • 12
    Qvalia

    Qvalia

    Qvalia

    Qvalia is a platform for finance teams to automate processes and have complete control of transactions and financial data. We improve accounts receivable, accounts payable, and enable real-time spend analytics and line-item level accounting automation. Integration is easy and the pricing is transaction-based with 1-month cancellation. Accounts receivable with Qvalia Autobilling includes B2B checkout widget for e-commerce and automated invoicing, reconciliation, reminders, and more. Manage all your transactions quickly in one location. Send and receive e-invoices for free using the global e-invoice network PEPPOL or PDFs to email recipients. Manage subscriptions and recurring invoicing with a solution that simplifies and automates order-to-cash and B2B e-commerce sales. Kickstart the digital transformation of your finance processes and achieve 100% electronic supplier invoices with PDF Converter.
    Starting Price: €50 per month
  • 13
    SAP Fieldglass
    Search, engage, manage all types of flexible resources with SAP Fieldglass, a cloud-based open external workforce management solution. SAP Fieldglass automates the entire process of procuring and managing flexible labor. SAP Fieldglass enables users to recruit temporary labor quickly, enforce compliance, streamline processes, and control spending.
  • 14
    Xeeva

    Xeeva

    Xeeva

    Xeeva is the leader in indirect spend management solutions that optimize the entire procurement process. From delivering unparalleled data quality and completeness to intelligent guided buying for managing complex procurement operations, take advantage of Xeeva’s unique combination of AI-powered technology, industry insights, and domain expertise to maximize your procurement efficiency and savings. Xeeva transforms indirect spend management with best practices around spend analytics, data enrichment, sourcing, and procure-to-pay solutions that drive better, more strategic decision-making and deliver real financial impact to the enterprise.
    Starting Price: $75000.00/year
  • 15
    Ignite Procurement

    Ignite Procurement

    Ignite Procurement

    Strategic procurement. Digital. Data-driven. Smarter. A spend management solution helping you unlock the full power of strategic procurement. Spend analysis. Transform your data into actionable insights. Data enrichment. Get additional perspectives on your data. Contract management. Unlock the full value from every contract. Initiatives & tasks. Keep track of your procurement activities. Savings tracker. Plan, measure and track your savings. Digital tenders. Conduct smarter tenders – fully digitized. Get the reliable spend visibility you deserve. Within minutes, ignite procurement provides you a full overview of spend composition and development. Enrich your data with third-party data sources to get important additional perspectives. For example, financial information about your suppliers provides valuable insights on opportunities and risks. Manage your contracts and improve compliance to unlock the full value from every contract.
  • 16
    Procol

    Procol

    Procol

    Best procurement software that is flexible, user-friendly, cost-effective, enterprise-grade secure, and can be deployed in under 7 days to optimize your procurement management. Consolidate your entire spend and achieve higher cost savings. Gain 100% spend visbility with end to end audit trails. Save time from manual follow ups and automate procurement tasks. Become the customer of choice for all your suppliers. Centralize all of your requests by moving sourcing activity out of email inboxes to streamline request management and create structured data via eSourcing. View supplier bids and responses side-by-side / Build RFPs, RFQs, and RFIs in minutes with a tool designed for sourcing. Deliver higher cost savings with 45+ unique bidding algorithms. Discover prices like never before. Save thousands of hours by providing a supplier portal to manage communications, transactions and issue resolution.
  • 17
    AnyData

    AnyData

    AnyData

    Cleanse, categorize & visualize all your supplier data. Bolt-on contract Management, On-boarding & ESG solutions to track and manage spend against risk. Build a trusted single source of the truth of enterprise supplier data to accelerate your business. Multi-domain master data management platform. Write-Back. Option to Push back to Source systems. The data you need faster than you thought possible. Now you have your single version of the truth. Plug into our library of “Ready to Go�? data-driven apps. Integrated security, machine learning, AI & visualization (AnyDATA’s or Power Bi). The visibility and answers you need faster than you thought possible. For global enterprise teams or lone consultants. �?Ready to Go�? SaaS analytical solutions. Business users easily hook into data asking questions immediately. Truly democratizing citizen data science, uniquely integrates data, documents & compliance Information. Import, manage, report, create advanced (continuous) analytics.
  • 18
    ChAI

    ChAI

    ChAI

    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.
  • 19
    SAS Spend Analysis
    Spend Analysis improves visibility into procurement information, enabling you to determine spend by commodities, products, services and suppliers. It also provides a dynamic ranking system for maintaining a snapshot of your most valuable suppliers. With SAS you gain more insight to better leverage your buying power, reduce costs and strategically improve supplier relationships. Spend Analysis integrates procurement data across your organization to identify total spend by commodities and suppliers. By understanding your spend behavior, you can identify cost-saving opportunity in procurement activities throughout the organization. Rank suppliers using your own criteria and change the weight of each criterion dynamically. As you identify the suppliers that best meet your organization’s needs, you can prioritize and improve supplier relationships, optimizing your procurement spend.
  • 20
    Technology Insight

    Technology Insight

    Technology Insight

    We leverage technology to empower our customers to increase profit recovery, maximize business information, remove strain from internal resources, and reduce the time it takes to receive valuable information. Best of all, we do all of this in an efficient, cost-effective manner. With our services, you can leave the days of duplicate payments, payment errors, and A/P processes errors behind you. Our cutting-edge solutions are designed to improve the way you operate so you can steer your business toward unparalleled success. Recover funds you didn’t even know were missing. Our recovery audit service is the perfect marriage of vendor statement reviews, advanced algorithms to identify duplicates and payment errors, and professional recovery services. No application platform is too complex for us. In fact, we work with a variety of platforms such as SAP, Oracle, Workday, JD Edwards, the list goes on.
  • 21
    Mintec

    Mintec

    Mintec

    Strengthen your negotiating power with suppliers with instant access to independent market pricing & data to inform competitive purchasing strategies. View price volatility and understand primary cost drivers to better manage risk, assess supply chain impact and identify more efficient alternatives. Self-serve data visualization tools and bespoke Dashboards enhance the way you digest, present & share data with your team or across the wider business. View & retrieve data quickly plus simplify and automate complex modelling & analysis with dynamic reports, custom alerts & comprehensive negotiation packs. From supply & demand to currency, interest rates & political stability - get a birds-eye view of key drivers across your category of interest. Access historic, current and forecast views for each.
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    ProcurementIQ

    ProcurementIQ

    ProcurementIQ

    Gather information faster with SupplierIQ’s centrally located supplier information. Our company profiles bring financial data, competitor rankings, SWOT analysis and other general information into one ecosystem. SupplierIQ shows you the product or service markets each supplier occupies based on the categories covered in our Procurement Report collection. Toggle between category reports and SupplierIQ to get a more complete picture of suppliers. SupplierIQ’s private company financial ranges can’t be found anywhere else. Our extensive financial benchmarks help you decide whether a supplier meets the thresholds required to issue an RFP, make a one-time or limited purchase or invest the resources required to fully vet the company.
  • 23
    vManager

    vManager

    vCom Solutions

    vManager by vCom Solutions is an award-winning telecom management software. A cloud-based platform, vManager enables organizations to leep track of their communications spend across all their inventory and carriers. It comes with interactive graphs and charts that display the company's monthly spend analysis and trends, including spend by type, by location, and by carrier. This helps businesses identify whether they are maximizing their communications investment or not, allowing them to make smarter decisions.
  • 24
    Corcentric

    Corcentric

    Corcentric

    We help companies strengthen three critical operations – procurement, accounts payable, and accounts receivable that enable you to: - Future-Proof Your Business by automating and accelerating your procurement, accounts payable, accounts receivable processes, and contract management. - Maximize Every Dollar Spent by eliminating inefficiencies, getting control and visibility into 100% of your spend, and empowering your teams with the technology and expertise to spend smarter. - See Exactly Where You Stand with visibility into cash flow and working capital through elimination of credit risk, guaranteed payment, and guaranteed DSO reduction.
  • 25
    Oversight Insights On Demand
    Oversight Systems is a software company based in the United States that was founded in 2003 and offers a software product called Oversight Insights On Demand. Oversight Insights On Demand offers training via documentation, live online, and in person sessions. Oversight Insights On Demand is spend analysis software, and includes features such as audit management, controls testing, risk management, and Sarbanes-Oxley compliance. Oversight Insights On Demand offers business hours support and 24/7 live support. Oversight Insights On Demand offers a free trial. Oversight Insights On Demand is available as SaaS software. Some alternative products to Oversight Insights On Demand include TurnKey Lender, Fraud.net, and Arbutus Audit Analytics.
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