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About Spendency

Spendency is a procurement software platform from Spendency AB that supports efficient purchasing processes. It combines buyer trust, a range of solutions for procurement needs, and capabilities in Procure to Pay, Source to Contract, so organizations can manage their buying efficiently and effectively. Spendency is designed for companies looking to improve their procurement strategies and improve supplier relationships. The platform helps organizations simplify their purchasing, monitor spending, and ensure compliance with purchasing policies. Key capabilities: Procure to Pay Source to Contract Supplier management Spend analysis Compliance tracking Best for: businesses that need comprehensive procurement solutions to manage their purchasing activities.

Spendency Details

Vendor
Spendency - Spendency AB
Year Launched
Location
Stockholm, Sweden
Deployment
Training Options
demo, account manager, community
Countries Served
All Countries
Languages
English, Spanish, French, German, Italian, Portuguese, Swedish, Danish, Norwegian, Finnish, Dutch, Polish, Russian, Chinese, Japanese
Users
Manager, Procurement Specialist, Financial Analyst, Supply Chain Manager, CFO, Business Analyst.
Industries Served
Business, Retail, Healthcare, Education, Finance.
Tags
Business Intelligence, Sourcing, Spend Management

Spendency's In-App Market Place

Does Spendency have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

17

Mini Apps

1. Data Visualization: Allows users to create interactive and visually appealing charts

graphs

and dashboards to analyze spending data.

2. AI-Powered Insights: Utilizes artificial intelligence algorithms to provide users with personalized insights and recommendations for optimizing spending strategies.

3. Supplier Performance Tracking: Helps users track and evaluate the performance of their suppliers based on various metrics such as delivery time

quality of products/services

and pricing.

4. Budgeting Tool: Offers functionalities for setting and managing budgets

monitoring spending against budget targets

and generating budget reports.

5. Contract Management: Streamlines the process of managing contracts with suppliers

including tracking contract terms

renewal dates

and compliance with contract terms.

6. Expense Tracking: Allows users to easily track and categorize expenses

upload receipts

and generate expense reports for reimbursement or tax purposes.

Pricing Options

Free trial
Free version
Request a quote
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Accepted Payment Currencies

USD ($), EUR (€), GBP (£), JPY (¥), AUD ($), CAD ($), CHF (CHF), CNY (¥), SEK (kr), NOK (kr), DKK (kr), INR (₹), HKD (HK$), SGD ($), MXN ($), BRL (R$)

Pros & Cons

  • Powerful data analytics tools for tracking spending and identifying cost-saving opportunities
  • User-friendly interface with customizable dashboards for easy data visualization
  • Ability to integrate with various ERP systems for seamless data collection and analysis
  • Advanced reporting features for generating detailed insights and actionable recommendations
  • Cloud-based platform for convenient access and collaboration across teams
  • Automated data collection and categorization for increased efficiency and accuracy
  • Real-time monitoring of spending trends and alerts for budget deviations
  • Limited integration capabilities with other software systems
  • Steep learning curve for new users
  • Lack of customization options for reports and dashboards
  • Slow performance when dealing with large datasets
  • High cost compared to other similar software options in the market.

Spendency's Support Options

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