Roadmap
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EVOLVING FOR YOU

What’s Next: Planned Upgrades and Innovations

Spendkey is committed to leading the charge in tech advancements, driven to deliver unrivalled value to our customers. We actively incorporate customer input and market trends, propelling our team's relentless pursuit of product enhancement. The roadmap ahead is vibrant with promise, charting a path rich in innovation and expansion. Our focused vision is set on broadening our service portfolio, fortifying security, and elevating the user experience to unprecedented levels.

Evolving for you
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Live September 2023

AI-Driven Document Analyser Module

Extracts key terms and clauses, ensures compliance, and enhances operational efficiencies through document automation and risk analysis.

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Live September 2023

Market Intelligence

Provides market intelligence on competitor analysis, market trend identification, and customer sentiment analysis, enabling informed strategic decisions, market positioning, and effective responses to market changes.​

Q4 2023

Supplier Portal

An online interface allowing suppliers to view, analyse, and reclassify spend data related to their transactions with a client, promoting transparency, optimised procurement strategies, and data-driven engagement between the client and supplier.​

Q4 2023

Mobile App

Release mobile app to provide on-the-go access to platform features and data, which will enable real-time alerts, analytics accessibility, and immediate action on insights.​

Q4 2023

Greenhouse Gas (GHG) Emission Tracking

Scope 3 carbon emission tracking that ensures ethical supplier practices, aiding organisations in aligning spend strategies with sustainability goals.​

Live May 12 '23

Budget Planning and Forecasting Tools

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Q4 '24

Enhanced Data Collection and Integration

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Dashboard

POWERFUL FEATURES

See how Spendkey can help you

View all Features
Spend Analysis

Spend analysis solutions

Effortlessly analyse and compare data to reveal insights that inform decisions to reduce risk, streamline cost-saving strategies and achieve business goals.

Category Management

Category management strategies

Increase procurement savings and efficiency by implementing cost controls and refining sourcing strategies with Spendkey’s customised classification of direct and indirect spend across categories.

Accurate budgeting

Accurate budgeting & forecasting

Create and maintain growth by harnessing historical spend trends to uncover actionable insights for streamlining budgeting and future forecasting processes.

Cassian AI

Cassian AI: Simplify savings decisions

Cassian AI combines spend and contract analytics to identify opportunities for optimising supplier performance, improving negotiations, reducing costs and maximising ROI.

Spend Analysis
Spend analysis solutions

Effortlessly analyse and compare data to reveal insights that inform decisions to reduce risk, streamline cost-saving strategies and achieve business goals.

Category Management
Category management strategies

Increase procurement savings and efficiency by implementing cost controls and refining sourcing strategies with Spendkey’s customised classification of direct and indirect spend across categories.

Accurate budgeting
Accurate budgeting & forecasting

Create and maintain growth by harnessing historical spend trends to uncover actionable insights for streamlining budgeting and future forecasting processes.

Cassian AI
Cassian AI: Simplify savings decisions

Cassian AI combines spend and contract analytics to identify opportunities for optimising supplier performance, improving negotiations, reducing costs and maximising ROI.

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Data-Filled Dashboard

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Frequently asked questions

What is Spendkey?
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Spendkey is a spend strategy platform that helps organisations transform data and documents into profit-driving recommendations and clear actions, empowering teams with the insights and market intelligence to manage spend and contracts effortlessly.

What data is typically included in Spendkey?
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Spendkey typically ingests data related to purchase orders, invoices, supplier contracts, payment records, card transactions, licence and asset management and other relevant spend data.

What types of insights can be derived from Spendkey?
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Spendkey can provide insights such as spending trends, savings opportunities, contract compliance, purchase order accuracy, demand forecasting, supplier risk assessments, and overall spend efficiency.

What is the document analyser?
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Spendkey’s document analyser module  can effortlessly extract a wide array of data from diverse sources and documents. Easily compare data, analyse, and draw insights from the gathered information to reduce risk, formalise your strategies, and achieve business goals and make informed decisions that enhance compliance.

We have a team of consultants to help us with transformation activities — why do we need Spendkey?
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Consultants can only be as good as the data you provide them. By implementing Spendkey, you can support the consultation process by providing context and revealing deeper insights into your business.

How can you ensure that my data will be secured?
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Spendkey is hosted in the Microsoft Azure environment and has taken all necessary steps to protect your data. Our environment is as secure as your ERP system in the Cloud, with each client’s data ring-fenced and segregated from other clients to ensure complete confidentiality.

Can you provide any customer references?
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Yes, we are more than happy to arrange for any customer references.

Spendkey Wins the Start-Up Award at Global Procurement & Supply Chain Awards 2024  

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