Spendkey is a comprehensive spend management solution that offers accurate spend visibility and trusted reporting. It utilizes data transformation and intuitive analytics, supported by powerful AI technology. The platform is designed to ingest all your payments data, extract relevant information, unify and categorize the data, and further process it to provide a single, truthful view of your overall spend. One of the key features of Spendkey is its dynamic multi-dimensional dashboards. These dashboards allow you to explore and analyze your spend across various dimensions, providing valuable insights and uncovering hidden spend. Some of the illustrative lists of spend dimensions include: 1. Spend by categories: Spendkey allows you to analyze your spending based on different categories, such as marketing, IT, travel, or any other relevant categories specific to your business. This helps you understand how your expenses are distributed across different areas. 2. Spend by countries: If your business operates in multiple countries, Spendkey enables you to analyze your spend based on geographical locations. This can be useful for identifying spending patterns and managing expenses in different regions. 3. Spend by business unit: If your organization has multiple business units or departments, Spendkey allows you to assess spending at a granular level. You can identify areas of high expenditure and make informed decisions to optimize costs. 4. Spend distribution: Spendkey provides a visual representation of spend distribution, allowing you to see how your expenses are spread across different suppliers, categories, or other dimensions. This helps you identify areas of potential consolidation or optimization. 5. Supplier Segmentation: Spendkey helps you segment your suppliers based on various criteria, such as spend volume, performance, or strategic importance. This enables you to better manage your supplier relationships and negotiate favorable terms. 6. Maverick Spend: Maverick spend refers to unauthorized or non-compliant spending that occurs outside established procurement processes. Spendkey helps you identify instances of maverick spend, enabling you to take corrective actions and enforce compliance. 7. Contracted/Non-contracted spend: Spendkey allows you to differentiate between spend that is under contract and spend that is not. This helps you monitor compliance with contracts and identify opportunities for consolidating spend under favorable agreements. 8. Payment term analysis/Cash flow trends: By analyzing payment terms and cash flow trends, Spendkey provides insights into your organization's financial health. You can identify potential liquidity issues or opportunities for optimizing cash flow management. 9. Savings opportunities: Spendkey identifies potential savings opportunities by analyzing your spend data. It can highlight areas where you can negotiate better pricing, consolidate suppliers, or optimize processes to reduce costs. Overall, Spendkey's comprehensive features and intelligent analytics provide businesses with the tools they need to gain transparency, optimize spending, and make data-driven decisions to improve their financial performance. For More Details Visit Here: https://www.spendkey.co.uk/pricing

Spendkey is a comprehensive spend management solution for accurate spend visibility and trusted reporting . Spendkey combines data transformation with intuitive analytics backed by a powerful AI technology . Spendkey’s revolutionary platform can ingest all your payments data and then extracts, unifies, categorises the data and further processes it to provide you with a single, truthful view of your overall spend.Spendkey’s dynamic multi-dimensional dashboards reveals hidden spend and gives you in-depth analysis of spend across your business with clear intelligence on various spend dimensions. Illustrative list include: • Spend by categories • Spend by countries • Spend by business unit • Spend distribution • Supplier Segmentation • Maverick Spend • Contracted / Non contracted spend • Payment term analysis/Cash flow trends • Savings opportunities For More Details Visit Here: https://www.spendkey.co.uk/pricing