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What is SpendHQ?

To achieve effective spend intelligence, it is essential to start with high-caliber spend data. Nevertheless, numerous companies encounter obstacles due to the fragmentation of their procurement data across multiple systems, each presenting its own inconsistencies and errors, which ultimately results in subpar data quality. SpendHQ tackles these challenges by streamlining all of your spend data, irrespective of its source, and delivering insights that are shaped by procurement practices aimed at improving category management, ensuring compliance with contracts, fostering supplier diversity, and more. The approach is impressively simple: SpendHQ converts your chaotic raw spend data using a top-tier spend optimization methodology that guarantees at least 97% accuracy in spend categorization. Our innovative data strategy employs AI and analytics fueled by algorithms, drawing from insights related to over $5 trillion in spend and 100 million unique vendor records we have carefully categorized over time. Created by procurement experts, SpendHQ distinguishes itself as the only spend intelligence platform capable of offering deep expertise, empowering organizations to discover, uphold, verify, and utilize their spend insights efficiently. By emphasizing transparency and precision, SpendHQ not only aids organizations in making knowledgeable procurement choices but also significantly enhances their overall operational efficiency. Ultimately, this leads to stronger supplier relationships and a more strategic approach to resource allocation.

What is 24ORM?

We leverage artificial intelligence to collect and analyze data, turning it into intuitive dashboards that can significantly boost your sales capabilities. This cutting-edge service fosters a more straightforward and efficient approach to work. Every day, category managers and e-commerce entrepreneurs face a myriad of challenges. Our solutions provide the means to tackle these obstacles more rapidly and effectively. For example, if you discover an error in a product listing on one platform, you would usually need to manually check all other listings for accuracy. Instead, our technology can automatically evaluate product listings across multiple websites and identify further discrepancies and mistakes. Our tools assess the DCC of product listings for specific items on various platforms, enabling you to compare your performance with that of your competitors. Rather than investing excessive time tracking new products, pricing, and promotional offers from other businesses, you can easily view a curated list of newly launched items and their corresponding prices. Furthermore, our service facilitates a direct comparison of your product listings alongside those of competitors, guaranteeing that your pricing remains competitive with market trends. This approach not only conserves time but also empowers you to make informed, data-driven choices, ultimately enhancing your operational efficiency. In this rapidly evolving market, staying ahead of the competition is essential, and our tools are designed to provide you with the edge you need.

Media

Media

Integrations Supported

Amazon

Integrations Supported

Amazon

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

SpendHQ

Date Founded

2008

Company Location

United States

Company Website

www.spendhq.com

Company Facts

Organization Name

24TTL

Company Location

Netherlands

Company Website

24ttl.net/en/24orm

Categories and Features

Procurement

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

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