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Spendflo Reviews & Product Details

Spendflo Overview

What is Spendflo?

Spendflo is an all-in-one procurement solution that simplifies and optimizes procurement, focusing on SaaS management and procurement-as-a-service. Our expert support backed with AI-driven conversational intake and document extraction, Spendflo streamlines the end-to-end procurement process across all vendors types. Our Solution, Your Impact: 1. Intake-to-Procure Automation - Automate intake workflows, approvals, and purchase orders for seamless vendor management. 2. Centralized Procurement Management - Gain a unified view of all vendor requests, contracts, and processes for better oversight. 3. Expert Buyers and Negotiators - Access a dedicated team of procurement experts to secure the best deals and terms for your organization. 4. Security and Compliance Simplified - Streamline and automate reviews to reduce delays and maintain compliance. 5. Insights-Driven Decisions - Leverage procurement data to track trends, manage budgets, and optimize processes. Spendflo manages bid analyses, where our negotiate SaaS contracts, and manage documents end-to-end.

Spendflo Details
Product Website
Languages Supported
English
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Product Description

Simplify and optimize your procurement with Spendflo, the all-in-one solution for SaaS management and procurement-as-a-service. Automate workflows, centralize vendor management, and access expert negotiators for the best deals. Streamline compliance and make data-driven decisions effortlessly.

How do you position yourself against your competitors?

Spendflo helps in reducing procurement burden for businesses with seamless spend orchestration, SaaS management, and procurement-as-a-service - all in one solution. We act as an extension of your team, reducing burden of SaaS negotiations and renewals with pricing insights while streamlining intake to procure workflows, centralizing vendors, optimizing spend and delivering guaranteed ROI.


Seller Details
Seller
Spendflo
Company Website
Year Founded
2020
HQ Location
San Francisco , US
Twitter
@spendflo
275 Twitter followers
LinkedIn® Page
www.linkedin.com
120 employees on LinkedIn®
Description

One Team. One Platform. All your Procurement. Spendflo now unifies procurement with Intake-to-Procure, SaaS Spend Management, and AI Procurement Services—all in one platform.


Nivas R.
NR
Overview Provided by:

Recent Spendflo Reviews

Daniela P.
DP
Daniela P.Mid-Market (51-1000 emp.)
4.0 out of 5
"Great support for SAAS procurement and management"
The strong points of Spendflo is how flexible the team is in creating a flow that works for your business.
ED
Ethan D.Mid-Market (51-1000 emp.)
5.0 out of 5
"A Must-Have Tool for Software Management!"
I couldn’t be more pleased with my experience using Spendflo! The platform is incredibly user-friendly, providing clear insights into our software ...
Richard H.
RH
Richard H.Mid-Market (51-1000 emp.)
4.5 out of 5
"Must have tool for managing organizational spend"
The tool itself is invaluable in cataloging spend. The additional customer support and contract negotiation from the Spenflo team mean I just hav...
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Spendflo Media

Spendflo Demo - The front door for all your procurements
Customized intake that's as effortless as a conversation, ensuring procurement compliance.
Spendflo Demo - Empower collaborative procurement
Orchestrate process adoption and enable teams to work together seamlessly, and with context.
Spendflo Demo - Renewal management that’s truly simple
Sync all upcoming renewals to Google Calendar and access unified insights for informed renewal decisions.
Spendflo Demo - 360° software cost optimization
Spot and eliminate unauthorized software spend, identify duplicates in your stack, and reduce your spend on unused licenses with accurate data.
Spendflo Demo - Your AI procurement partner
Gain a true Procurement Partner that takes care of contract audits, supplier negotiations, manages your renewals, and delivers guaranteed savings—at a fraction of the in-house cost.
Spendflo Demo - Maximize ROI with real-time insights
Reduce software spend with real-time usage and spend data, understand real-time off-contract costs and optimize spend, and improve procurement cycles.
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123 Spendflo Reviews

4.6 out of 5
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123 Spendflo Reviews
4.6 out of 5
123 Spendflo Reviews
4.6 out of 5

Spendflo Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for SpendfloQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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ED
M&A Director
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Spendflo?

I couldn’t be more pleased with my experience using Spendflo! The platform is incredibly user-friendly, providing clear insights into our software subscriptions and spending. The comprehensive dashboard allows us to easily track usage and identify cost-saving opportunities. What truly sets Spendflo apart is the outstanding customer service—Aishwarya Parthasarathi was especially helpful, answering all my questions and ensuring a smooth onboarding process. Her knowledge and support made a significant difference. If you’re looking to optimize your software investments, Spendflo is definitely the way to go! Review collected by and hosted on G2.com.

What do you dislike about Spendflo?

While Spendflo is a robust platform, one area for improvement could be the integration capabilities with certain less common software tools. Some users may find that not all of their existing systems seamlessly connect, which can require additional manual work. Additionally, more advanced analytics features could enhance insights for users looking for deeper data analysis. Overall, these are minor points, as the benefits of the platform typically outweigh these challenges! Review collected by and hosted on G2.com.

What problems is Spendflo solving and how is that benefiting you?

Spendflo addresses several critical challenges in software management, significantly benefiting users like me. One major issue is the lack of visibility into software spending; Spendflo provides a centralized view of all subscriptions, making it easy to track expenses and identify underutilized or redundant tools. This transparency allows for better budgeting and informed decision-making, leading to substantial cost savings.

Additionally, Spendflo streamlines the procurement process by simplifying requests and approvals, which reduces the time spent on administrative tasks. This efficiency allows my team to focus more on strategic initiatives rather than getting bogged down in paperwork. The platform also offers valuable insights into software usage, helping us assess whether we’re getting the most out of our subscriptions and guiding decisions on renewals or cancellations.

Moreover, by keeping track of licenses and usage, Spendflo enhances our compliance and governance, minimizing the risk of overspending on unnecessary tools. Overall, these solutions have transformed how we manage our software ecosystem, resulting in improved efficiency, significant cost savings, and greater confidence in our purchasing decisions. Review collected by and hosted on G2.com.

Mangesh G.
MG
Information Security
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Spendflo?

It is very easy to implement and integrate with the current setup and enables us 360 visibility of our SaaS/license spend. It gives all the real-time analytics of the SaaS platform usage and we can review and revoke the unused licenses and save the cost. It has an easy to use interface and it provides consultation for any software procurements at the best market price with great customer support. The company is also compliant in terms of security standards which help to keep customers' data safe. Review collected by and hosted on G2.com.

What do you dislike about Spendflo?

As SaaS platforms are increasing day by day, It should try to integrate new SaaS platforms and increase the visibility of spend. Review collected by and hosted on G2.com.

What problems is Spendflo solving and how is that benefiting you?

We always try to find the best SaaS platforms that can add value to our process and spendflow helps us in consulting to pick the best SaaS software for our usecase at the best market price. It also helps us to monitor SaaS usage and reduce costs by eliminating unused licenses. Review collected by and hosted on G2.com.

Response from Siddharth Sridharan of Spendflo

Hi Mangesh,

Thank you for your thoughtful review! We're glad to hear that Spendflo's ease of integration and visibility are making a difference for you. We understand the need for more SaaS platform integrations and are continuously working to expand our offerings. Your feedback is invaluable in helping us improve!

Best,

Sid

CEO, Spendflo

Vinay R.
VR
Head of Lead Generation, CRM & Research
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Spendflo?

Very impressed with a few things with Spendflow.

1. The team is structured in a way that it's very convinient in communicating.

2. Their account management teams are very good at negotiation. Blow it out of the park in terms of value.

3. The platform is fairly simple and easy to use.

4. They're involved from the get go and understand big players in the industry which is a big up.

5. Very happy with the team and their support. They're hands on and mostly take all the hard parts away from you as a tech leader in terms of contracting, pricing and negotiations. Review collected by and hosted on G2.com.

What do you dislike about Spendflo?

Haven't found too many faults here. They're quick to learn and have a very robust team. Would love for them to just optimize what they do Review collected by and hosted on G2.com.

What problems is Spendflo solving and how is that benefiting you?

Contracting and Negotiations as well as renewals. Saves me huge time in trying to do all of it on my own.

Also procuring new tools has become a breeze. Review collected by and hosted on G2.com.

Response from Siddharth Sridharan of Spendflo

Hi Vinay,

Thank you for your wonderful feedback! We're thrilled to hear that our team and platform are making a significant impact, especially in negotiations and support. We appreciate your suggestion for optimization and are always looking to improve our services.

If you ever have any suggestions or need further assistance, feel free to reach out. We're always here to help!

Best regards,

Sid

CEO, Spendflo

Rita P.
RP
Staff Accountant
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Spendflo?

I believe the contract management feature in Spendflo is very helpful -- it's straightforward and efficient, making it easy to locate and manage contracts. Also, the improvement in our experience after switching negotiation representatives has been notable. The old reps were getting some negative feedback, however, the new ones have been receptive to our requests, particularly in making sure our contract owners are included in every step of the negotiation process. In addition, two of our account representatives - Muhil and Bhaswath - are very helpful with giving my team updates and action items. Review collected by and hosted on G2.com.

What do you dislike about Spendflo?

Some features seem to be still in development, making it somewhat challenging to navigate some reports on the platform. Additionally, the communication between the negotiation reps and the contract owners on my team could be better for smoother collaboration. Review collected by and hosted on G2.com.

What problems is Spendflo solving and how is that benefiting you?

Spendflo is providing a centralized contract management platform, where we have been adding all info about vendors. We also use Spendflo for purchasing and negotiations, though I believe we are still trying to find the best approach on doing it. Review collected by and hosted on G2.com.

Vishek V.
VV
Information Security Manager
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Spendflo?

Spendflo tool has greatly enhanced our vendor management process by providing us with a comprehensive and user-friendly platform to assess and monitor vendor risks effectively. The intuitive interface, customizable risk assessment templates, and automated alerts have streamlined our workflow and improved the overall efficiency of our vendor management program. Spendflo Vendor Risk Assessment Module helps the organizations to strengthen their vendor risk assessment practices. It has been a valuable asset to our team, and are impressed with its capabilities. The Spendflo team has also assisted in making sure the assessments gets completed before the signing of any deal. Review collected by and hosted on G2.com.

What do you dislike about Spendflo?

We would like to see further enhancements to Spendflo Vendor Risk Assessment Module such as assigning same vendor assessment to multiple vendor team members at a same time, ability to get a dump of completed assessment in csv/excel/pdf format. Review collected by and hosted on G2.com.

What problems is Spendflo solving and how is that benefiting you?

Providing an automated solution for performing vendor due dillegence. Review collected by and hosted on G2.com.

Response from Siddharth Sridharan of Spendflo

Hi Vishek,

Thank you for your kind words! We're delighted to hear that our platform has enhanced your vendor management process and workflow efficiency. We appreciate your suggestions for further enhancements and will definitely consider them for future updates. Your feedback helps us improve and better serve you.

Best,

Sid

CEO, Spendflo

Daniela P.
DP
Procurement intern
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Spendflo?

The strong points of Spendflo is how flexible the team is in creating a flow that works for your business. Review collected by and hosted on G2.com.

What do you dislike about Spendflo?

The downside of Spendflo is the time difference between India and Central European time. Review collected by and hosted on G2.com.

What problems is Spendflo solving and how is that benefiting you?

It informs about expirations of contracts, draws attention to renewals, helps purchase tools on the business' behalf. Review collected by and hosted on G2.com.

Tom A.
TA
Manager, Data and Analytics
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Spendflo?

Nothing - they were zero help in negotiations. Review collected by and hosted on G2.com.

What do you dislike about Spendflo?

Not only did they not improve the contract price on two different negotiations, they actually claimed credit for discounts I had already negotiated with the vendor before they got involed. Added to that, in spite of zero cost savings for their own work, their representaive was antagonistic and actually made the process more stressful, and take longer, than if they had not been involved. Having Spendflo along was definitely a net negative to the negotiating process. Review collected by and hosted on G2.com.

What problems is Spendflo solving and how is that benefiting you?

They solved nothing. As I said earlier in review, they actually made the process take longer and ruffled feathers with their involvement, with no change in contract price attributable to their actions. Review collected by and hosted on G2.com.

Response from Siddharth Sridharan of Spendflo

Hi Tom,

Thank you for your candid feedback. We sincerely apologize for the issues you encountered, as this is not the ideal customer experience we aim to provide. We take your feedback seriously and would appreciate the opportunity to discuss this further. I will have my team reach out to you soon to go over the details and address your concerns.

Your satisfaction is our priority, and we want to make things right.

Best,

Sid

CEO, Spendflo

Verified User in Consumer Goods
AC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Spendflo?

Spendflo has been very proactive every step of the way, including the onboarding process as well as the negotiation process. The team is friendly and easy to work with. The platform is user-friendly and provides extremely useful insights in a clear, concise way. I like that Spendflo utilizes an email with a company domain so that vendors believe Spendflo is a part of Chatbooks. On that note, I appreciate the professionalism that Spendflo shows, because if we are going to have Spendflo give off the appearance that they are part of Chatbooks, we need to be able to trust the Spendflo team to interact with our vendors in a professional and kind manner so that trust and working relationships remain strong between Chatbooks and our vendors. Review collected by and hosted on G2.com.

What do you dislike about Spendflo?

So far, I have not come across anything I dislike about Spendflo. Each aspect of the service and tool that I have interacted with has been impressive and it is clear to me how Spendflo provides value to its customers above and beyond what was originally expected. Review collected by and hosted on G2.com.

What problems is Spendflo solving and how is that benefiting you?

The problems being solved by Spendflo include difficulty tracking SaaS spend across various departments, lack of formal purchasing and approval process, gradual increases in SaaS spend, and SaaS contract organization (contract repository, total costs, renewal dates, etc). Chatbooks is benefitting from Spendflo primarily by saving costs and the time and stress burden of negotiation, and the tracking and organization components of the service are added benefits to Chatbooks. Review collected by and hosted on G2.com.

Response from Siddharth Sridharan of Spendflo

Hi there,

Thank you for your thoughtful review! We're thrilled that Spendflo's proactive approach and user-friendly platform have made a positive impact on your SaaS spend management and vendor relationships. We appreciate your feedback and look forward to continuing to provide value to you.

If you ever have any suggestions or need further assistance, feel free to reach out. We're always here to help!

Best regards,

Sid

CEO, Spendflo

Ankita K.
AK
Finance Intern
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Seller invite
What do you like best about Spendflo?

Spendflo has given a true picture of our SaaS Spends. The platform is great for Vendor Management and easy to know and use. Very organized in terms of the Tools history and Reports. Our Procurement flow has been super smooth after taking the services of Spendflo. Their Dynamic License Management feature is one of the most fascinating and helpful feature with so much ease to track the idle and active licenses. Their customer support is worth the credit. Just amazingly responsive and super helpful team they are. Spendflo is so much more than just a Procurement Platform. Very Happy with their services! Review collected by and hosted on G2.com.

What do you dislike about Spendflo?

Their site is a bit slow and takes some time to load. Would be better if there were quite a no. of tools to integrate for the DLM Feature. Review collected by and hosted on G2.com.

What problems is Spendflo solving and how is that benefiting you?

Spendflo Team has been working on integrating some of our major tools for the Dynamic License Management feature upon our request. Review collected by and hosted on G2.com.

Response from Siddharth Sridharan of Spendflo

Hi Ankita,

Thank you for your review! We're delighted that Spendflo's DLM feature was helpful and has enhanced your vendor management and procurement processes. We appreciate your feedback on the site's speed and tool integrations, and we're continuously working to improve these aspects.

Your satisfaction with our customer support means a lot to us!

Best,

Sid

CEO, Spendflo

Verified User in Primary/Secondary Education
UP
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Spendflo?

Spendflo has revolutionized our understanding of SaaS spending. Spendflo has been instrumental in tracking our monthly and yearly SaaS expenditures. The platform's detailed reporting capabilities allow us to easily monitor and manage our spend.The customer support team is exceptionally responsive and helpful, ensuring that every interaction is a positive and seamless experience. Their dedication and efficiency have greatly enhanced our overall satisfaction with Spendflo.Spendflo is far more than a procurement platform—it's a comprehensive solution for efficient SaaS management. We are very happy with their services! Review collected by and hosted on G2.com.

What do you dislike about Spendflo?

The site is taking a bit of time to load. Review collected by and hosted on G2.com.

What problems is Spendflo solving and how is that benefiting you?

Spendflo helps us reduce our spending costs by keeping track of all the SaaS tools we use in one place. It also provides updates for any upcoming renewals. Review collected by and hosted on G2.com.

Response from Siddharth Sridharan of Spendflo

Hey there,

Thank you for your wonderful review! We're thrilled that Spendflo has revolutionized your SaaS spend management and that you find our reporting capabilities and customer support so valuable. We appreciate your feedback about the site load time and are working on improving it. Your satisfaction is our top priority!

If you ever need further assistance, we're here to help.

Best regards,

Sid

CEO, Spendflo