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Spendflo Reviews & Product Details - Page 6

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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Debopama R.
DR
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Spendflo?

1. The dashboard gives visibility of the status of transactions with vendors.

2. It has streamlined the procurement process.

3. It has helped reduce costs by practically evaluating the SaaS products procured through efficient negotiation and fast turnarounds. Review collected by and hosted on G2.com.

What do you dislike about Spendflo?

1. No automatic uploads of documents signed on the platform. Suggest that Spendflo integrate API with the customer's CRM tool to automate the documentation process.

2. No timelines to close transactions. At times negotiation gets stretched. Platform to reflect estimated TAT for deal closures. Review collected by and hosted on G2.com.

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

Spendflo is streamlining the procurement process and effectively managing the spends on vendors. It has taken off a lot of load from the shoulders of finance and legal on procurement process. Review collected by and hosted on G2.com.

Response from Siddharth Sridharan of Spendflo

Hello Debopama,

Thank you for your feedback! We're thrilled that our dashboard with insightful data on Spends and performance metrics, has provided visibility and streamlined your procurement process, reducing costs through efficient negotiation. We appreciate your suggestions regarding automatic document uploads and estimated timelines for deal closures, and we'll work on improving these areas.

Best regards,

Sid

CEO, Spendflo

Sakshi G.
G
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Spendflo?

Spendflo removes the stress of managing multiple accounts and timely renewals of these accounts. Additionally, they help businesses save costs, which could be used for various other purposes. Review collected by and hosted on G2.com.

What do you dislike about Spendflo?

The pricing page is not doing its entire purpose. I can't clearly understand what products I will get after the purchase. The value is unclear. I don't know if it is intentionally vague because of some objective or if the copy needs more work. Review collected by and hosted on G2.com.

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

Spendflo lets businesses purchase the entire stack of Saas products they might need to run their business successfully at discounted prices. It helps them focus solely on their primary targets while the additional management is handled. Review collected by and hosted on G2.com.

Response from Siddharth Sridharan of Spendflo

Hello Sakshi,

Thank you for your valuable feedback! We're delighted that Spendflo has made managing multiple accounts and timely renewals stress-free while also helping you save costs. We appreciate your comments about the pricing page and we are working on making the product offerings clearer. If you ever need assistance or have more insights to share, don’t hesitate to reach out. We’re here to support you.

Best regards,

Sid

CEO, Spendflo

Misbah F.
MF
Manager - Enterprise Business
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Spendflo?

Centralized Purchase Function: Company-wide view of all the software being used in the company which in the past was a very time-consuming process.

Contract Renewal Notifications: This helps us decide if we want to continue using or not.

Negotiation - No hassle of negotiation with the vendors, Spendflo will do it on your behalf. Review collected by and hosted on G2.com.

What do you dislike about Spendflo?

A limitation could be in a situation of urgent purchase to address high-priority business risk. Review collected by and hosted on G2.com.

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

Spendflo is our software procurement partner. We did a POC with them where they saved us 35% with one of the vendors and we are confident they will be able to generate a lot more savings for us in the coming months. Review collected by and hosted on G2.com.

Response from Siddharth Sridharan of Spendflo

Hello Misbah,

Thank you for your fantastic feedback! We're thrilled that our centralized purchase function, contract renewal notifications, and hassle-free negotiations have significantly benefited you. We're so glad we were able save you $25K in the first month! We acknowledge the concern about urgent purchases and are working to improve our responsiveness in high-priority situations.

Please feel free to reach out to us for any support or assistance

We’re always here to support you!

Best regards,

Sid

CEO, Spendflo

Hussain N.
HN
Senior Information Security Engineer
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Spendflo?

Pricing on the new renewals is good, response time is good, vendor management, Customer Success representative is responsive.

All the contracts renewals in a single dashboard with all the pricing and support details Review collected by and hosted on G2.com.

What do you dislike about Spendflo?

Spendflow inherently takes very much time for getting quotes and closing the deal as it tries to negotiate more on the pricing.

90 days advanced notice for renewals

can only upload one single document at a time in contracts Review collected by and hosted on G2.com.

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

Spenflow is negotiating costs for our SAAS tools\softwares on our behalf and saving us the hassle of connecting with OEMS and closing deals.

Manages contracts and renewal dates Review collected by and hosted on G2.com.

Response from Siddharth Sridharan of Spendflo

Hello Hussain,

Thank you for your valuable feedback! We're glad to hear that you appreciate our responsiveness and the convenience of managing all contract renewals in a single dashboard. We acknowledge the concerns about the time taken for quotes, 90-day renewal notices, and document uploads, and we are working on improving these areas. Please feel free to reach out to us for any further support or assistance.

Best regards,

Sid

CEO, Spendflo

Verified User in Computer Software
AC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Spendflo?

Spendflo UI is clean, easy, and simple to navigate. They provided our team with demo call to show us how to navigate and utilize the platform. The Spendflo team is full of highly knowledgeable individuals who you feel have your best interest at heart. They work efficiently and effectively. They are transparent in all steps involved in negotiation from start to finish. The weekly check-ins and follow-up email recaps ensure nothing is slipping through the cracks and everything is resolved promptly. Great experience so far, and I have loved working with the Spendflo team! Review collected by and hosted on G2.com.

What do you dislike about Spendflo?

To date, I do not have anything negative to say about Spendflo. Review collected by and hosted on G2.com.

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

They are negotiating our existing contracts, identifying where savings may be applicable, suggesting new tools for us, and helping us identify where there may be unnecessary spending. Review collected by and hosted on G2.com.

Response from Siddharth Sridharan of Spendflo

Hello,

Thank you for your wonderful review! We're thrilled that you find the Spendflo UI clean, easy, and simple to navigate. It's fantastic to hear that our team has made a positive impact. We're committed to ensuring your experience remains smooth and beneficial. We're also brewing some exciting new product developments at Spendflo, where innovation meets efficiency in the world of procurements. If you ever need assistance or have more insights to share, don’t hesitate to reach out.

We’re always here to support you!

Best regards,

Sid

CEO, Spendflo

Verified User in Higher Education
UH
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Spendflo?

The ease of communication I have experienced during my conversations with the spendflo is commendable. I have never had to think twice before calling them about any issue I'd have with regard to the ongoing procurement. They have a very patient team and is dedicated to help whenever required. Review collected by and hosted on G2.com.

What do you dislike about Spendflo?

In my case particularly, I was a bit surprised at the turn around time required before the contract is closed. With that being said, the team does support completely to ensure the file is closed without any business impact. Review collected by and hosted on G2.com.

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

Reaching out to multiple businesses whenever there is a new Saas requirement or renewal has always been a thorn on our side. Spendflo with its network of vendors solves this problem and negotiates the best deal we could have for that contract. Review collected by and hosted on G2.com.

Response from Siddharth Sridharan of Spendflo

Hello,

Thank you for sharing your experience with Spendflo! We're delighted that our ease of communication and dedicated support have stood out for you. We appreciate your feedback regarding the turnaround time for contract closures and are continuously working to improve this aspect. We're always brewing exciting new product developments at Spendflo, where innovation meets efficiency in the world of procurements.

It's great to hear that our network of vendors and negotiation capabilities have been beneficial for your SaaS requirements and renewals.

Best regards,

Sid

CEO, Spendflo

Aakash  S.
AS
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Spendflo?

Spendflo has helped get our SaaS expenses down massively.

The Team is top-notch and always strives for excellence Review collected by and hosted on G2.com.

What do you dislike about Spendflo?

The next phase for Spendflo is to work more on the product side of things and enable analytics and insights for organisations Review collected by and hosted on G2.com.

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

Procuring/Renewing our SaaS tools at lower costs

We have had Spendflo for two years, and we have reaped massive benefits from them leading our procurements Review collected by and hosted on G2.com.

Response from Siddharth Sridharan of Spendflo

Hello Aakash,

Thank you for your fantastic review! We're thrilled that Spendflo has significantly reduced your SaaS expenses and that our team's commitment to excellence has made a positive impact. We appreciate your suggestion to enhance our product with more analytics and insights. We're actively brewing product developments and enhancements, and currently, we have about 35+ reports besides the dashboard insights, available for your spend management processes.

We'd love to acknowledge our appreciation on reaping massive benefits with us over the past two years! Thank you for being a valueable part of our journey.

Best regards,

Sid

CEO, Spendflo

Ayush M.
AM
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Spendflo?

In the modern times of rising inflation and declining savings, Spendflo provides the best option out there to cut your expenditure on your subscriptions and simultaneously allows you to manage all of them in one place and in one go! The user interface is relatively straightforward to navigate, even for a newbie. Review collected by and hosted on G2.com.

What do you dislike about Spendflo?

As such, there is nothing that I disliked about Spendflo. Review collected by and hosted on G2.com.

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

Spenflo is making it easy for customers to manage their subscriptions in one place and to get a cost reduction on their purchases, thus increasing their business performance. Review collected by and hosted on G2.com.

Response from Siddharth Sridharan of Spendflo

Hello Ayush,

Thank you for your wonderful review! We're delighted that Spendflo has helped you reduce expenditure and manage your subscriptions efficiently in one place. It's great to hear that our user interface is straightforward and user-friendly, even for newcomers. We're thrilled to be a part of enhancing your business performance.

Best regards,

Sid

CEO, Spendflo

Maria Laura S.
MS
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Spendflo?

The tool is easy to use and surf in it. Also, the Spendflo team is very supportive and responsible, and they are always available for what is needed Review collected by and hosted on G2.com.

What do you dislike about Spendflo?

So far, everything seems to be good with Spendflo Review collected by and hosted on G2.com.

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

We have hired a better Netsuite subscription with them. Also they are working on some new tools and the updates of some others Review collected by and hosted on G2.com.

Response from Siddharth Sridharan of Spendflo

Hello Maria,

Thank you for your fantastic review! We're delighted that you find our platform easy to use with intuitive dashboards and insightful reports, and our team supportive and responsible. It's great to know that we've been able to help you secure a better Netsuite subscription and assist with new tools and updates. We're committed to maintaining this positive experience for you.

Best regards,

Sid

CEO, Spendflo

Kevin  J.
KJ
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Spendflo?

1. Negotiation Skill Sets

2. Professionalism

3. Friendly POCs Review collected by and hosted on G2.com.

What do you dislike about Spendflo?

1. Portal is a bit of a nuisance. Adding/Removing requests etc is a not that intuituve Review collected by and hosted on G2.com.

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

1. Cut down on spends

2. Finding the right tool with best features and best pricing Review collected by and hosted on G2.com.

Response from Siddharth Sridharan of Spendflo

Hello Kevin,

Thank you for your insightful review! We're glad that our negotiation skills, professionalism, and friendly POCs have stood out for you. We appreciate your feedback regarding the portal's usability and are actively working to make adding and removing requests more intuitive. We're always brewing exciting new product developments at Spendflo, where innovation meets efficiency in the world of procurements. Keep an eye out on our latest updates in our monthly releases.

Also, it's great to hear that we've been able to help you cut down on expenses and find the right tools at the best prices.

Best regards,

Sid

CEO, Spendflo