SPENDHQ
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Scott Macfee CEO , SpendHQ
SPENDHQ
REVENUE : US $ 25M EMPLOYEES : 124 CEO : SCOTT MACFEE FOUNDED : 2012
SpendHQ is a spend analysis solution that enables SRM by providing comprehensive insights into procurement data .
With tools such as supplier performance management , which analyses spend data , the programme can highlight supplier performance metrics such as delivery times , quality issues and compliance , enabling procurement teams to manage supplier performance effectively .
The platform can also help identify potential risks in the supply chain by monitoring spend and supplier data for red flags , such as over-reliance on single suppliers or financial instability among suppliers . procurementmag . com 35