Spendkey Service Overview Sep 2022 (1) - PowerPoint PPT Presentation

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Spendkey Service Overview Sep 2022 (1)

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Small increments in visibility have a high impact on: • Costs • Quality and innovation • Competitive advantage • Availability • Sustainability – PowerPoint PPT presentation

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Title: Spendkey Service Overview Sep 2022 (1)


1
A scalable, AI-based, SaaS platform for spend
analytics.
2
Why prioritise spend?
Fortune 500
Outgoings
Fortune 500 Third Party Spend
Third Party Spend by 10 EBITDA 32
EBITDA Ratio
3.2
70 Third Party Spend
If it is so easyWhy hasnt everyone done
it? Spend data is poor
3
Poor data impacts visibility
Small increments in visibility have a high
impact on
Visibility Control Efficiency Value
  • Costs
  • Quality and innovation
  • Competitive advantage
  • Availability
  • Sustainability

What you cant see, you cant influence.
Revenue Protection
Audit Readiness
Cash Optimisation
Carbon Tracking
Data Cleaning
Digital Transformation
Post-merger Integration
Strategic Sourcing
4
How we fix poor data and improve visibility
Spend Analytics
Data Transformation
  • Unify ingests clients data from existing ERPs
    systems and secondary data from the web.
  • Build - auto-maps transaction to correct
    category of spend using Artificial Intelligence
    and Machine Learning which significantly
    reduces human effort and increases overall
    accuracy.
  • Watch video
  1. Reveal - dynamic dashboards create visual,
    customised insights.
  2. Empower - our insights transform the user's
    ability to control, influence and drive
    efficiencies.

5
Product Offering
Data Transformation
Spend Analytics
CFOs Analysts COOs
  • Out-of-the Box
  • Tailored Insights
  • Recommendations
  • Predictions
  • Notifications
  • Amplify your visibility
  • spend clarity cloud
  • spend.ai
  • Understand
  • Contextualise
  • Transform
  • Enhance
  • Transform your spend data

6
Output
Want to review 100,000 spend transactions? Client
A 93 accurate Client B 86 accurate
Client C 94 accurate Each of these clients
would take a human 200 days to process. Spendkey
creates insights in 20 minutes.
7
Benefits
Our insights have transformed businesses ability
to control, influence
and deploy cash effectively.
  • 100x insights
  • 95 reduction in management overhead
  • 99 reduction in reporting cycle times

compliance 10
8 6 4
third party risk
spend management
2 0
spend efficiency
cost savings
cash management
Before After
8
Testimonials
It's great to see that you understand our
underlying data quality challenges / issues and
have ready-made solutions to address them.
Often, many providers take a helicopter view that
is detached from reality. Akbar Suleymanov,
Senior Finance Director at Mundipharma
Watch video
We would not have been able to deliver on our
5-week assignment without getting spend insights
in under 2 weeks from Spendkey. Rosalyn Olney,
Co-Founder and Director at Source-Re
Watch video
9
Rapid set-up
10 Day Set-up
Data Refresh Cycles
Client Shares Data
Joint review of data
Spend Clarity Cloud
Ongoing data sharing
Spend Clarity cloud
Consultation
spend.ai
10
Unify and Ingest
Data Transformation
Set baseline currency Translate language Create
a single version
11
Supplier Name Abbbott Rapid Diagnostics Holdings,
Abbott Rapid Diagnostics Ltd, AB Toxicology
Limited Abermedia Limited ABM Aviation UK
Limited A.B.M .
Supplier Name Abbott Rapid Abbott Rapid AB
Toxicology Abermedia ABM ABM
Data Transformation
  • Cleanse and normalise
  • Remove Typos
  • Group the same suppliers
  • Abbreviate where possible
  • Remove non-identifying text
  • Group parent child financial relationships

Supplier Name Abbott Rapid Diagnostics Holdings,
Abbott Rapid Diagnostics Ltd, AB Toxicology
Limited
Supplier Name Abbott Rapid Abbott Rapid Abbott
Rapid
12
Build context
Data Transformation
After Detailed Description Meraki MX250-HW
Security Appliance
Before Brief Description MX250
Continuously refreshed with secondary information
New, granular, concise data labels. Generating
powerful customised insights that align to your
requirements.
13
Pune
16 strong team in India.
Everything in-house.
London 9 strong team in UK.
Plus five advisers, experience includes corporate
development, developer for Thoma Bravo portfolio
companies, consulting founders, and start-up
Chief Financial O?cer.
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