The American Red Cross Selects SpendHQ for Spend Visibility Needs

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By employing the SpendHQ spend analytics solution, the American Red Cross will be able to confidentially identify sourcing opportunities and meet cost optimization goals.

SpendHQ | Spend Analysis Software for Procurement

Implementation has been smooth, and early results are encouraging to date. At this point, we believe the Red Cross will achieve its targeted 7X ROI on the cost of this tool.

SpendHQ, an award-winning full-service SaaS spend analysis solution, is providing enterprise-level spend visibility for the American Red Cross. By employing the SpendHQ spend analytics solution, the American Red Cross will be able to confidentially identify sourcing opportunities and meet cost optimization goals.

“After benchmarking spend analytic tools used across all industries, the American Red Cross selected SpendHQ based on our evaluation of their practitioner-built tool and practical approach,” said Tom Nash, Chief Procurement Officer and Head of Supply Chain at American Red Cross. “Implementation has been smooth, and early results are encouraging to date. At this point, we believe the Red Cross will achieve its targeted 7X ROI on the cost of this tool.”

“We are thrilled to work with a great organization like the American Red Cross, and to provide them with full visibility into their entire organization’s third-party expenditures. The visibility we provide will allow them to quickly target savings opportunities, driving value that will help them advance their noble mission,” said Tom Beaty, CEO of SpendHQ. “SpendHQ’s spend analysis solution allows users to quickly and easily access data within seconds, allowing their procurement professionals to be more strategic and make better decisions faster. SpendHQ is the only solution in the market designed and built by sourcing professionals who use it every day for its intended purpose.”

For a comprehensive review of SpendHQ’s spend analytics solution, download Spend Matters Technology Review, which provides an in-depth and expert analysis to help procurement organizations explore the full capabilities of SpendHQ. Click here to receive the complimentary research.

About SpendHQ
SpendHQ is a spend analysis solution that provides rapid, accurate and detailed visibility into enterprise spend data. This full-service SaaS (Software-as-a-Service) spend analytics solution delivers actionable insight for sourcing and procurement professionals.

Recognized for innovation and industry impact in the procurement space, SpendHQ was named to the 2015 Red Herring Global 100 list and listed as a finalist in the 2017 SIIA CODiE Awards as a “Best Big Data Reporting & Analytics Solution” and “Best Data Visualization Technology” solution. With SpendHQ at their fingertips, clients ranging from Fortune 500s to mid-market companies are finally able to see their enterprise spend clearly and drive savings confidently.

As a standalone extension of Insight Sourcing Group, SpendHQ is built by industry leaders with unmatched sourcing knowledge. Inc. Magazine has ranked Insight Sourcing Group among the fastest-growing private companies in America every year since 2008. In 2017, Insight Sourcing Group was also named the #1 Boutique Consulting Firm in the U.S. by Vault.com. Learn more about SpendHQ’s spend analysis solution and start taking control of your enterprise spend data at http://www.spendhq.com and request a spend analytics demo today.

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Corrina Owens
SpendHQ
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