SpendHQ, a provider of procurement intelligence solutions, announced it has analyzed over $10 trillion in spend on its platform. This milestone underscores the company’s scale and the trust it has established with procurement teams worldwide. This large volume of data enhances its AI capabilities, helping organizations make faster and more informed decisions.
In the second quarter, SpendHQ introduced several product enhancements aimed at enhancing the user experience and enabling more detailed analysis. New features include:
- Unified Navigation Experience: A redesigned interface that allows for seamless movement between analytics and performance workflows.
- Dynamic Forms: Smart, conditional forms for project management that speed up setup and offer greater customization.
- Line-Level Approvals: A feature in beta that provides enhanced control for finance and procurement teams.
- Data Transparency Tools: An early access program for Spend Explorer and Rules Manager designed to reduce operational costs and improve efficiency.
New executive: Morgan Power was appointed as the new Chief Financial Officer to lead global financial strategy and support growth plans.
Recognition: SpendHQ was awarded the Silver Medal in the Innovative Suppliers category at the 2025 Trophées des Achats in France. The award recognizes the company’s ability to unify procurement strategy and execution through its data-driven platform.
KEY QUOTE:
“Building a best-in-class company starts with building a best-in-class team. This recognition is a direct reflection of the incredible people who drive our culture every day—collaborative, curious, and committed to making an impact. We’re proud to be named one of Atlanta’s Best and Brightest, and even more proud of the team that made it possible.”
Scott Macfee, CEO of SpendHQ
