SpendHound

Free SaaS vendor management and spend optimization with real benchmarks.

by SpendHound ยท Spend Management

Executive Summary

SpendHound is a 100% free SaaS vendor management and software spend optimization platform. It centralizes SaaS vendor management, helps negotiate better SaaS pricing using real benchmarks from over 50,000 vendors, and provides automated vendor dashboards. It's designed to act as an extension of a company's procurement team, offering significant savings without the typical platform costs. The platform offers clear visibility into software spend, facilitates faster decision-making, and reduces manual work for finance, procurement, and IT teams. It includes features like real-time software budgeting, cloud spend tracking (e.g., AWS), and automated renewal dashboards, ensuring financial control and preventing overspending. SpendHound is recognized as a leader in SaaS Spend Management, praised for its intuitive interface, strong spend visibility, renewal tracking, and exceptional customer support, making setup and management effortless.

Use Cases

  • Negotiating better SaaS pricing using real vendor benchmarks.
  • Centralizing SaaS vendor management and tracking software renewals.
  • Optimizing and budgeting for SaaS and cloud (e.g., AWS) spend.
  • Gaining clear visibility into software expenditures for finance, procurement, and IT teams.

Features

Visibility

  • Centralized Vendor Management: Centralizes all SaaS vendor information, contracts, and spend data in one platform.
  • Real-time Spend Tracking: Provides daily visibility into SaaS and cloud spend, including AWS.
  • Automated Renewal Dashboard: Offers a dashboard for tracking upcoming renewals and contract terms.
  • Software Budgeting: Real-time budgeting tool to help finance teams control software spend.

Intelligence

  • SaaS Pricing Benchmarks: Access to real pricing benchmarks from over 50,000 vendors for negotiation.
  • Negotiation Support: Assists procurement teams in negotiating better SaaS pricing.
  • Spend Optimization Recommendations: Provides insights and recommendations to cut software overspend.
  • AI-powered Compliance Q&A: Vanta AI indexes resources to answer compliance and security questions.

Support

  • Exceptional Customer Support: Praised for responsive and helpful customer support, especially for renewals.
  • Renewal Team Assistance: Dedicated support from the SpendHound renewals team for contract negotiations.

Technical Specifications

Deployment
SaaS
API Available
Yes

Security & Compliance

Certifications: SOC 2 Type 2

Pricing

Model
Free forever
Starting Price
$0
Target Customer
SMB,Mid-Market,Enterprise
Contract Type
No contract required (Free)
Free Trial
No (no credit card required)

Ratings & Reviews

G2: 4.7/5/5