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SpendQube
London, United Kingdom
What it is
SpendQube is a procurement intelligence system combining spend analytics and third-party risk management. It brings information from ERP, supplier management, and contract systems into a unified view, helping teams examine spending across business units and reporting structures. SpendQube says its AI models and procurement expertise classify spend data with 94% accuracy from the first analysis. Users can configure dashboards and reports for executive overviews or detailed category views. The supplier risk module supports onboarding, documentation, approvals, compliance monitoring, and risk scoring. Contract management provides a searchable contract repository with AI extraction and verification. Connections can use APIs, data exports, or downloads, and refreshes can run monthly, quarterly, or on a customer-specific cadence. The maker says setup typically involves an average of 6–8 hours of customer participation. Procurement expert support is available, including a managed service to prioritize opportunities, track progress, and strengthen spend governance. SpendQube is presented for procurement teams seeking spend visibility, savings opportunities, and supplier oversight. Pricing is available on request.
For and against
For
- Combines spend analytics and third-party risk management
- 94% classification accuracy from the first analysis
- Configurable dashboards for executive and category views
- Refresh schedules can be tailored to the customer
Against
- Pricing is available on request
- Setup typically averages 6–8 hours of customer involvement
The verdict
SpendQube brings spend analysis, supplier risk, and contract information into one procurement system. Teams considering it will need to request pricing and assess its fit with their data sources and refresh needs.
Who it suits
SpendQube is aimed at procurement teams, including CPOs and category managers, who need spending visibility, savings analysis, and supplier oversight. It may suit teams that want expert support alongside analytics and risk tools.
Plans and prices
Custom pricing
Contact the team for pricing
Read 9 Oct 2026 · spendqube.com
On the record
- AI classification
- The company says its AI models and procurement expertise cleanse and classify spend data, with 94% classification accuracy from the first analysis.spendqube.com · read 8 Oct 2026
- Company
- The site identifies the company as CONNECTQUBE LTD and lists an address in Ealing, London, United Kingdom.spendqube.com · read 9 Oct 2026
- Company history
- The about page says the company's predecessor consultancy Procurato was founded in 2014.spendqube.com · read 9 Oct 2026
- Contract management
- The contract management system stores contracts in a searchable repository and supports AI extraction and verification.spendqube.com · read 9 Oct 2026
- Dashboards
- Users can customize dashboards and reports using configurable charts and drill-downs.spendqube.com · read 9 Oct 2026
- Data classification
- SpendQube says its AI models and procurement expertise achieve 94% classification accuracy from the first analysis.spendqube.com · read 9 Oct 2026
- Data consolidation
- It consolidates data from ERP, supplier management, and contract management systems into a unified view.spendqube.com · read 8 Oct 2026
- Data refresh
- Data refreshes on a schedule selected to fit the customer, such as monthly or quarterly.spendqube.com · read 9 Oct 2026
- Integrations
- SpendQube says it can connect to systems that support API connections and can also use data exports or downloads.spendqube.com · read 9 Oct 2026
- Intended users
- SpendQube describes its platform and expertise as serving procurement professionals and teams.spendqube.com · read 9 Oct 2026
- Onboarding
- The company manages onboarding, which it says typically requires six to eight hours of customer time.spendqube.com · read 9 Oct 2026
- Product
- SpendQube combines spend analytics and third-party risk management in a procurement intelligence system.spendqube.com · read 9 Oct 2026
- Purpose
- SpendQube combines spend analytics and procurement expertise to help teams analyse spending and find savings opportunities.spendqube.com · read 8 Oct 2026
- Risk management
- The supplier risk module supports onboarding, documentation, approvals, risk scoring, and compliance monitoring.spendqube.com · read 9 Oct 2026
- Risk module pricing limits
- The risk management page says users can invite assessors, suppliers, and internal stakeholders without user limits or tiered pricing.spendqube.com · read 8 Oct 2026
- Security
- SpendQube states that it is certified to ISO 9001 and ISO 27001 and uses enterprise-grade encryption and regular penetration testing.spendqube.com · read 9 Oct 2026
- Spend visibility
- The platform consolidates data from multiple systems, business units, and reporting structures into a unified view of spend.spendqube.com · read 9 Oct 2026
- Supplier risk
- A supplier risk module supports onboarding, documentation, approvals, compliance, and risk scoring.spendqube.com · read 8 Oct 2026
