Company Facts
SpendCraft, in plain facts.
For analysts, press, partners and AI assistants.
The short, accurate version of who we are and what SpendCraft does. If you are writing about us, start here.
Company
- Name
- SpendCraft
- Legal name
- SpendCraft, LLC
- Headquarters
- Plano, Texas, USA
- Founder
- Aditya Chavali
- Website
- www.spendcraft.com
- In one line
- The Savings OS for procurement and finance.
What SpendCraft does
- Summary
- SpendCraft is spend analysis software for procurement and finance teams. It cleans, normalizes and classifies supplier spend into the customer's own taxonomy, keeps it as a governed record called the Corpus, and gives teams tools to work each savings opportunity to a decision.
- Caddies
- Assistants built for one hard problem, such as a renewal, a price increase letter, a possible duplicate payment, taxonomy design, classification corrections or vendor normalization. A Caddie suggests; the user decides. Caddie
- Spaces
- Where ongoing work is kept and tracked. Spaces are generated from spend data on day one, before anything else is uploaded, and users create their own from any Caddie. Spaces
- Scans and Scouts
- Scans run on demand and surface opportunities as Min to Max ranges. Scouts watch the data and report when a condition changes. Scans and Scouts
- Ask Crafter
- Plain English questions answered from the customer’s classified spend, with every figure traceable to transactions. Ask Crafter
- Foundation
- Vendor and item normalization, taxonomy agnostic classification with a person in the loop, and Invoice Augmentation, which reads invoice PDFs and scans to recover line detail ERPs drop. Classification and Normalization
- Supplier Risk
- Supplier health and signals from public sources. It describes signals; it is not a risk score or a full vendor risk management program.
- What it is not
- Not a contract management tool, not a payments tool, and not a source of cross customer benchmarks.
Who it is for
- Teams
- Procurement leaders, category managers, sourcing leads, finance, FP&A and accounts payable, and spend analysts.
- Company size
- Built for organizations with $500M or more in Processed Spend. Renewal, price increase and recovery work serves mid-market teams equally well.
- Where to start
- See the use cases
How the AI is used
- The boundary
- Deterministic code produces every number. Proprietary AI reads free text and file layouts, classifies, narrates results and drafts suggestions that cite the metrics they rest on. It never generates a figure.
- Missing data
- Shown as not on file. Never estimated.
- Decisions
- The AI proposes with evidence. People confirm every decision and every change to a number.
- More
- How the AI works
Security and data
- Audit
- SOC 2 Type II
- Testing
- Annual penetration testing by an independent third party; summary available under NDA.
- AI governance
- Aligned with the NIST AI Risk Management Framework.
- Sign in
- SSO included on every plan.
- Isolation
- Strict per customer workspace isolation. No cross customer data or benchmarking.
- Hosting
- Microsoft Azure.
Pricing and buying
- Pricing model
- Priced by Processed Spend: the annual value of supplier invoices and purchases brought into SpendCraft. Two plans, Platform and Foundation, plus a one time onboarding fee. Exact pricing is shared in a written proposal.
- Trying it
- A paid Proof of Value on the customer's own data, working one category or one moment end to end.
- Connecting data
- Prebuilt connectors or file upload, with minimal day-to-day IT involvement.
- More
- How to buy
Profiles and contact
- Profiles
- LinkedIn · Crunchbase · Capterra
- General and press
- info@spendcraft.com
- Name
- Written as one word, SpendCraft, with a capital C.
Last updated .
See it on your own data.
A Proof of Value works one category or one moment end to end.