# Spend Analysis Software for Procurement and Finance

> SpendCraft is spend analysis software that cleans and classifies your spend into your own taxonomy, then helps your team work each savings opportunity to a decision.

Source: https://www.spendcraft.com/spend-analysis-software/

Spend Analysis Software

# Spend analysis that ends in a decision.

Structured once. Worked every day.

SpendCraft cleans and classifies your spend into your own taxonomy, keeps it current, and gives procurement and finance the tools to work each opportunity to a decision you own.

[Book a demo](https://outlook.office365.com/book/BookaDemo1@spendcraft.com/)[Start a Proof of Value](https://www.spendcraft.com/get-started/)

SOC 2 Type II

Independently Pen Tested

NIST AI RMF

Workspace Isolation

[How We Earn Trust](https://www.spendcraft.com/trust/)

The Foundation

## Your spend, structured once.

The Corpus is a permanent, governed record of your spend that stays current as new data arrives.

### [Connect or upload](https://www.spendcraft.com/product/integrations/)

Prebuilt connectors or file upload. Minimal day-to-day IT involvement.

### [Normalize](https://www.spendcraft.com/product/classification-and-normalization/)

Supplier aliases grouped into one vendor. Items lined up. Invoice Augmentation recovers line detail ERPs drop.

### [Classify in your taxonomy](https://www.spendcraft.com/product/classification-and-normalization/)

Proprietary AI plus rules. Keep more than one taxonomy and reclassify on demand, with a person in the loop.

### [Ask anything](https://www.spendcraft.com/product/ask-crafter/)

Ask Crafter answers plain English questions from your classified spend. Every figure traces to transactions.

Beyond the Dashboard

## Find it. Work it. Watch it close.

Most spend analysis stops at the chart. SpendCraft keeps going.

### [Scans](https://www.spendcraft.com/product/scans-and-scouts/)

Run on demand. Surface supplier consolidation, price variance, contract alignment, demand shape and data quality as Min to Max ranges.

### [Caddies](https://www.spendcraft.com/product/caddie/)

An assistant for one hard problem, from a renewal to a duplicate invoice. It suggests. You decide.

### [Spaces](https://www.spendcraft.com/product/spaces/)

Where ongoing work lives, with pins, notes and what changed since you last looked.

### [Scouts](https://www.spendcraft.com/product/scans-and-scouts/)

Watch the data and report when a condition changes, so nobody has to rerun a report.

Numbers Finance Trusts

## Built to survive review.

### Every number is calculated

Deterministic code produces every figure. Proprietary AI never generates one.

### Missing data stays missing

A field not on file shows as not on file. It is never estimated.

### Savings as ranges

Min to Max ranges scoped to Processed Spend, directional and not guaranteed, until confirmed.

### Your data stays yours

Strict workspace isolation. No cross customer data or benchmarking.

Where Teams Start

## One category or one moment, end to end.

### [Renewal Prep](https://www.spendcraft.com/solutions/renewal-prep/)

Every agreement by notice deadline, with the evidence to act.

### [Price Increase Response](https://www.spendcraft.com/solutions/price-increase-response/)

Your own history, not the supplier's story.

### [Duplicate Invoice Recovery](https://www.spendcraft.com/solutions/duplicate-invoice-recovery/)

Totals from actual invoices, not estimates.

### [Tail Spend Cleanup](https://www.spendcraft.com/solutions/tail-spend-cleanup/)

Many suppliers, small amounts, real money.

Questions

## Common questions.

### What does spend analysis software do?

It brings supplier spend together from your systems, cleans and classifies it, and shows what you buy, from whom and at what price. See [spend analysis, explained](https://www.spendcraft.com/spend-analysis/).

### How is SpendCraft different from a BI dashboard?

It fixes the data underneath with normalization and classification, keeps it current, and gives your team tools to work each opportunity to a decision.

### How is it priced?

By Processed Spend, the annual supplier spend you bring into SpendCraft. See [how to buy](https://www.spendcraft.com/how-to-buy/).

### Is it secure enough for our IT review?

SpendCraft is SOC 2 Type II, completes annual third party penetration testing, aligns with the NIST AI Risk Management Framework, and includes SSO on every plan. See [security and data](https://www.spendcraft.com/security/).

Related reading: [How to choose spend analysis software](https://www.spendcraft.com/spend-analysis/how-to-choose-software/) [Software, consultants or BI?](https://www.spendcraft.com/spend-analysis/options/) [Spend analysis, explained](https://www.spendcraft.com/spend-analysis/)

## See it on your own data.

A Proof of Value works one category or one moment end to end.

[Book a demo](https://outlook.office365.com/book/BookaDemo1@spendcraft.com/)[Start a Proof of Value](https://www.spendcraft.com/get-started/)