|By PR Newswire||
|December 1, 2016 01:11 PM EST|
ATLANTA, Dec. 1, 2016 /PRNewswire-iReach/ -- SpendHQ, the spend analysis software created for procurement leaders by procurement leaders, announced today that it has partnered with InsideView, the industry leader in targeting intelligence, to help procurement leaders gain detailed and current insights into their vendors to improve monitoring, management and compliance of vendors. With this partnership, the power of InsideView is now available within SpendHQ in the Vendor Information Module in order to provide SpendHQ clients with enhanced detailed vendor information and Insights tracked back to their vendor spend.
"We are excited to partner with InsideView. Their unique technology approach ensures the most accurate details and timely information," SpendHQ's SVP of Product and Operations Darren Shipp said. "This allows our clients to understand their vendors, particularly those they are not familiar with; monitor critical vendor decision points like diversity, industry coverage and location; and, through InsideView Insights, helps them monitor possible issues and industry changes."
SpendHQ is an award-winning spend analysis software created by the procurement leaders at Insight Sourcing Group, one of the largest boutique consulting firms in North America focused exclusively on strategic sourcing, spend analytics and procurement process transformation. "Our clients are using this information to identify potential sourcing partners and points of contact. They are monitoring commitments to financial projections and diversity classifications. They are reviewing current events to understand where supplier risks may lie. The partnership has reaped risk mitigation, compliance and savings benefits for our clients already," Mr. Shipp stated.
The integration was completed using InsideView's APIs, allowing SpendHQ to tap into the InsideView Platform's deep data and real-time insights. The InsideView Platform is the industry's most accurate, relevant and rich source of targeting intelligence. InsideView data comes from multiple sources, is triangulated by algorithms and is validated by human-like logic, all at unmatched speed. The data is directly integrated into SpendHQ so clients exploring spend patterns and the already rich vendor information provided by SpendHQ, can now go to the next level and review third-party data provided by InsideView in our easy-to-use interface.
"InsideView adds insight and intelligence to business conversations to help professionals engage more effectively, which fits perfectly with SpendHQ's mission to drive its strategic procurement goals and savings initiatives," said Heidi Tucker, VP of Global Alliances at InsideView. "InsideView's company information, contact data and insights delivered within SpendHQ will help procurement leaders and business stakeholders stay up to date with their current suppliers, enabling their team to be more strategic in their negotiations and improve communication."
SpendHQ is a spend analysis software that provides rapid, accurate and detailed visibility into your spend data. This full-service SaaS (Software-as-a-Service) spend analytics solution delivers actionable insight for sourcing and procurement professionals. As a standalone extension of Insight Sourcing Group, SpendHQ is built by industry leaders with unmatched sourcing knowledge. Inc. Magazine has ranked Insight Sourcing Group among the fastest growing private companies in America every year since 2008. In 2015, Insight Sourcing Group was also named the #1 Boutique Consulting Firm in the US by Vault.com and the #1 Small Strategy Firm by Consulting Magazine.
Media Contact: Corrina Owens, SpendHQ, 770-481-3026, [email protected]
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