Market Overview

SpendHQ Experiences 42% Growth in First Half of 2018


SpendHQ is now providing spend visibility to over 250 clients worldwide

ATLANTA (PRWEB) August 13, 2018

SpendHQ, the leading SaaS spend analysis solution created for procurement and sourcing leaders, announced today that they have added 15 new clients in the first half of 2018 and have experienced more than 42% revenue growth compared to the same period last year.

SpendHQ is now providing enterprise-level spend visibility for over 250 global clients, representing leading companies in media and technology, computer software, retail, higher education, industrial manufacturing, and non-profit and membership groups. New clients include the American Red Cross, General Communications Industries (GCI), and Zebra Technologies to name a few.

"We continue to expand our presence in the market as the only spend analysis solution provider that can deliver actionable insights for procurement and sourcing professionals," said David Bush, chief revenue officer of SpendHQ. "Our rich sourcing heritage helps us to avoid the pitfalls of traditional spend visibility tools and enables our users to do their job with greater strategic focus, quickly and efficiently, often achieving as well above 20:1 return on their investment of SpendHQ in the first year."

To learn more about how SpendHQ can solve your organization's spend visibility challenges, click here to download an in-depth review and expert analysis on SpendHQ by Spend Matters.

About SpendHQ

SpendHQ is a spend analysis solution that provides rapid, accurate and detailed visibility into enterprise spend data. This full-service SaaS (Software-as-a-Service) spend analytics solution delivers actionable insight for sourcing and procurement professionals. With SpendHQ as your command center, you give procurement leaders inside your organization the power to impact the bottom line.

Recognized for innovation and industry impact in the procurement space, SpendHQ was named to the 2015 Red Herring Global 100 list and named the best Best Big Data Reporting & Analytics Solution and Data Visualization Technology solution in the 2018 SIIA CODiE Awards. With SpendHQ at their fingertips, clients ranging from Fortune 500s to mid-market companies are finally able to see their enterprise spend clearly and drive savings confidently.

As a subsidiary 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 2017, Insight Sourcing Group was also named the #1 Boutique Consulting Firm in the U.S. by To learn more about SpendHQ's spend analysis solution and start taking control of enterprise spend data, request a custom spend analytics demo today.

Stay up to date with all things procurement by visiting SpendHQ's procurement blog and by following on LinkedIn.

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