Spendesk VS Spendkey

Spendesk Pricing

Spendkey Pricing

Spendesk

• Corporate Cards: Set card limits and create approval flows with smart controls.
• Accounts Payable Automation: Automate invoice handling from data entry to payment execution.
• Procure-to-Pay Solution: Control and automate the entire spending process from request intake to final payment.
• Integrated Budgeting: Plan departmental spending and monitor budgets in real-time.
• Virtual Cards: Generate unique virtual cards for secure one-off or recurring online payments.
• Expense Claim Management: Streamline the process for managing and reimbursing employee expenses.
• API & Integrations: Connect Spendesk with existing accounting software (Xero, Quickbooks, Datev), HRIS, ERP, and other business tools.
• AI-based Automation and Fraud Detection: Utilize finance-focused AI to streamline bookkeeping, uncover insights, and safeguard against errors.
• Multi-Entity Management: Manage finances across multiple legal entities with centralized visibility and tailored controls (Add-on).

Spendkey

• AI-Generated Spend Insights: Uncovers cost-saving opportunities and suggests negotiation strategies
• Automated Document Analysis: Processes, parses, and extracts metadata from diverse document types
• Contract and Supplier Analytics: Delivers market intelligence and supplier performance evaluations
• Budgeting and Forecasting Tools: Offers comprehensive analysis for future planning and budgeting
• Real-Time Dashboards: Provides unified, interactive spend and supplier analytics dashboards
• Customizable Taxonomy: Supports tailored spend category classification and multilingual processing
• Compliance and Risk Management: Identifies non-compliance and potential supplier fraud proactively
• Integration Capabilities: Connects with existing business systems for seamless data flow

Spendesk Use Cases

• Centralizing and controlling company-wide spending.
• Automating accounts payable and invoice processing workflows.
• Managing corporate card programs and employee expenses.
• Securing online payments and managing subscriptions with virtual cards.
• Streamlining procurement processes from request to payment.
• Tracking departmental budgets and spending in real-time.
• Integrating spend data with existing accounting and ERP systems.
• Reducing manual finance tasks and closing month-end faster.
• Improving financial visibility across multiple business entities.

Spendkey Use Cases

• Analyzing company-wide spend data for actionable cost-saving opportunities
• Automating supplier contract management and renewal processes
• Generating and managing budgeting and forecasting with AI-driven insights
• Identifying maverick spend and mitigating supply chain risk
• Optimizing resource allocation with real-time financial intelligence
• Enhancing supplier negotiations with data-backed recommendations

Spendesk FAQs

• How is Spendesk pricing calculated?

  Spendesk pricing consists of a fixed monthly subscription fee for platform access (including unlimited users) and variable fees based on transaction usage (card purchases, invoice payments, expense claims).
• Is there a long-term commitment required for Spendesk?

  You can choose between a monthly rolling contract (cancel anytime) or an annual/multi-annual contract (cancel with 2 months' notice).
• What is the cost for physical corporate cards?

  Ordering physical cards is free of charge, and there are no monthly fees per card. You can order as many as needed.
• Does Spendesk charge per active user?

  No, Spendesk does not charge active user fees. Paid plans allow adding unlimited spenders.

Spendkey FAQs

• How is Spendkey’s pricing structured?

  Pricing is based on annual spend thresholds, user licenses, and specific modules selected. One-time setup fees and additional costs for integration, training, or support may apply.
• Does Spendkey offer support and maintenance services?

  Standard support is included, with customizable support packages and consulting services available at an additional cost.
• Are software updates and upgrades included?

  Software upgrades for existing modules are included, while new features and modules may require additional purchase.
• Can Spendkey integrate with existing business systems?

  Yes, integration is available, with costs varying based on the complexity and type of system integration required.
• What types of documents does Spendkey process?

  The platform handles simple documents such as invoices and POs, as well as complex documents like contracts and master service agreements.

Uptime Monitor

Uptime Monitor