SpendHQ, the leading provider of enterprise procurement intelligence solutions, today announced a strong start to the year with major milestones across business growth, product development, and custom...
Autore: Business Wire
Enhanced Risk Intelligence Capabilities Help Procurement Turn Geopolitical Volatility into Strategic Supplier Planning
ATLANTA: SpendHQ, the leading provider of enterprise procurement intelligence solutions, today announced a strong start to the year with major milestones across business growth, product development, and customer success. With an emphasis on helping procurement address current business challenges such as tariffs, cyber and financial risk, and supply chain complexity, SpendHQ continues to demonstrate its leadership in turning data into value for procurement teams at the world’s largest and most complex organizations.
Business Momentum and Strategic Growth
SpendHQ kicked off 2025 with record-breaking momentum, continuing its rapid, disciplined growth and strengthening its position as a leading AI-driven enterprise SaaS provider.
“Our strong Q1 performance is reflected in our growing list of new customers, as well as the continued expansion within our existing customer base,” said Scott Macfee, CEO at SpendHQ. “More than 200 of our valued customers renewed or expanded their SpendHQ solutions in Q1, reinforcing the strength of our partnerships and our role in supporting their digital transformation journeys. I’m incredibly proud of our team for consistently delivering measurable value and earning our customers’ trust year after year.”
Product Innovation
In Q1 2025, SpendHQ delivered a series of powerful enhancements across its Spend Intelligence and Performance Management solutions, reinforcing its commitment to helping procurement leaders drive smarter, faster, and more resilient decision-making. These advancements, which are designed to provide real-time insights, streamline execution, and mitigate supplier risk within a unified platform, include:
“These new capabilities are about more than just features — they’re about empowering procurement leaders to drive meaningful outcomes with clarity and confidence,” said Pierre Laprée, Chief Product Officer at SpendHQ. “Procurement is facing mounting pressure to deliver actionable results for key business priorities. We're proud to continue innovating alongside our customers to meet the challenges of modern procurement head-on.”
Customer Success
Customer adoption and satisfaction remained a top priority in Q1, with SpendHQ exceeding expectations across key metrics, underscoring the growing impact SpendHQ delivers across procurement teams:
"The implementation of SpendHQ's Performance Management was a great success,” said Laetitia de Navacelle, Head of Procurement Excellence, Avril. “This solution will enable us to implement best-in-class ways of working efficiently. SpendHQ listens to our needs and incorporates our feedback."
Looking Ahead
SpendHQ continues to drive innovation and community engagement in Q2, with key events and content initiatives on the horizon:
About SpendHQ
SpendHQ empowers procurement leaders at complex organizations to make important decisions with confidence by providing a single source of truth for spend data, project tracking, and performance management. By integrating the full procurement workflow – from reliable spend and supplier data in Spend Intelligence to real-time project tracking in Performance Management – teams can easily execute strategy and deliver on their goals related to cost savings, ESG, risk reduction, compliance, and more. Over 500 global organizations rely on SpendHQ’s platform for visibility, workflow organization, and out-of-the-box reporting capabilities needed to accelerate procurement’s impact – all in one intuitive interface. Learn more at spendhq.com.
Fonte: Business Wire