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Spendflo

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Last updated on

Company health

Employee growth
10% decrease in the last year
Web traffic
31% increase in the last quarter
Financing
December 2022 - $15M

Ratings

G2
4.7/5
(94)

Spendflo description

Spendflo helps mid-sized and larger companies save money on their software subscriptions. Their platform gives you a clear picture of your software spending and helps find ways to reduce it. They analyze your software usage to eliminate unnecessary subscriptions and negotiate better deals with vendors on your behalf. They integrate with your existing tools, making it easy to get started.


Who is Spendflo best for

Spendflo helps mid-sized companies save on software subscriptions. They analyze usage, negotiate better deals, and offer a centralized management platform. Users praise the support and cost savings but note some limitations in reporting and integrations.

  • Best for medium-sized businesses.

  • Suitable for various industries.


Spendflo features

Type in the name of the feature or in your own words tell us what you need
Supported

Spendflo streamlines SaaS procurement with customizable workflows, automated processes, and centralized management.

Supported

Spendflo offers a centralized platform to manage SaaS renewals, avoiding unexpected costs and ensuring continuity.

Supported

Spendflo offers a centralized platform to manage SaaS applications, licenses, and subscriptions.

Supported

Spendflo optimizes SaaS spending by analyzing usage, eliminating redundant subscriptions, and leveraging discounts.

Supported

Spendflo supports usage reporting to identify trends, optimize licenses, and control costs.

Supported

Spendflo offers real-time SaaS expense tracking and analysis.


Spendflo reviews

We've summarised 92 Spendflo reviews (Spendflo G2 reviews) and summarised the main points below.

Pros of Spendflo
  • Excellent customer support, highly responsive and helpful in navigating the platform and negotiations.
  • Significant cost savings achieved through Spendflo's negotiation expertise and market knowledge.
  • Streamlined procurement process, saving time and effort for internal teams.
  • Centralized SaaS management platform provides a clear overview of spending, renewals, and contracts.
Cons of Spendflo
  • Limited reporting features, making it difficult to project and analyze spending.
  • Turnaround time for procurement and negotiations can be lengthy, sometimes exceeding promised timelines.
  • Product integrations are limited, hindering broader SaaS management capabilities.
  • Lack of automatic document uploads and CRM integration creates manual work for contract management.

Spendflo alternatives

  • Logo of Spendbase
    Spendbase
    Better suited for smaller organizations. Has a free plan available. Spendbase is growing faster than Spendflo. Focuses more on IT and Marketing. Offers pre-built integrations. Positive user reviews mention simplified workflows and expense tracking.
    Read more
  • Logo of JumpCloud
    JumpCloud
    Better for identity and access management, device management, and single sign-on. A strong JumpCloud alternative for companies focused on SaaS spending optimization. JumpCloud is growing faster.
    Read more
  • Logo of SolarWinds Service Desk
    SolarWinds Service Desk
    Better for IT support and asset management. Focuses on IT task automation and request handling. Caters to a broader range of industries. Stronger positive user reviews and ratings.
    Read more
  • Logo of Sastrify
    Sastrify
    Focuses on cost optimization and SaaS subscription management for mid-sized tech companies. Has a pay-as-you-save option. Grows faster and has better ratings. Users highlight strong negotiation skills and centralized platform but mention occasional bugs.
    Read more
  • Logo of Microsoft Intune
    Microsoft Intune
    Better for device and application management. Broader industry fit. Has more momentum. Focuses on security and BYOD policies, unlike Spendflo's SaaS spend optimization.
    Read more
  • Logo of Jira Service Management
    Jira Service Management
    Better suited for IT help desks. Not built for SaaS spend management. Negative sentiment around pricing.
    Read more

Spendflo FAQ

  • What is Spendflo and what does Spendflo do?

    Spendflo helps mid-sized and larger companies optimize their SaaS spending. It provides a clear overview of software subscriptions, automates procurement workflows, manages renewals, and negotiates better deals with vendors, leading to significant cost savings. Spendflo integrates with existing tools for seamless implementation.

  • How does Spendflo integrate with other tools?

    Spendflo integrates with your existing tools to streamline SaaS management. However, user reviews indicate that product integrations are limited, which may hinder broader SaaS management capabilities.

  • What the main competitors of Spendflo?

    Spendflo's main competitors include Torii, Tropic, CloudEagle, Vendr, Fairmarkit, and LeaseQuery powered by FinQuery. These platforms offer similar SaaS spend management solutions, focusing on cost optimization, procurement workflow automation, and renewal management.

  • Is Spendflo legit?

    Spendflo appears legitimate. They offer SaaS spend optimization solutions and are praised for excellent customer support and cost savings. However, some users mention limited reporting features and lengthy turnaround times. Consider these points when evaluating Spendflo's safety for your needs.

  • How much does Spendflo cost?

    Spendflo doesn't publicly disclose its pricing. For detailed product pricing information, it's best to contact Spendflo directly. This will allow you to discuss your specific needs and potentially negotiate favorable terms.

  • Is Spendflo customer service good?

    Spendflo's customer service receives overwhelmingly positive feedback. Users praise the team's responsiveness, helpfulness, and expertise in navigating the platform and negotiations. They appreciate the proactive communication and support throughout the procurement process. While some mention slower response times, the overall sentiment towards Spendflo's customer service is very favorable.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.