Visibility

BEYOND ANALYTICS

Putting the purchasing power back in your hands

In times of economic uncertainty, profit is the new growth. Instead of relentlessly going after new business and growing revenue, companies must better manage their costs and suppliers to succeed.

But we understand this isn’t easy. Teams often lack visibility and are left without the insights or advice required to make savvy spend decisions, leaving companies vulnerable to exploitation. By taking control of supplier costs and contracts, you can improve your bottom line through reduced spend and shift focus from constantly chasing sales and growing revenue. But spend analytics only goes so far…

At Spendkey, we believe in the transformative power of insights, which is why we go beyond simple dashboards and reporting. We equip your team with granular insights and cost-saving strategies to tip the scales in your favour.

Beyond Analytics
Akshay Alex
Dashboard

PIONEERING PRECISION

Built by industry experts who understand your challenges

Spendkey was founded by seasoned transformation consultants who had already guided numerous business leaders in making data-driven strategic decisions to allocate funds and optimise business transformations efficiently. While working together at a leading strategic consulting firm, founders Alex and Akshay identified a market need for faster, more accurate data processing and insightful analysis to formulate precise recommendations.

Alex and Akshay combined their expertise to develop an innovative technology solution tailored to the specific needs of C-suite professionals. Spendkey was launched in 2020 as what we believe to be the world’s first trustworthy spend analytics solution. Over time, Spendkey has evolved from analytics to become a comprehensive spend strategy platform and dynamic decision-making tool that, today, empowers leaders worldwide.

People

SMARTER SPEND

Our Mission

We’re passionate about leading our customers towards optimal financial performance with clarity, confidence, and collaboration. Our mission is to empower businesses to harness their data and unlock hidden insights to make data-informed decisions that achieve their strategic business goals.

Our AI-powered platform automates data transformation and streamlines processes to deliver intelligent insights and recommendations that enhance efficiency, mitigate risks, and achieve faster savings. We’re committed to providing cutting-edge solutions and support to help businesses of any industry and size control costs and gain a competitive edge.

Smarter Spend
People

meet our leadership team

Meet Our Leadership Team

Alex Grundy
Alex Grundy

Commercial

Babita Nair
Babita Nair

Marketing

Akshay Upadhye
Akshay Upadhye

Technology

A history of reliability and professionalism

Unlock hidden insights and supercharge your earnings growth with the world's first trustworthy spend analytics platform.

Incorporation
2020

Incorporation

Spendkey is founded by visionary consultants Alex and Akshay in November 2020. Spendkey launched as a spend analytics platform with a team of five data analysts to train our AI.

First Customer
2021

First Customer

In March 2021, we welcomed our inaugural enterprise client, marking the start of a lasting collaboration. Later that year, our Partner Program took off with two UK-based consulting firms becoming our pioneering partners.

Expansion
2022

Expansion

Spendkey India Private Limited established in Pune, with our partner network growing globally. Growth in Partner base - Collaborated with a provider of technologies and professional services in procurement in Israel, a Swedish transformation advisory, a leading global systems integrator firm, etc.

Growth
2023

Growth

Secured £358,000 from Fuel Ventures and Scalebridge Capital. Upgraded Spendkey with generative AI for enhanced strategy. Recognized in Spend Matters Spring 2023 Solution Map as a spend analytics vendor. Grew with 15+ new clients and a team of 30 professionals.

People

Leading the Way

Our Industry Recognitions

At Spendkey, we are proud to be recognized for our cutting-edge solutions that transform procurement and finance operations.

While we’re still growing, we have already won and have been shortlisted as finalists for several top industry award reflecting our platform’s innovation, functionality, and ability to drive real impact for our clients.

PSC Award
swiftscale
SpendMatters
100 Award
UK Startup Award
Dashboard

CUSTOMER SUCCESS STORIES

See how we help others

View Case Studies
Pharma company
A Multinational Pharma Company

Learn how a leading Pharma company saved $25M with
spend insights.

Fintech company
A Fintech Company

Discover how a Fintech company achieved cost optimisation by uncovering 300% shadow spend overrun and 50% supplier reduction via normalisation