DESIGNED TO DELIVER
One view of where margin is protected and where it isn't. Every business mapped by exposure, sector concentration, and contract risk, so operating partners know where to start.
Every commitment is modelled at the point of approval. Block, condition, or approve before the contract is signed, across customer pricing, supplier costs, and commodity inputs. Protection becomes built in, not bolted on.
Every business carries overpayments, billing errors, and missed pass-throughs in its supplier base. Spendkey finds them automatically and builds the recovery case with the evidence to back it. The fastest margin improvement you can make, with no new contracts required.
A quarterly exposure dashboard for the CFO and the board. A clear record of every commitment and every decision. A full audit trail across every contract, ready for the next value creation review.
GENERATING VALUE
PE firms and operating partners carry ambitious value creation targets across a portfolio of operating companies. But every business has its own suppliers, contracts, costs, and commercial risks. That makes it hard to identify opportunities, validate savings, and govern commitments consistently across the whole portfolio.
It starts with portfolio-wide visibility. Spendkey brings spend, contract, supplier, and market data from every business into one connected view, giving operating partners a clear picture of margin risk, savings opportunities, contract exposure, and commercial performance.
But visibility on its own isn't enough. Visibility shows you the opportunity. Control is what realises the value.
Spendkey ranks the biggest EBITDA opportunities across the portfolio, recovers value already lost through overpayments and pricing errors, and validates commitments against live cost and market exposure before they go ahead. Instead of finding out months later through management reports, operating partners get a clear, governed view of value creation across every business.
From spend visibility to commercial control, the whole portfolio finally runs on one system of record. Our work across diverse portfolio companies has surfaced six recurring challenges. Spendkey was built to solve them.
Savings surface late, with no independent evidence. Portfolio companies report savings, but operating partners struggle to validate the impact or rank opportunities by EBITDA value.
Recovery sits on the table at every business. Suppliers overbill and pass-throughs get missed across the portfolio. Margin already earned never lands in profit.
Indexed exposure goes unmeasured. Commodity, freight, energy, and currency movements re-price commitments long before the risk becomes visible.
Margin erodes between board reviews. By the time the compression shows up, contracts are signed and fixing it costs more than preventing it.
No portfolio-wide view of commercial exposure. Operating partners lack a single view of risk, commitments, and margin performance across the businesses they own.
Value creation plans run on opinion, not evidence. Without a shared system of record, the narrative rests on company self-reporting, not auditable evidence.
EBITDA Opportunity Assessment
Most PE value creation plans start with company self-reported savings targets and end with company self-reported delivery. Spendkey replaces that loop with independent evidence.
We assess every direct and indirect spend category at each business, enrich every supplier relationship, and rank opportunities by EBITDA impact against sourcing readiness, risk, and business priority.
Every category quantified. Every opportunity ranked. Every business runs a four-week Decision Sprint that ends with a committed sourcing decision and execution underway.
Every direct and indirect spend category assessed at company level.
Ranked by EBITDA impact, risk, and strategic priority, independent of company self-reporting.
Four-week Decision Sprint at every business: two options, one committed decision, execution underway.
PE-level reporting for portfolio oversight, built for operating partner reviews.


Margin Recovery
Every portfolio company carries margin that has already been earned but not landed. Suppliers overbill. Volume tier pass-throughs get missed. Expired contract clauses keep being charged against. Rate errors compound transaction by transaction.
Spendkey matches every vendor and customer transaction against contracted terms across every business, surfaces the variances automatically, and builds recovery cases with the evidence to challenge suppliers.
The variance is already in your numbers. Recovery is the fastest margin improvement available, and it needs no new contracts.
Transaction-level matching across vendor and customer contracts at every business.
Overpayments, billing errors, and missed pass-throughs surfaced automatically.
Recovery cases built with evidence. Cash back to portfolio profit.
Root cause fixed at source, so recurring errors are eliminated, not repeated.
Commercial Control · For commodity-exposed businesses
Across a PE portfolio, some businesses run on commodity-linked inputs: metals, energy, freight, polymers, and currency. For these companies, margin erosion isn't an event. It's a slow, invisible process. Without a control layer, every contract signed is a bet no one has modelled.
Spendkey identifies which businesses carry commodity exposure above 30% of their cost base, and deploys the Commercial Control Layer at those companies first.
It then validates every commitment before sign-off, modelling supplier costs, customer pricing, and commodity inputs at ±5%, ±10%, and ±15%. Every decision is logged with a clear, auditable record.
Identify the businesses where commodity exposure exceeds 30% of cost base.
Deploy the control layer where it pays back fastest. Commodity-heavy businesses first.
Stress-test at ±5%, ±10%, and ±15% before any commitment is signed.
Approve, condition, or block. Every decision logged with a clear, auditable record.


Portfolio Oversight
Spendkey maps the whole portfolio. Each business is profiled by spend baseline, exposure, contract base, and supplier concentration. Operating partners see, in one view, which companies have margin protected and which don't.
The quarterly exposure dashboard is built for the CFO and the board. Every commitment and every decision becomes part of the evidence base for value creation reviews.
Investment committees stop running on opinion and start running on evidence.
A portfolio-level dashboard: every business profiled by visibility coverage and control status.
Exposure flagged by commodity, currency, freight, and sector concentration.
Quarterly exposure dashboard for the CFO and the board.
Full audit trail across every commitment and decision. Evidence, not opinion.
Talk to us about mapping your portfolio's exposure, quantifying the margin gap across the businesses you own, and deploying Spendkey at the companies where margin protection matters most.