Fundraising FoxSpendly
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Spendly connects to a company's ERP, accounting, AP, and vendor systems (or ingests uploaded invoices) and uses AI to audit invoice line items against contracts, historical billing, and market benchmarks to find billing errors, overcharges, and cost-reduction opportunities. It targets mid-market and enterprise finance teams, helping them recover recurring spend and verify savings on future invoices.
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Frequently asked questions
- What does Spendly do?
- Spendly connects to a company's ERP, accounting, AP, and vendor systems (or ingests uploaded invoices) and uses AI to audit invoice line items against contracts, historical billing, and market benchmarks to find billing errors, overcharges, and cost-reduction opportunities. It targets mid-market and enterprise finance teams, helping them recover recurring spend and verify savings on future invoices.
- Who founded Spendly?
- Spendly was founded by Matthew Godley.
- Who are Spendly's investors?
- Spendly's investors include Plug and Play Ventures.