There are moments in business when uncertainty costs more than mistakes. For procurement leaders managing billions in spend, hesitation or blind spots in decision-making can erode opportunities, stall growth, and bleed resources. What they need is not more noise, but clarity—clarity that builds trust, guides action, and proves value. This is exactly where SpendHQ has positioned itself: not just as a solution provider, but as the intelligence engine powering procurement’s most critical decisions.

SpendHQ was not conceived in theory but born out of practice. The company’s roots stretch back to 2012, when procurement professionals at Insight Sourcing Group, frustrated by clunky systems and fragmented data, decided to build something better. What began as an internal tool to cut through complexity evolved into a powerful spend intelligence platform designed to turn data chaos into structured clarity.

Over the years, SpendHQ has grown into a global name with headquarters in Atlanta, Georgia, and Lyon, France, serving over 500 organizations across industries. In 2021, it became an independent company, and by 2022, it joined forces with Per Angusta, further strengthening its ability to deliver visibility, impact tracking, and strategy in one unified platform. Today, it is a trusted nerve center for procurement teams worldwide, backed by a team where 70% of customer-facing professionals hail directly from procurement roles.

Turning Spend Data into Strategic Action

At the heart of SpendHQ lies one promise—every decision begins with clean, reliable, and actionable data. The company recognized early that messy, unstructured spend data was one of procurement’s greatest barriers to success. Without clarity, strategies collapse, opportunities are lost, and business leaders remain unconvinced of procurement’s value.

SpendHQ’s Spend Intelligence module is designed to solve this foundational challenge. It leverages AI-powered analytics to cleanse, categorize, and transform raw spend into crystal-clear insights. For organizations struggling with visibility—where the average procurement team only has 67% of spend under management—this means going from doubt to 97% guaranteed accuracy. This is the difference between chasing assumptions and driving measurable results.

More than data cleanup, Spend Intelligence provides dashboards, automated reporting, and negotiation-ready insights that give procurement leaders the ability to steer conversations with finance, suppliers, and executives from a position of strength.

Procurement’s Daily Operating Tool

Procurement today is expected to deliver more than cost savings—it must drive ESG goals, manage risk, and ensure compliance, all while proving tangible impact to the C-suite. SpendHQ addresses this challenge through its enterprise spend platform that unites Spend Intelligence with Performance Management.

With Performance Management, procurement leaders gain a 360-degree view of their projects, roadmaps, and progress across initiatives. Customized alerts keep teams aligned, while dashboards make impact measurable and transparent. Whether it’s cost reduction, supplier risk mitigation, or achieving sustainability targets, SpendHQ ensures procurement leaders can report value in terms that resonate beyond their function.

This daily operating tool removes silos, connects strategy to execution, and restores trust in procurement’s role as a driver of business success.

Built for Complexity, Designed for Confidence

SpendHQ thrives where others falter—in the complexity of global organizations. It has been trained on $10 trillion of procurement-specific data, making its AI categorization unmatched in accuracy. With over 40 technology integrations, it seamlessly connects with industry-leading tools, simplifying workflows without disruption.

The platform’s strength lies not only in technology but in perspective. With a team steeped in procurement experience, SpendHQ knows the frustrations leaders face: the $1 trillion in annual cost savings when spend isn’t managed properly, the hours wasted on unreliable reports, and the challenge of proving impact to skeptical boards. Instead of offering vague promises, SpendHQ delivers what leaders need most—clarity they can act on.

Humanizing Procurement with Spendy the Fox

In a field often defined by complexity, SpendHQ also adds a touch of humanity and agility through its mascot, Spendy the Fox. Representing cleverness and adaptability, Spendy embodies the company’s belief that procurement doesn’t need to be bogged down in confusion—it can be agile, precise, and one step ahead.

This balance between sophistication and simplicity is part of what makes SpendHQ distinct. It’s a company that understands the human side of procurement: the pressure, the scrutiny, and the responsibility leaders face every day.

A Future Defined by Clarity

The procurement landscape is evolving rapidly. Organizations are demanding more from procurement than ever before—strategic influence, measurable impact, and seamless execution. SpendHQ stands ready, not as a vendor, but as a partner committed to transforming uncertainty into confidence.

Its journey from a frustration-born idea to a global leader in procurement analytics reflects a deeper truth: when data becomes insight, and insight becomes action, procurement shifts from being a cost center to a value generator.

SpendHQ’s story is not about technology alone—it’s about restoring trust, enabling confidence, and proving that procurement is central to business success.

About | Scott Macfee

As CEO of SpendHQ, Scott Macfee leads with a mix of sharp operational insight and a genuine passion for building exceptional teams. With over 20 years of experience spanning procurement technology, private equity-backed SaaS companies, and enterprise operations, Scott brings both strategic depth and a roll-up-your-sleeves mentality to growth leadership.

His path to SpendHQ includes a decade in PE-backed SaaS scale-ups, nearly two decades guiding large systems integration businesses including roles as President, COO, VP of Procurement & Logistics, and management consulting with Ernst & Young. Simply put, he’s seen how great companies run—and how to make them run better.

Scott holds a degree in Sociology and Management from Bucknell University. Customer-focused to his core, he stays plugged into the industry through meaningful conversations with customers and peers and engaging in his networks across Procurement, PE, and investment banking. Mentors like Tom Beaty and Pierre Lapree have helped shape his approach to leadership and innovation.

“In complex organizations, guesswork is expensive. That’s why we deliver a single source of truth—so you can track every dollar, manage every project, and measure every outcome with confidence. No noise. Just insights that drive real decisions.”