What is Spendflo?
Spendflo AI deploys a workforce of AI agents, analysts, and assistants to automate the entire procurement lifecycle from intake to payment. The platform handles complex scenarios like vendor changes mid-request, missing contracts, budget overruns, and auto-renewal risks without manual intervention.
With pay-per-completed-request pricing, businesses only pay for what Flo closes, not per seat. Spendflo integrates with existing systems to deliver spend control, compliance, and efficiency, reclaiming thousands of hours annually for finance and procurement teams.
Features
- Intake-to-Procure Automation: Automates the entire process from request intake to purchase order issuance.
- AI Contract Agent: Handles contract analysis, gap detection, and renewal management.
- Payables Agent: Automates invoice processing and two-way matching.
- Procurement Analyst: Provides real-time spend insights and analytics.
- Third-party Risk Assessment: Automates vendor risk evaluation and onboarding.
- Budget Overrun Detection: Flags budget gaps at the moment of request before approval.
- Auto-renewal Risk Detection: Identifies auto-renew clauses 60 days in advance with benchmark data.
Use Cases
- Automate procurement requests and approvals across departments.
- Manage contract lifecycles and renewals with AI-driven insights.
- Streamline vendor onboarding and third-party risk assessment.
- Reconcile invoices and purchase orders with automated matching.
- Gain real-time visibility into organizational spend and usage.
FAQs
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How does Spendflo pricing work?
Spendflo charges per completed request or invoice processed without human touch, not per seat or user. You pay for what Flo closes. -
What is the deployment time for Spendflo?
Flo is live in 14 days. The savings start on day one. -
What procurement tasks does Flo automate?
Flo automates the full cycle: intake and approvals, contracts and renewals, and accounts payable. It also handles vendor onboarding, third-party risk assessment, and usage analytics. -
Can Spendflo handle complex procurement scenarios?
Yes, Flo handles vendor changes mid-request, missing contracts, budget overruns, invoice mismatches, and auto-renewal risks automatically.
