# SpendHQ: what it sells, price and AI features

URL: https://www.newsprint.com/companies/spendhq/
Covers: Oct. 7, 2025 to Sept. 30, 2026
Updated: 2026-11-11
License: CC BY 4.0, https://creativecommons.org/licenses/by/4.0/
Cite as: Newsprint, "SpendHQ: what it sells, price and AI features", https://www.newsprint.com/companies/spendhq/, updated 2026-11-11

> SpendHQ is on the AI procurement software map. We record 3 dated launches and events for it. The latest is dated Sept. 30, 2026.

"The AI platform built for procurement." SpendHQ gives procurement leaders one place for spend intelligence, project tracking and performance management. AI processes and categorizes spend data. Savings Radar surfaces and sizes savings opportunities on its own, and purpose-built procurement agents, from the Sligo AI acquisition, prepare work such as negotiation playbooks. Source: [spendhq.com](https://www.spendhq.com/).

## Facts

- Site: [spendhq.com](https://www.spendhq.com/)
- Category: Spend analytics
- Status: Active

## On the research maps

### [The AI procurement software map](https://www.newsprint.com/research/procurement-software/#co-spendhq)

"The AI platform built for procurement." SpendHQ gives procurement leaders one place for spend intelligence, project tracking and performance management. AI processes and categorizes spend data. Savings Radar surfaces and sizes savings opportunities on its own, and purpose-built procurement agents, from the Sligo AI acquisition, prepare work such as negotiation playbooks. Source: [spendhq.com](https://www.spendhq.com/).

- Category: Spend analytics
- Price: not published; sales-led (demo request)
- AI capabilities: Named agent, Contract review, AI negotiation and Spend classification
- Scale: Established: a public parent, or a disclosed customer base (Vendor says its platform is trusted by more than 500 organizations in 10 countries and has analyzed more than $10 trillion of spend)

Sources: [spendhq.com](https://www.spendhq.com/), [web.spendhq.com](https://web.spendhq.com/spendhq-sligoai), [spendhq.com](https://www.spendhq.com/press/spendhq-and-sligoai-ai-procurement-software/), [spendhq.com](https://www.spendhq.com/press/spendhq-sligo-ai-acquisition-agentic-ai/) and [spendhq.com](https://www.spendhq.com/press/spendhq-savings-radar-procurement-savings/).

## Launches and dated events, newest first

### SpendHQ launches Savings Radar

Launch, Sept. 30, 2026. SpendHQ launched Savings Radar, which evaluates spend, contract, sourcing, project and realized-savings data to surface prioritized savings opportunities with estimated savings ranges. Each opportunity links to an AI agent that can prepare work such as negotiation playbooks.

Source: [Vendor release](https://www.spendhq.com/press/spendhq-savings-radar-procurement-savings/). From [the AI procurement software map](https://www.newsprint.com/research/procurement-software/#co-spendhq).

### SpendHQ acquires Sligo AI

Acquisition, April 2, 2026. SpendHQ announced the acquisition of Sligo AI (Sligo Software, Inc.), which it calls the pioneer in Agentic Enterprise Procurement infrastructure. SpendHQ said the deal lets it deliver configurable agentic AI that executes work across procurement workflows, "not just generate insights".

Source: [Vendor release](https://www.spendhq.com/press/spendhq-sligo-ai-acquisition-agentic-ai/). From [the AI procurement software map](https://www.newsprint.com/research/procurement-software/#co-spendhq).

### SpendHQ invests in Sligo AI and launches an agentic procurement platform

Partnership, Oct. 7, 2025. SpendHQ made a strategic investment in Sligo AI and said the two companies would launch the first Agentic Enterprise Procurement platform, pairing SpendHQ's spend data with Sligo AI's agents. Sligo 2.0 offers three deployment models, including one inside the customer's own private cloud.

Source: [Vendor release](https://www.spendhq.com/press/spendhq-and-sligoai-ai-procurement-software/). From [the AI procurement software map](https://www.newsprint.com/research/procurement-software/#co-spendhq).

## Methodology and corrections

How we track launches, and how to report an error: https://www.newsprint.com/updates/pr-software/#methodology