STOP spending an exorbitant amount on spend consultants when you could have machines to do it

Harness the power of data to cut costs, de-risk, and streamline procurement using SpendAi, a state-of-the-art ML-driven spend analytics products

Slash costs with increased negotiating leverage using Unique Vendor Identification

Find out how

Streamline procurement with industry-specific taxonomy for your business needs

Find out how

Visualize and optimize spend with over 98% automatic spend categorization

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Generate spend savings and supplier risk insights automatically from your data

Mitigate supplier risk from having too many or too few suppliers with automated recommendations

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Realize 2-4% savings in 6-8 weeks rather than months and years

Value Proposition

With low upfront investment, shared success, and quick savings, SpendAi generates a budget for you while accelerating cost savings with no hidden fees.

Guaranteed 5x ROI in 6-8 weeks
Get tangible value in record time. No more waiting for months or years for uncertain results

Pay only for outcomes
We put our money where the math is. Pay us only when your KPIs are met

Plug, play and go live
Hosted on-premise or as a service, requires no expensive consultants, and is ready to go live

Scalable for businesses of all sizes Caters to Fortune 5 to mid-sized enterprises across diverse industries

10x Lower costs of Data Science
Build vs buy, Faster, Better, Cheaper. Less cost, less risk

We put our money where the math is!

Why is SpendAi better?

With our Gainshare model, we live up to our words and offer to make our money only after we save for you. The critical tool in overcoming procurement challenges is leveraging your data with AI/ML. Our market-proven products cater to Fortune 5 to mid-sized enterprises across all industries.

Why spend better image, A person calculating expenses

SpendAi

ML based approach with self learning continues to get better with more user interaction and data
Ready to use pre-trained, fully operational
Business outcomes in 6-8 weeks

Rules-based IT products

Rule-based systems don’t learn. Need to keep rules updated, tested and deployed. Expensive and painful
Inability to look at data in multiple dimensions that machine learning can

The five foundational pillars of Spend Intelligence

The role of procurement has never been this important before. Our five-part series discusses the foundational pillars of Spend Intelligence.

A Top-5 Fortune 500 retailer

World’s leading chemical producer

Top-3 US city goverment

Leading American luxury retailer

Leading American department store chain

Leading US-based cloud solutions provider

Fortune 500 financial services company

Global pharma powerhouse

World’s leading credit rating agency

US-based academic healthcare network

Leading US healthcare provider

Global leader in AI solutions

Success Stories

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TMT

Delivered $125M in savings annually and 99% spend classification

Retail

Enhanced company wide spend visibility, higher supplier negotiating leverage, and 98% spend classified

Healthcare

Enhanced company-wide spend visibility, 25% supplier compression, and 99.5% spend classification

TMT

Delivered $125M in savings annually and 99% spend classification

Retail

Enhanced company-wide spend visibility, higher supplier negotiating leverage, and 98% spend classified

Healthcare

Enhanced company-wide spend visibility, 25% supplier compression, and 99.5% spend classification

Resources

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Blog

February 21, 2023

Making every dollar count with SpendAi

December 16, 2022

Demystify contracts with ContractAi

September 8, 2022

Timely, accurate, and usable spend analytics in a turbulent world

August 12, 2022

Spend Intelligence: how to save 2-4% on your spend in 6-8 weeks

ElectrifAi’s pre-built Machine Learning, NLP, and Computer Vision software products solve high-value business problems with guaranteed 5x ROI in 6-8 weeks. We call this transformative impact as Consequential Ai. Our products help you drive top-line revenue growth, improve operational efficiency and reduce risk, while you pay only when your KPIs are met. We partner with a diverse range of clients—from Fortune 500 to mid-sized enterprises—transforming their data into a strategic weapon to drive enterprise growth and profitability.