Spendesk

Founded in 2016, we offer an AI-powered spend management and procurement platform. It streamlines financial processes such as procurement, payment cards, expense management, invoice processing, and accounting automation. Our solution simplifies spending for employees and gives finance leaders full visibility and control over all company spend, even in multi-entity structures.

Over 200,000 users in France, the UK, Germany, and Spain use our platform, including more than 5,000 finance teams. We aim to remove obstacles for finance teams by automating spend processes and reducing the time spent chasing receipts. Customers have reported saving up to 90% on invoice processing costs, cutting subscription expenses by 7%, closing month-end 4 days faster, achieving 99% on-time receipt collection, and spending 50% less time on expense claims.

Our platform helps define budgets, set spending rules, manage procurement, monitor and collect data, automate reports, and integrate with existing systems. We support secure payment methods like Apple Pay and Google Pay on both iOS and Android devices. Our security standards include end-to-end encryption, ISO 27001:2022, multi-factor authentication, PSD2, PCI-DSS, and GDPR compliance.

Our mission is “To liberate businesses and people to do their best work.” We support this mission with four guiding principles.

Our first principle is that visibility drives growth. We provide 100% visibility over budgets, contracts, and company spending processes.

The second principle is simplicity leads to adoption. We are committed to designing an intuitive, frictionless platform that requires no training to use.

Collaboration begins with clarity is our third principle. We aim to empower every employee to be accountable for our financial health by establishing clear rules and expectations.

Our fourth principle, trust is our currency, reflects our commitment to managing company money responsibly. We have invested in high security and privacy standards and are a reliable partner for compliance.

We employ between 501 and 1000 individuals. We have offices in Paris, France (Headquarters); London, UK; Berlin, Germany; and Barcelona, Spain.

We value community, especially within finance. We support CFO Connect, Europe’s largest finance community with over 12,000 members. This initiative helps elevate finance teams and positions finance leaders as strategic business partners by offering a platform for professionals to connect, share knowledge, and learn.