Private organizations

Get the most out of your financial data. Identify payment errors, incorrectly processed VAT and missed profits based on more than 450 propriatory algorithms and advanced analytics for private organizations.

Private organizations today face a wide range of challenges. This creates a direct need to improve relationships with partners and suppliers. The basis for improving these relationships is utilizing the available financial data, clear process descriptions and having clarity on the different roles of stakeholders.

Using more than 450 algorithms, we help your organization with identifying and recovering risks and undue payments, gaining full control over all outgoing cash flows and reducing payment risks in order to prevent them in the future. In addition to getting insights in the purchase-to-pay (P2P) process, your organization will receive full insights into supplier behaviour.

Missed profits from supplier and administrative errors that would otherwise go unnoticed can now be used effectively elsewhere in the organization.

SpendLab works for a wide range of clients in multiple sectors: Banking, Retail, Construction, Chemical, Transport and Logistics, Telecom, Real Estate, Manufacturing, Private Equity and food.

Facts & Figures

What is the added value for your organization?

The benefits

Identification and recovery of undue payments

Correction and recovery of incorrectly processed VAT

Advanced risk detection based on more than 450 algorithms

Full insight into all outgoing cash flows

24/7 access to your own customer portal

Case studies

SpendLab is fully focused on its clients. Read directly how our recovery audits helped them to identify undue payments, recover missed profits and prevent future risks.

"We noticed that there was pressure on our margins. Therefore, we got in touch with SpendLab. Their service really appealed to us because they wanted to take care of an assignment on a no cure, no pay basis. The presented-and personal approach convinced us to carry out a recovery audit together."

"Clear agreement on objectives and approach beforehand. Also well-informed about the progress. Results were presented to us in an easy-to-read report that can be shared one-on-one within our organization."

"SpendLab is a no-nonsense organization that is a bit stubborn. SpendLab has delivered what was promised: a strong improvement in its client's performance. Within our organization the awareness has grown that by effective procurement you can greatly reduce your costs and thus increase your returns. SpendLab has shown us the power of procurement!"

"A great collaboration, with SpendLab operating independently and very professionally. It has provided us with great insights into our accounts payable and recovered a great amount of missed profits.

"The findings from the recovery audit have not only led to an attractive cash-in, they also gave us additional insights into internal improvement areas in the area of administrative organization and internal control."