News overview

Spendscape receives top ranking in Spend Matters' Spend Analytics SolutionMap spring 2024

For the second year in a row, Spendscape by McKinsey has received a top ranking in the spend analytics space for large enterprises in Spend Matters’ Spring 2024 SolutionMap.
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Our cutting-edge platform offers a comprehensive suite of tools and features designed to revolutionize spend management and drive business success. At Spendscape, we understand the critical role that data-driven insights play in optimizing spend and maximizing profitability. Our advanced analytics capabilities help organizations gain clarity on their spend patterns, identify cost-saving opportunities, and make informed decisions that drive growth.

What sets Spendscape apart is our generative-AI-powered platform. Our technology harnesses the full potential of your spend data, transforming it into actionable insights and recommendations in real time. By using AI, Spendscape empowers businesses to unlock hidden opportunities, streamline processes, and achieve sustainable cost reduction.

Find the complete Spend Matters Spring 2024 SolutionMap here.

As the CEO of Spendscape by McKinsey, I am thrilled to receive this recognition by Spend Matters for the second year in a row. At Spendscape, we are committed to delivering exceptional value to our clients through innovative solutions and unparalleled insights. This recognition inspires us to continue driving our innovation agenda and delivering impactful results for our clients. We are grateful for the trust our clients have placed in us and look forward to continuing to exceed their expectations.

Björn-Uwe Mercker, Partner

How we support you in spend analytics

Explore how Spendscape can support your spend analytics journey

Unparalleled spend management insights
Our platform provides a holistic view of your organization’s spend, allowing you to identify trends, outliers, and potential risks. With this data, you can proactively manage supplier relationships, negotiate better contracts, and optimize your procurement strategy.
Advanced analytics for informed decision making
Spendscape’s robust analytics capabilities enable you to dive deep into your spend data, uncovering valuable insights that drive strategic decision making. With customizable dashboards, intuitive visualizations, and interactive reports, you can easily track key performance indicators, monitor savings initiatives, and measure the impact of spend management efforts.
AI-powered recommendations for optimal results
Our generative AI goes beyond traditional analytics by providing intelligent recommendations tailored to your organization’s needs. By leveraging machine learning algorithms, Spendscape identifies patterns, predicts future outcomes, and suggests actionable strategies to optimize your spend and drive sustainable business growth.

How we support you in carbon analytics

Carbon accounting to calculate, report, and reduce CO2 emissions at scale

For the first time, we also submitted our carbon solution and achieved a top ranking. Read more about our carbon and sustainability offering.
Calculate emissions using a spend-based approach
Apply hundreds of thousands of spend-based emission factors at the category level. Comprehensively calculate emissions and identify hot spots and use results for annual CSRD reporting, SBTi, and engaging suppliers.
Refine emissions on a consumption basis
Use our carbon configurator to break down categories or complex items into underlying materials, apply consumption-based emission factors, and receive lists of emission drivers to reduce with suppliers.
Link insights on emissions to decarbonization initiatives
Link emissions to several thousand decarbonization business cases and gain insights into CO2-abatement potential and cost per initiative. Optimize decarbonization based on maximum CO2 reduction/cost.

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