Epiq Spend Analysis

What Epiq Spend Analysis is

Epiq Spend Analysis is an online product for examining and planning enterprise spend. It brings together data from ERP, purchasing, P-card, and legacy systems to identify savings opportunities, support policy and contract compliance, and maintain an auditable spend record. AI-powered classification, configurable taxonomies such as UNSPSC and SIC-Code, and supplier and market content enrichment help organize spend data. Users can view consolidated spend, drill into analyses, and use role-based dashboards with standard, pre-built, or customer-specific reports. Classification workflows are user-defined, and the product describes refresh processing within a single day. Epiq offers cloud SaaS or a rapid-deploy application, with configuration, expandability, and branding options. Its cloud platform describes pre-built data-extraction integration scenarios, without naming specific integrations. Epiq describes a secure architecture and hosted web delivery, along with training, implementation, classification assistance, and technical support. It is positioned for buying organizations managing direct, indirect, and services spend. Pricing is on request; prospective customers can contact sales or schedule a demo.