Epiq Spend Analysis
5.2#33 in spend analysis softwareWeb
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| Fact | Epiq Spend Analysis | SpendCraft |
|---|---|---|
| Classification | It supports AI-powered classification, configurable taxonomies including UNSPSC and SIC-Code, and supplier and market content enrichment. | The platform normalizes vendor and item data and uses proprietary AI to classify transactions, with human review and refinement. |
| Headquarters | San Diego, California, United States | Dallas, TX, USA |
| Security | The features page describes a secure architecture and hierarchy designed to protect users, reports, and data. | SpendCraft says customer data is encrypted in transit with TLS 1.3 and at rest with AES 256, and each customer workspace has a dedicated database. |
| Support | Epiq describes practitioner training, implementation and rollout support, classification assistance, and multi-channel technical and help-desk support. | The maker offers product and security inquiries through its contact form and lists [email protected] as a contact email. |
It is aimed at buying organizations, including sophisticated teams managing direct, indirect, and services spend. It may suit organizations seeking spend categorization, compliance support, and auditable analysis.
SpendCraft suits organizations seeking spend classification and analytics, including mid-market finance and operations teams. Its Scale plan is described for companies with $750 million to $2 billion in spend.