- AI-Driven Accounts Payable Recovery
SpendLab is transforming accounts payable management.
- Headquarters
- Amsterdam, Netherlands
- Investment Year
- Category
- AP Management
- Website
- https://www.spendlab.com
Overview
Based in the Netherlands, SpendLab is the leading AI-enabled accounts payable recovery platform that serves Global 2000 companies, with a client roster featuring world-leading corporations and government entities.
Their proprietary software, which leverages over 450 machine learning algorithms, excels in identifying and recovering savings from financial inconsistencies such as AP errors, outstanding credits, duplicate payments, and control gaps. SpendLab has adapted to more than 20 industries, including technology, oil & gas, healthcare, financial services, automotive, consumer product goods, and transportation.