Source: businesswire

SpendHQ, the leading provider of enterprise procurement intelligence solutions, has announced a strong start to 2025 with significant achievements across business growth, product development, and customer success. The company has onboarded a record 46 new enterprise clients over the past two quarters while expanding its presence in the Fortune 100.

“Our strong Q1 performance is reflected in our growing list of new customers, as well as the continued expansion within our existing customer base,” said Scott Macfee, CEO at SpendHQ. “More than 200 of our valued customers renewed or expanded their SpendHQ solutions in Q1, reinforcing the strength of our partnerships and our role in supporting their digital transformation journeys.”

The company’s focus on helping procurement teams address current business challenges such as tariffs, cyber and financial risk, and supply chain complexity has yielded impressive results. SpendHQ’s platform is now being used by customers to manage over 47,000 projects and save approximately $5.1 billion. User adoption has increased by 32% year-over-year, highlighting deeper customer engagement.