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MeRLIN Spend Analytics vs Spend Monkey

MeRLIN Spend Analytics

merlinsourcing.com

Spend Monkey

spendmonkey.nl

Side by side

FigureMeRLIN Spend AnalyticsSpend Monkey
Price from—€299/mo
Free plan——
Free trial——
Open source——
WebYesYes
APIYes—
Plans published14
Spec score · Spend Analysis Software7.9 (#5)7.2 (#23)
ComplianceMeRLIN announced SOC 2 Type 2 certification and states that it maintains ISO/IEC 27001 compliance.The compliance guideline is described as following the Pianoo methodology and procurement laws and regulations.
HeadquartersMaastricht, NetherlandsLaren, Netherlands
PurposeMeRLIN provides a 360° spend view across suppliers, categories and regions for procurement and finance teams.Spend Monkey provides spend analysis dashboards to help organizations understand spending, minimize risks, and optimize procurement.

Plans

MeRLIN Spend Analytics

  • MeRLIN Spend AnalyticsPriced on request

MeRLIN Spend Analytics pricing →

Spend Monkey

  • Solo€299 a month
  • Compact€499 a month
  • Focus€699 a month
  • Impact€899 a month

Spend Monkey pricing →

In their own words

MeRLIN Spend Analytics

MeRLIN Spend Analytics gives procurement and finance teams a consolidated view of spending across suppliers, categories and regions. It collects, cleanses and enriches procurement data, then uses AI and fuzzy logic to normalize and classify it. Real-time dashboards and standard reports show spend by department, supplier, category and geography, with custom KPI views also available. Teams can compare budget with actual spend across sourcing programs and examine contract terms and early-payment discounts. The analytics highlight potential spend leakage, savings opportunities and negotiation insights. The wider source-to-procure platform includes supplier and category management, sourcing projects, contract lifecycle management, compliance, risk management, e-sourcing, purchasing, invoicing and credit notes. MeRLIN is modular SaaS hosted on Microsoft Azure; customer data-centre deployment is possible in specific situations. It connects to ERP and bespoke systems through standard middleware and can import master data from ERP, PLM or legacy systems. Pricing is on request.

Visit merlinsourcing.com

Spend Monkey

Spend Monkey has no write-up on Specifiction yet; its figures are above.

Visit spendmonkey.nl