Spend Monkey vs Structera Spend Analytics
Spend Monkey
spendmonkey.nlStructera Spend Analytics
structera.co.ukSide by side
| Figure | Spend Monkey | Structera Spend Analytics |
|---|---|---|
| Price from | €299/mo | Free |
| Free plan | — | Yes |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Plans published | 4 | 2 |
| Spec score · Spend Analysis Software | 7.2 (#23) | 7.6 (#10) |
| Headquarters | Laren, Netherlands | United Kingdom |
| Support | Compact and Focus include free support, and the site says BI specialists are available to help. | Support is provided by email, and the maker says its small UK-based team answers support messages itself. |
Plans
Spend Monkey
- Solo€299 a month
- Compact€499 a month
- Focus€699 a month
- Impact€899 a month
Structera Spend Analytics
- Sample classificationFree
- Full dataset classification£25, paid once
In their own words
Spend Monkey
Spend Monkey has no write-up on Specifiction yet; its figures are above.
Structera Spend Analytics
Structera Spend Analytics classifies procurement transaction exports into a three-level spend taxonomy and classified dataset. Its taxonomy is based on UNSPSC and cross-referenced to SIC, NAICS, and NACE. An AI engine assigns classifications, and users can review and correct results marked with low confidence. Those corrections are stored by supplier and applied automatically if that supplier appears in a future run.
Users can inspect a free sample, validate the taxonomy, and apply it to a full dataset for a one-off payment. Paid exports include an Excel workbook and an insight pack covering category analysis, supplier actions, tail-spend analysis, and a quick-wins playbook. Excel output can feed BI tools such as Power BI, Tableau, and Looker, but dashboards are not included. The free sample covers about 100 representative rows and is limited to one per data type per account. Full dataset classification costs £25 minimum, followed by tiered per-row charges; applicable taxes are excluded. Uploads accept CSV, XLSX, or XLS files up to 25 MB. The maker identifies SMEs, finance teams, consultants, and consultancies conducting one-off spend reviews as intended users.