SpendHQ Named to 2015 Red Herring 100 List

Atlanta– (June 17, 2015)– SpendHQ has been named to the 2015 Red Herring 100 List as one of the most exciting and disruptive technology companies in North America. Lauded for its pioneering approach to spend analytics in the procurement space, SpendHQ has emerged as the leading pure-play spend intelligence platform for sourcing professionals. SpendHQ Vice President Darren Shipp and Development Manager Andrew Kim accepted the award on behalf of the company on June 3, while attending the annual Red Herring 100 North America summit in San Diego. Past Red Herring 100 recipients include Groupon, LinkedIn, Vitrue, and Tiny Prints.

“We are thrilled to be recognized among such great company as a Red Herring 100 winner,” said Shipp. “Our entire team is devoted to building a solution that solves the problems procurement experts experience with traditional business intelligence solutions. This recognition proves that we have accomplished that.”

The selection process for the annual Red Herring 100 list began with an online application, followed by an interview to assess the state of the business, after which 200 finalists were selected to present to a panel of judges at the annual summit. Shipp represented SpendHQ in the presentation phase, focusing heavily on the company’s explosive growth and unique value proposition as a standalone extension of the highly acclaimed boutique consulting firm Insight Sourcing Group.

“Our incredible team has built something special and exciting,” explained SpendHQ and Insight Sourcing Group CEO Tom Beaty. “Our rich sourcing heritage has enabled the team at SpendHQ to mitigate the cookie-cutter pitfalls of traditional spend visibility tools. That expertise is built into the SpendHQ solution, and that is what enables actionable insight for our customers. That is why we’re a Red Herring 100 company today.”

SpendHQ has also been recognized among Atlanta’s fastest-growing private companies by the Atlanta Business Chronicle, which recently listed the company on its annual list of “Pacesetters.” Insight Sourcing Group and SpendHQ were also recognized on the Atlanta Journal-Constitution’s list of Top Workplaces, ranking first overall in the small workplace category.

For more information, contact Mandy Glidewell, Marketing Manager.

About SpendHQ
SpendHQ is a spend intelligence system that provides rapid, accurate and detailed visibility into your spend data. This full-service SaaS (Software-as-a-Service) spend visibility solution delivers actionable insight for sourcing and procurement professionals. As a standalone extension of Insight Sourcing Group, SpendHQ is built by industry leaders with unmatched sourcing knowledge.

For more information, visit: www.SpendHQ.com

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