$500K in Savings, One Platform: Reveal Data’s Journey with Spendflo

“Spendflo has helped us unlock nearly $500,000 in value by streamlining procurement, consolidating vendors, and negotiating better deals on our behalf. Their people are proactive, their platform is user-friendly, and they continuously evolve with our needs.”

- Scott Stibich, Senior Accountant, Reveal Data

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The Company

Reveal Data is a leading eDiscovery software company that uses AI and advanced analytics to help law firms and consulting clients quickly and accurately analyze massive volumes of legal data. By empowering users to surface the insights they need faster, Reveal reduces manual effort, improves case outcomes, and increases operational efficiency. In August 2023, Reveal acquired two similarly-sized firms, creating a complex procurement environment with duplicative vendors and siloed contracts across its expanded footprint.

The Challenge

Post-acquisition, Reveal faced a tangled vendor ecosystem with multiple contracts spread across acquired entities. There was limited visibility into contract overlaps and significant manual effort involved in managing software renewals and vendor relationships. With the finance team already stretched, Reveal lacked the time and capacity to untangle the web of SaaS vendors, align procurement processes, and renegotiate for better pricing. 

How Spendflo Helps

Spendflo partnered with Reveal to centralize procurement operations, consolidate contracts, and bring clarity to the chaos. The platform provided a streamlined procurement workflow with tailored approval matrices, enabling teams to track vendor requests, contract statuses, and renewals in real-time. Dedicated Spendflo buyers took over negotiation responsibilities, freeing up Reveal’s internal teams to focus on value-add activities. Product customization based on Reveal’s feedback further enhanced platform usability, driving stronger adoption and results.

The Spendflo Benefit

In just 14 months, Reveal unlocked $350K in realized savings and expects another $150K from ongoing vendor consolidation efforts—totaling $500K annually. With Spendflo managing all procurement, Reveal’s finance and tech teams can focus on their core responsibilities without the administrative drag. The visibility provided by Spendflo’s centralized dashboard empowers better decision-making and proactive vendor management. More than just a tool, Spendflo has become Reveal’s procurement partner, evolving alongside them and responding to their needs with agile product improvements.

Looking Ahead

Reveal is expanding its partnership with Spendflo beyond SaaS to manage its entire procurement lifecycle. As the company continues to grow post-acquisition, it aims to fully centralize spend across departments and vendor types. Spendflo’s responsive team, powerful platform, and embedded procurement services are core to Reveal’s strategy to scale operations, optimize vendor relationships, and drive long-term cost efficiency.