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Glean AI: Vendor Analysis — AP automation solution overview, roadmap, competitors, tech selection tips, analyst summary

06/01/2022 By

In this Spend Matters PRO Vendor Analysis, we will give an overview of the AP automation vendor Glean AI and its solution that combines AP automation with spend analytics. 

Founded in 2019, Glean AI is new to the growing AP automation market and seeks to provide a solution that solves a common problem — the identification of savings opportunities from historical spend data. These opportunities are readily identifiable in an organization’s invoice data, yet few businesses today have ready access to the line-level factors driving pricing increases and discrepancies. According to Glean AI, this is “money walking out the door.” 

Whereas traditional AP automation vendors focus on creating invoice and payment process efficiencies, such approaches do not actually reduce overspending. Glean AI seeks to address the spend visibility gap by combining spend analysis with AP automation in one platform for small and medium-sized enterprises (SMEs). 

This Vendor Analysis will provide an overview of Glean AI and what makes it different from other AP automation vendors. It will also explore the concept behind Glean AI, its application, Glean AI’s competitors, tech selection tips and key analyst takeaways.

Here’s why Glean AI matters:

  • To the market — Glean AI provides a fresh outlook on AP automation, by combining invoice capture and processing with spend analysis. 
  • To customers — Glean AI provides explanations and insights (called “gleans”) as to why invoices change monthly and over time. This helps customers to pinpoint where they can increase their savings.
  • To potential buyers — Glean AI’s cost-effective solution is ideal for small and medium-sized enterprises looking for time and money savings using advanced analytics.

This Spend Matters PRO Vendor Analysis will give an overview of the vendor’s capabilities, its competitors, provide tech selection tips and close with key analyst takeaways.

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