SpendHQ acquired Sligo AI, enabling SpendHQ to deliver configurable agentic AI capabilities in enterprise procurement, and allowing for systems that can execute work across entire procurement workflows.
“The real problem in enterprise procurement has always been complexity with data, systems, and how organizations operate across both,” says Tom Beaty, founder and chairman, SpendHQ. “What this brings together is the ability for organizations, particularly those in highly regulated industries, like financial services, healthcare, defense, and critical infrastructure, to run AI in a way that fits their environment, their requirements, and the way they already work.”
“Agentic AI is only as good as the data it operates on,” adds Scott Macfee, CEO, SpendHQ. “We’ve spent years building a trusted data foundation. Now with Sligo AI, we’re accelerating the path from insight to value, helping teams move faster and deliver even more strategic impact.”
Key takeaways:
· SpendHQ was built to solve the data problem. In fact, the SpendHQ platform gives procurement leaders a structured, trusted, purpose-built data foundation that when combined with native AI drives reasoning, insights and results with confidence.
· Sligo AI was built to solve the deployment problem. Built by procurement and AI practitioners, its infrastructure allows AI systems to be deployed in ways that align with a company’s existing security, compliance, and technical requirements.
· With the addition of the Sligo AI platform, SpendHQ can now deploy custom agentic solutions in multiple ways, such as inside a customer’s own cloud environment; a managed deployment with dedicated infrastructure; and embedded into existing enterprise systems through APIs.
· As part of the acquisition, Sligo AI founder and CEO Matt McCarrick was appointed chief AI officer (CAIO) at SpendHQ and will continue to lead the Sligo AI platform and services lines.
