vocabulary: name: Spendflo Vocabulary description: >- Domain vocabulary for Spendflo, an AI-native procurement platform covering SaaS spend management, vendor management, procurement workflows, and contract lifecycle management. created: '2026-05-02' modified: '2026-05-02' terms: - term: Intake-to-Pay definition: >- The end-to-end procurement lifecycle from initial purchase request submission through approval workflows to payment processing and vendor onboarding, managed centrally within Spendflo. related: - Procurement Workflow - Purchase Request - Vendor Onboarding - term: Vendor Management definition: >- The process of onboarding, tracking, and managing third-party software vendors and suppliers, including contract terms, renewal dates, pricing, and usage data within Spendflo. related: - Supplier - Contract Management - SaaS Spend - term: SaaS Spend Management definition: >- The practice of tracking, analyzing, and optimizing an organization's spending on software-as-a-service subscriptions, licenses, and tools to eliminate waste and negotiate better terms. related: - Usage Analytics - License Management - Spend Management - term: Purchase Request definition: >- A formal request to acquire new software, a vendor, or an additional license seat, submitted through Spendflo's intake flow and routed through approval workflows. related: - Intake-to-Pay - Procurement Workflow - term: Procurement Workflow definition: >- A configurable, policy-driven sequence of approval steps that a purchase request must pass through before authorization and payment, built using Spendflo's Workflow Builder or AI Workflow Builder. related: - Intake-to-Pay - Approval Policy - term: Contract Management definition: >- The storage, tracking, and analysis of vendor contracts within Spendflo, including renewal date alerts, term extraction, and e-signature integrations (Ironclad, DocuSign). related: - Vendor Management - Renewal Management - term: Usage Analytics definition: >- Insights into how much of a purchased software license or subscription is being actively used, helping identify wasteful spending and right-sizing opportunities. related: - License Management - SaaS Spend Management - term: License Management definition: >- The process of tracking software license allocations, reassignments, and reclamations to ensure optimal utilization of purchased seats. related: - Usage Analytics - SaaS Spend Management - term: Pricing Benchmarks definition: >- Spendflo's database of negotiated pricing data across similar companies and contract sizes, used to evaluate whether a vendor quote is competitive. related: - Negotiation - Vendor Management - term: Flash AI definition: >- Spendflo's suite of AI agents including the Contract Analyst, Payables Agent, Procurement Analyst, and AI Workflow Builder that automate and accelerate procurement tasks. related: - AI Workflow Builder - Contract Analyst - Procurement Analyst - term: AI Workflow Builder definition: >- A Spendflo feature allowing users to design procurement approval workflows through conversational AI prompts rather than traditional form-based workflow configuration. related: - Flash AI - Procurement Workflow - term: Conversational Reporting definition: >- A Spendflo feature enabling users to query procurement, spend, and vendor data using natural language questions rather than building traditional dashboard reports. related: - Flash AI - Usage Analytics - term: Third-Party Risk Assessment definition: >- The process of evaluating vendor security posture, compliance certifications, and business continuity for risk management during vendor onboarding. related: - Vendor Onboarding - Vendor Management - term: Procurement as a Service (PaaS) definition: >- Spendflo's managed service offering where dedicated procurement experts handle vendor negotiations, renewals, and SaaS purchases on behalf of the customer. related: - Negotiation - Managed Services tags: - Procurement - SaaS Management - Spend Management - Vendor Management - License Management - Contract Management - Usage Analytics - AI Automation - Finance Integrations