How to spend it? That's one of the essential questions you have to ask when running a startup. Spend analysis is the systematic analysis of purchases to create smarter and more sustainable procurement strategies. Modern spend analytics software and practices have been around for some time. Here's what's new this time around: It has traditionally only been practically possible for large organizations but thanks to new technology, it’s becoming much more accessible—SMEs, NGOs, and the public sector and others can use the methods to increase competitive advantages and develop healthy procurement strategies in more sophisticated data-driven ways than before. At Qvalia we've created a novel platform to automate finance processes— transactions, accounting, analytics, and more. We've created this guide to help more companies understand spend analysis and how it can be of practical use.