SpendStreet
SpendStreet is a unified procurement and AP automation platform for multifamily apartment owners and operators, streamlining purchasing of MRO supplies and indirect services through digital workflows. As a group purchasing organization, it aggregates demand across properties to unlock bulk pricing typically reserved for larger firms. The platform provides real-time spend analytics by supplier, category, and property to surface cost-saving opportunities.
- Property Technology
- Commerce & Shopping
- Software Only
- Artificial Intelligence
- Data & Analytics
Funding
Founders
Founder details are not available yet.
Product
Problem
Multifamily apartment owners and operators often manage procurement of maintenance, repair, and operations (MRO) supplies through fragmented, manual processes. Smaller operators lack the purchasing scale to negotiate competitive pricing, while all operators struggle to gain visibility into spending and supplier performance across properties.
Solution
SpendStreet is a unified procurement and AP automation platform specifically designed for multifamily property management. It streamlines the entire purchasing lifecycle—requisition, ordering, invoicing, and payment—through digital workflows. As a group purchasing organization, SpendStreet aggregates demand across properties, giving smaller operators access to pricing and terms normally reserved for larger firms. The platform also provides real-time analytics covering procurement cycle time, SLAs, dispute resolution efficiency, and transaction frequency, enabling managers to identify cost-saving opportunities.
Target Audience
Primary customers are multifamily apartment owners and operators, including property managers who need streamlined purchasing for MRO supplies and indirect services, as well as procurement teams seeking data-driven cost controls.
Features
- End-to-end digital procurement workflows covering requisition, ordering, invoicing, and payment management
- AI-driven sourcing capabilities that optimize vendor selection and purchasing decisions
- Group purchasing organization (GPO) model that aggregates demand to unlock bulk pricing for operators of all sizes
- Real-time spend analytics tracking by supplier, category, and property to surface cost-saving opportunities
- Pre-vetted supplier network for MRO and indirect services, simplifying vendor selection and contract management