French unicorn Spendesk makes its 1st acquisition with the purchase of Okko

From the initial requisition to the final purchase order, Okko offers a complete workflow, including supplier management, collaborative requisitioning and contract renewal management.

Founded in 2016, Spendesk enables companies to easily control their costs, gain full visibility of their expenses and save valuable time through built-in automation. Its tools are designed to optimize the user experience of finance professionals and teams.

This integration now enables Spendesk to provide a complete SaaS solution covering the entire expense cycle, from requisition to payment. It fosters collaboration between teams and offers an automated, collaborative process, ensuring total control over expenses.

As Rodolphe Ardant, co-founder and CEO of Spendesk, explains, "while finance teams are already using expense management functions for purchase orders - such as payment methods and budget controls - procurement processes are more laborious. Weak workflows and tools lead to a lack of visibility, overwork and cost control difficulties for all the teams involved. Today, we can help our customers improve the efficiency of these complex processes.

Present in the Vintage Altaroc Odyssey 2021, Spendesk has 600 employees across Europe and supports over 5,000 companies, including Soundcloud, Sezane, Doctolib, Printemps and Deezer.