Can a free SaaS spend tool really replace $50K platforms?
February 26, 2026
Mathew Schulz, former Forrester global procurement leader and Pennywurth’s trusted voice to 36K+ followers, is inherently curious—and he’s putting SpendHound’s boldest claim on trial: that a free SaaS spend platform can stand up to tools that cost $50K a year.
In this live session, Mathew will stress-test SpendHound’s SaaS visibility, benchmarks, and ERP-first design to see if it can deliver the same outcomes finance and procurement teams expect from expensive alternatives.
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What you’ll learn
Why a $1B company built SpendHound, and how it stays free without cutting features
Where you can replace SaaS spend tools you’re paying tens of thousands for today
How a give-to-get model is changing what teams should expect from SaaS spend tech
Our speakers
Mathew is the founder of Pennywurth, a new-age media agency shaping the future of modern procurement. He previously held leadership roles at Ramp, Airbase, and Forrester, where he built procurement functions, led go-to market initiatives, and helped organizations navigate rapid growth.
Today, Mathew advises procurement teams and procuretech founders on strategy, positioning, and adoption—operating at the intersection of procurement, technology, and media. His insights have appeared in Fast Company, Amazon, Forrester, Spend Matters, and LinkedIn.
Outside of work, he’s energized by good people, great design, and the art of travel.
Sreesh Reddy is Director of Product at SpendHound. He has spent over three years at the company leading product strategy and development, helping build SpendHound into a modern platform for software spend and procurement management. Prior to joining YipitData, Sreesh founded and exited a company in the SaaS management space, giving him firsthand experience with the challenges companies face managing software at scale.
Tom Ruello is VP of Sales for SpendHound. He has spent the last 9 years at YipitData, joining as one of the first sales hires and helping the company reach unicorn status in 2021. Most recently he was VP of Sales for their Investor business, moving over to lead SpendHound Sales when it launched in 2023. Prior to YipitData, Tom worked in Institutional Equity Sales in Australia.
