Tonkean Acquires AI Spend Intelligence Startup
· Source: sdcexec.com
In short
Tonkean has acquired Cinch, an AI-powered finance and logistics intelligence startup that helps enterprise finance and procurement teams automatically capture, organize, and analyze freight and invoice data in real time. The acquisition brings new capabilities for invoice processing, vendor analytics, and spend intelligence, with Cinch's CEO joining Tonkean as general manager for FinanceWorks.
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In the issue of week 49, 2025: Agentic AI Orchestrates Supply Chains as Security and Governance Accelerate
Tags: acquisition, procurement, invoicing, spend, analytics, finance