How "Let’s Do This" Leveraged Spendflo for Streamlined Procurement

4x

ROI

80+

Hours saved
headquarters
London, UK
industry
E-commerce
founded
2017

Founded in 2017, Let's Do This is a global platform to discover and book the best endurance events and races across the US and UK. They are working to grow the global endurance events industry into a bigger, more welcoming and diverse space.

“Let's Do This had a complex application landscape with little visibility into usage and costs. Spendflo helped us analyze and identify shadow IT, streamline vendor negotiations, and optimize our software stack.”

Ben Wilson
Fractional IT Manager

Challenge 1: Lack of Visibility into Application Landscape 

Let’s Do This was facing significant challenges in managing its diverse application landscape. With numerous applications in use, the company lacked visibility into their usage, costs, and the criticality of each tool, leading to inefficiencies and potential overspending.


Solution 1: Centralize and Optimize Applications

Spendflo provided a centralized platform that became the single source of truth for all applications and contract organization. This enabled Spendflo to identify shadow IT and streamline software usage.

Challenge 2: Chaotic Procurement and Renewal Process

The procurement and renewal process at Let’s Do This lacked organization, with no clear ownership or streamlined approach due to which the company struggled to keep track of upcoming renewals. 

Solution 2: Dedicated Procurement Services with Slack Integration

Spendflo’s embedded procurement services provided Let’s Do This with a personalized buying team dedicated to their procurement needs. A key feature that stood out for Let’s Do This was Spendflo’s Slack integration. This allowed their team to easily track and manage renewals, receive real-time alerts, and communicate directly with Spendflo’s team—all within the Slack app they were already using. Spendflo managed the end-to-end procurement process which provided a streamlined, hassle-free procurement experience for the customer. 

 

The Results

In just a quarter, Let's Do This saved $100k and achieved a 4x ROI by partnering with Spendflo. The streamlined IT procurement process not only drove significant cost savings but also improved efficiency and accountability, setting the company up for continued success.

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