$2M SEED
4 HEALTH SYSTEMS LIVE
Contract Intelligence for Healthcare

Every invoice checked. $32B in overpayments, stopped.

AI that validates purchased services invoices against contract terms before payment. No more overpayments. No more manual audits. Every dollar accounted for.

Request Demo See the Platform
$323B
Market Size
$32B
Annual Overpayments
4
Health Systems
$2M
Seed Raised
// THE PROBLEM

$32 billion
lost to overpayments.
Every year.

Hospitals pay thousands of purchased services vendors. Contracts are buried in filing cabinets. Invoices get approved without validation. The money disappears before anyone notices.

Invoice #4821 — Linen Services OVERPAYMENT DETECTED
Standard linen delivery Contract: $2.40/lb Billed: $3.15/lb +$18,400
Emergency surcharge Contract: N/A Billed: $4,200 +$4,200
Fuel adjustment Contract: 3% cap Billed: 8.5% +$6,820
Total Overpayment $29,420
// THE PLATFORM

AI that reads
every contract.
Validates every invoice.

01

Contract Intelligence

SpendRule ingests and understands every purchased services contract. Rate schedules, escalation clauses, volume tiers, expiration dates. Every term extracted, indexed, and continuously monitored.

AI-Powered
CONTRACT ANALYSIS — LINEN SERVICES AGREEMENT
Section 4.2 — Pricing Schedule
Base rate: $2.40 per pound
!Vendor billed: $3.15 per pound
+Variance detected: +31.25%
Section 7.1 — Fuel Surcharge
Cap: 3% of invoice total
!Vendor applied: 8.5%
+Exceeds cap by 183%
02

Invoice Validation

Every invoice is cross-referenced against contract terms in real time. SpendRule catches rate variances, unauthorized charges, expired terms, and calculation errors before payment is released.

Pre-Payment
$ spendrule validate --invoice 4821
---
Vendor: National Linen Co.
Contract: NLC-2024-0847
Invoice total: $142,680
---
ALERT: Rate variance +31.25%
ALERT: Fuel surcharge exceeds 3% cap
FLAG: Emergency surcharge not in contract
---
HOLD: $29,420 in potential overpayments
// Routed to AP manager for review
03

Overpayment Detection

Real-time visibility into savings recovered, invoices flagged, and compliance status. Executive dashboards that show the CFO exactly where money is being saved across every vendor relationship.

Real-Time
$2.4M
Savings YTD
847
Invoices Flagged
94%
Catch Rate
142
Vendors Tracked
04

Compliance Reporting

Automated compliance checks against every contract term. Track vendor performance, flag non-compliant invoices, and generate audit-ready reports that satisfy internal governance and external regulatory requirements.

Audit-Ready
✓
Rate schedule validation PASS
✗
Surcharge cap compliance FAIL
✓
Volume tier verification PASS
✓
Contract expiration check PASS
✗
Authorized services only FAIL
// PROVEN IN PRODUCTION

Built by operators
who have done this before.

OSF HealthCare DEPLOYED
Kettering Health DEPLOYED
MemorialCare DEPLOYED
MUSC Health DEPLOYED

Chris Heckler

CEO

25-year healthcare veteran. Founded Valify and sold it to HCA Healthcare, the largest hospital operator in the United States. Knows the purchased services problem from the inside.

SOLD TO HCA Valify 25yr Healthcare

Joseph Akintolayo

CTO

Founded Deposits, a fintech platform backed by Lightspeed Venture Partners. Deep expertise in building financial systems that handle compliance, payments, and complex contract logic at scale.

Lightspeed Deposits Fintech
$2M
Seed Raised
$323B
Market Size
4 Live
Health Systems
TC
TechCrunch Featured
// STOP THE BLEED

Every invoice.
Every contract.
Every dollar.

See how SpendRule catches overpayments before they leave your accounts payable. Built for health system CFOs who refuse to leave money on the table.

Request Demo

Free analysis of your purchased services spend. No commitment required.