Datarails has launched Spend Control, a new AI-powered solution designed to give CFOs and finance teams centralized visibility into vendor contracts and subscriptions, helping organizations eliminate wasteful spending and regain control over renewals. The platform is the first of its kind to offer full ERP integration, paired with an AI agent that reviews contract terms, benchmarks market alternatives, and drafts optimized renewal requests.
The launch builds on Datarails’ recent $70 million Series C funding and follows the company’s broader push to embed AI agents across the CFO’s office. Spend Control is aimed at addressing a costly and widespread problem: fragmented contract management. With subscriptions and SaaS tools often owned by multiple departments, finance teams frequently rely on spreadsheets, inbox searches, and calendar reminders—an approach that leads to duplicate tools, missed renewals, and so-called “zombie subscriptions.”
“Finance teams are losing millions to zombie subscriptions and duplicate tools because they lack a unified, simplified view of their vendor landscape,” said Didi Gurfinkel, Co-founder and CEO of Datarails. “As we continue transforming how finance teams approach every aspect of financial planning and analysis, we’ve launched Spend Control not just to track contracts, but much more importantly to provide the strategic insights CFOs and their teams need to turn spend management from a cost center into a competitive advantage.”
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Industry data underscores the scale of the challenge. Businesses lose nearly 9% of contract value each year due to poor contract management. In complex industries, losses exceed 15%, as reported by a 2025 World Commerce & Contracting study. The research also found that contract data is scattered across more than 20 systems on average. This limits visibility and slows decision-making.
Spend Control centralizes contracts in one hub. It uses AI for data extraction. It integrates with DocuSign and email. It automates the reconciliation of contract terms with actual payments. It also detects duplication across teams. It sends smart alerts for expirations and auto-renewals. Plus, it provides real-time dashboards. Additionally, embedded AI agents offer cost-saving insights and automate vendor communication.
Datarails unifies contract data and uses AI analysis. This makes Spend Control a key tool. It helps cut waste, boost forecasting accuracy, and supports disciplined, insight-led spending.
