We help Procurement & Finance eliminate wasted spend by extracting in-depth granular spend data from Page 2+ of every invoice and contract.
Incomplete and unreliable data consistently undermines your cost-saving efforts. Much of the data you have available to deliver cost savings is incomplete, dirty, and unreliable.
The current state of solutions today only add to this problem.
Today's solutions are all built on transactional data from Accounts Payable systems. This provides at best a summary of your spend.
Provide a limited glimpse at inventory-level data over a limited number of spend categories
Generated by vendors and internal stakeholders raise more questions than they answer
Specialize in complex categories like Logistics & Utilities but are locked to those categories
With in-depth catalogues and inventories reconciled to consumption, SLAs, and pricing.
Transform disparate and messy data into a golden source of record.
Automatically identify refundable billing errors and opportunities to optimize spend.
Extract and structure in-depth data for financial analyses from any document
Automate the hardest parts of setting up and mapping taxonomies. Create your own or use our taxonomies specialized for cost optimization analytics
99.5% accurate over any document complexity, format, and language
Automate key procurement metadata extraction. Answer any question with supporting evidence in real-time
Automate cost center allocation and expense management reports over Cloud, SaaS, Telecom, IT services
Automate in-depth audits at the product / SKU level. Configurable for complex pricing and rating algorithms
Enrich and reconcile inventory data from documents, reports, and ERP/CRM data
Add 7 new levels of depth to your spend analytics. Map 100% of spend to services, products, prices, consumption, and SLAs
Connect your Email inbox. Integrate your SharePoint, ERP or CRM. Drag-and-drop manually. Wherever your documents are, in any format or language, we’ll handle the rest.
Internal saving opportunities from existing contracts
Benchmarking data to support future negotiations
These analytics connect detailed data about your vendors, services, and products from any geography and language. This is your key for automating the creation of complicated report building, and achieving transformation in your global workflows.
Our platform provides you all the detailed information and context needed to empower internal teams to work together and implement opportunities.
We also offer managed customer success packages if you want a helping hand.
85 Great Portland Street, London, UK, W1W 7LT
TMS is an AI company that creates cost savings from Telecom expenses.