DPW 2023!
One source-of-record to understand Price & Demand of technology services.
Thinking Machine AI tackles the complexity of Technology spend and rolls it up into actionable evidence.
Imagine a detailed roadmap for Procurement & Finance. With our platform, you won't just see numbers and data – you'll understand their relevance. Dive deep into the specifics of invoices, contracts, and orders, and then connect these details to your overarching financial objectives.
We can help with all areas of technology: Telecom, Software, IT Hardware, and Professional Services.
Book a time with our founder Richard to learn more!
Unlock information locked in documents, spreadsheets.
Our patent-pending technology extracts the complete data locked in documents. Any format quality, any language. Just drop into a Sharepoint and we take care of the rest.
Optimize spend without manual effort.
Our AI knows how to link your data into a single source-of-record, making it possible to find new types of cost optimization opportunities while making the old processes more efficient.
Manage complex suppliers with ease.
When you own the complexities of price and demand, you are in the drivers seat with your supplier. You consistently achieve greater savings by knowing what the real issues are.
Value Leakage
Despite best efforts, organizations over-spend on Technology services.
Contract Negotiations
Average premium built into contracts due to insufficient data about what the customer actually needs from the vendor
24%
Post-Contract Leakage
Opportunities to optimize spend within the parameters of existing contracts are left on the table.
13%
Billing Mistakes
Billing errors, over-charging, service redundancy and missed refund opportunities
3%
STEP 1) Upload your documents
Our platform manages the accurate extraction of data from your PDF invoices and contracts and merges that data into our AI layer.
Works in almost every language, supplier, and geographic region
STEP 2) Receive your summary report
You get a report highlighting your saving opportunities and a taster of the business insights and consolidated analytics you can receive on the full platform.
Provides the key inputs to your business case
Step 3) Launch the full platform
Receive personalized guidance to action and track opportunities every step of the way. Gain access to a centralized view of the data and insights our platform has connected from your contracts and invoices all over the world.
"I’ve spent days stitching together reports and gotten nowhere near the level of detail I have now"
- Contracts Manager, Telstra Corp.
It’s results without the risk
Because the platform presents to you detailed information, works from just PDF invoices, and comes with a basic ROI guarantee, you can generate best-in-class results without security headaches or uncertain outcomes.
CASE STUDY
Scotia Gas Network generates $150,000 of savings from their Telecom services with years left on the contracts.
Thinking Machine...
- Helped switch off 500 sensors that were previously too hard to decide what to do with
- Uncovered billing mistakes from their vendors
- Moved in-contract mobile tariffs to the most cost-effective selections
- Highlighted specific contract terms causing disproportionate costs
- Streamlined inventory of employee-issued mobile handsets
Finding cost savings is urgent.
Thinking Machine helps you identify significant savings fast so you focus on other priorities.
- Helped switch off 500 sensors that were previously too hard to decide what to do with
- Avoids IT headaches - all it requires are detailed copies of PDF documents.
- We guarantee a minimum 2x ROI or we won’t charge. Typical results are 7x.
