The rise of the digital supply chain: How the digitalization of the supply chain is driving greater efficiency, transparency, and collaboration across the procurement process

Today we’re delving into the heart of a revolution that’s shaking up procurement processes all around the globe: the digital supply chain. The digitalization of the supply chain is transforming procurement, driving greater efficiency, transparency, and collaboration across the procurement process. In this article, we’ll better understand how the rise of the digital supply chain […]

Cost Optimization Solutions – How do They Work?

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You’re probably expecting an answer that involves AI, Machine Learning, <insert fancy tech here>. Well, yes. But instead of “sprinkle fairy dust, magic happens”, we have a more comprehensive breakdown of the capabilities involved in this article. Cost optimization solutions are becoming increasingly popular as companies look to reduce expenses and improve their processes to […]

What’s Involved in Deploying Spend Optimization Platforms

Are you exploring a spend optimization solution for your IT services and wondering how they are deployed?  Want to make sure they are not an absolute headache for you and your business? Know the right questions to guide your selection criteria? You’re in the right place. In this Article, we will go over the key parts […]

Identifying the Telco savings your traditional audit can’t

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A traditional one-off audit of your Telco services may leave you feeling like the job is done, but they are often incomplete and erroneous. These manual audits of the past are allowing many companies to spend as much as 50% too much on their Telco services, hampering vital growth and data hygiene. The complex Telco […]

Enabling Management Consultants to Drive True Cost Transformation for Clients

Management consultants are dedicated to creating value for their clients, and the purest form of this is cost transformation. Making a meaningful impact on client costs requires simplification and innovation, empowering the client to pursue new opportunities and growth. Consultancies can help their clients with complexity management and budgeting to some extent, but a solution […]

Tackling the Root Cause of the World’s Billing Problem

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Identifying cost savings for customers who have been consistently overcharged only solves one part of the global billing problem. Technology service providers, such as telecoms companies, are also at risk when failing to accurately bill their clients. Losing customers and breaching regulatory compliance are the foremost hazards, particularly at this time of increased data scrutiny and […]

Uncovering Technology Service Savings Is Now as Easy as Using Google

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When you Google something, have you ever wondered how it can provide specific results for you to explore? The answer is semantic technology, specifically the famous Knowledge Graph in the case of Google. The main goal of semantic technologies is to help machines understand data, and they are now enabling an evolution from simple relational database […]

A Complete Guide to Procurement Analytics

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Resilient supply chains and processes are more critical than ever. But how can your procurement department put this into practice?  One of the best ways to improve processes is to invest in the power of data with procurement analytics. Many chief procurement officers (CPOs) do not have the technology to leverage data. A study found […]

7 Common Procurement Challenges and How to Manage Them

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Procurement has been at the heart of a company’s success since the Egyptians in 3000 BC. However, the complex nature of managing procurement means it is not without challenges.  Business procurement departments have a variety of different responsibilities. Managing procurement involves everything from contracts to supplier relationships. It means it is a dynamic role that has to […]

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Using our patented AI platform, we extract data from your contracts and invoices and automate analytics covering over 20 themes of cost saving opportunities.

Any other questions, just ask me!

Richard Martin
Co-founder

TMS

TMS is an AI company that creates cost savings from Telecom expenses.

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