Skip to main content
New Download the free Source-to-Pay Buyer's Checklist - get the guide.
Cost Optimization

Find the savings hiding in your spend data.

Benchmark-backed targets, structured negotiation playbooks and savings-capture tracking - so identified opportunities turn into realized, auditable results.

Cost optimization overview
Outcomes

Turn insight into realized savings.

4-17% category savings

Benchmark-backed targets across categories, grounded in real market data.

Prioritized opportunities

Opportunities ranked by size, feasibility and time-to-capture.

Tracked to realization

Savings linked to specific sourcing events, with realized value tracked against baseline.

Defensible reporting

Auditable savings figures your CFO can stand behind.

How it works

From identification to realized savings.

1. Identify

Spend analytics surfaces maverick spend, price variance and consolidation opportunities.

2. Prioritise & act

Opportunities are ranked and routed to sourcing events or contract renegotiations.

3. Track & validate

Realized savings are tracked against baseline for a defensible, auditable number.

FAQ

Cost optimization questions we hear often.

How is this different from Spend Analytics?
Spend Analytics gives you visibility into what you're spending and where. Cost Optimization builds on that visibility with benchmark comparisons, negotiation targets and structured savings-capture workflows.
Where do the cost benchmarks come from?
Category benchmarks combine your own historical pricing trends with market indices, so targets reflect both your negotiating history and current market conditions.
How are savings validated?
Identified opportunities are linked to specific sourcing events or contract renegotiations, and realized savings are tracked against the original baseline for auditability.

Find your next savings opportunity.

Book a demo, or estimate your potential savings right now.

Book a Demo Try the ROI Calculator