💡 Unlock powerful insights and automation with Thinking Machine! Our AI-powered platform goes beyond just data extraction: ● Flexible Insights: Customized dashboards tailored to your organization's needs ● Automated Optimization: Deep specialist interrogations of contract and billing data ● Workflow Automation: Track key outcomes while automating notifications and data refreshes ● Enhanced Spend Visibility: Integrate rich data about spend, services, and contracts with existing systems Ready to transform your procurement processes? Let's explore how Thinking Machine can provide you with actionable insights and automate your workflows for maximum efficiency! #AIAutomation #ProcurementInsights #SpendVisibility #DataAnalytics #ThinkingMachine
Thinking Machine
Embedded Software Products
West End, England 1,051 followers
The best SaaS Platform for Procurement to achieve 360 Visibility of their technology spend to Secure & Sustain Savings
About us
Thinking Machine is a SaaS platform for analyzing supplier contracts & invoices at scale. Our patented tech automates the most complex tasks of consolidating, auditing, and optimizing all areas of enterprise technology spend, while ensuring the highest standards of data security and privacy to our customers (our solution is SOC-2 compliant!) . Our platform leverages all available data, including unstructured data, to help our customers overcome 360 spend visibility challenges so they can realize their ambitions for smarter spending and sustained savings in their procurement processes while closely aligning to the organization's P&L and strategic aims. In the last few years, we’ve been able to provide immense value to our customers by: -> Replacing Google OCR at a procurement technology vendor, driving a 30% uplift in data quality over messy invoices while processing up to 100,000 monthly invoices -> Accurately identifying almost $50m in savings in the last year alone for our customers ->Introducing a real-time invoice validation system against a Professional Service contract worth $500m a year which was experiencing a 10% error rate ->Introducing a proposal-to-spend forecasting system enabling Procurement to evaluate complex bids from strategic suppliers and finally winning executive support to walk away from a long-standing $30m contract with a strategic supplier for a lower-cost option.
- Website
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https://thinkingmachine.co
External link for Thinking Machine
- Industry
- Embedded Software Products
- Company size
- 11-50 employees
- Headquarters
- West End, England
- Type
- Privately Held
- Founded
- 2019
Products
![Click here to view Thinking Machine IT and Telecom Cost-Savings Platform]()
Thinking Machine IT and Telecom Cost-Savings Platform
Spend Management Software
Thinking Machine makes cost savings a simple and continuous outcome for mid-to-large enterprises with Telecom, IT, and Cloud software. Our patented platform automatically extracts data from your detailed PDF invoices (even those enormous 100,000 page invoices!) and contract documents, and merges that data into our AI layer. Cost saving opportunities are automatically detected for you, giving you all the information and context you need to immediately action them. You will reduce your annual spend by 10-15% without having to renegotiate contracts. No-one has the time to continuously check that contracts still make sense against your invoices every month. Rather than suffering the sunk cost and reduced savings from manual audits every couple years - now you have your own AI assistant that automates the process every single month.
Locations
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Primary
Get directions
85 Great Portland Street
West End, England W1W 7LT, GB
Employees at Thinking Machine
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Fabiana Marcondes
Founder at Thinking Machine (SaaS for Procurement) UK/European/Brazilian Qualified Lawyer (IT Contracts Specialist)
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Richard Martin
Founder @ Thinking Machine (SaaS for Procurement to spend smarter, negotiate better deals, and sustain savings)
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Eldho Shaji
Lead Software Engineer | Full-stack developer
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Aswindev Anilkumar
Full-Stack Developer | Angular, React, Next.js, Node.js, Java | AR/VR | Unreal/Unity
Updates
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🔮 What if you could predict future spending trends and challenges? With Thinking Machine’s AI-driven predictive analytics, you can! Our platform empowers you to: ● Forecast future spend based on historical data ● Identify upcoming contract renewal opportunities ● Proactively address potential issues Stay ahead of the curve and make proactive decisions that drive value for your organization. Ready to harness the power of predictive procurement? Book a demo today sales@thinkingmachine.co and let's explore how Thinking Machine can help you shape your procurement future! #PredictiveAnalytics #AI #ProcurementStrategy #FutureOfProcurement #DataDrivenDecisions #SpendForecasting
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Say goodbye to scattered invoices. With Thinking Machine, you can import invoices from any source—whether it's your inbox, SharePoint, ERP, or CRM. Simply drag-and-drop your files, and let our system handle the rest. Wherever your invoices are stored and in any format or language, our platform will ensure they're securely integrated into your procurement process. Revolutionize your invoice management today! Does this resonate with you? Reach out to us today at sales@thinkingmachine.co or book a free strategy call!
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🌍 Managing procurement on a global scale? Thinking Machine's data analytics platform helps you navigate the complexities of international spend management with ease. Our solution empowers you to: ● Consolidate spend data across multiple currencies and regions ● Identify global sourcing opportunities ● Optimize your international supplier network ● Benchmark analysis on your internal data for international supplier transparency Don't let geographical boundaries limit your procurement potential. With Thinking Machine, you can achieve a truly global view of your spend and make informed decisions that drive value across your entire organization. Ready to take your global procurement strategy to the next level? Book a free strategy session with us at sales@thinkingmachine.co and let's explore how our capabilities can help you conquer international procurement challenges! #GlobalProcurement #InternationalSpendManagement #AI #CrossBorderProcurement #GlobalSourcing #ProcurementStrategy
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🔦 Are dark spots in your spend data hiding opportunities or risks? Thinking Machine's platform provides end-to-end visibility across your entire procurement ecosystem. Our comprehensive solution offers: ● Consolidated view of direct and indirect spend ● Deep dive capabilities into any spend category ● Real-time tracking of budget vs. actual spend ● Supplier-specific spend analysis ● Custom reporting for stakeholder-specific insights Shine a light on every corner of your spend landscape and uncover insights that drive strategic decision-making. Ready to gain full visibility into your procurement spend? Book a free strategy session with us at sales@thinkingmachine.co and let's discuss how Thinking Machine can illuminate your path to procurement excellence. #SpendVisibility #AI #ProcurementAnalytics #SpendManagement #DataDrivenProcurement #StrategicInsights
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💡 Tip: Don't neglect your tail spend – it's a goldmine for savings! Tail spend, typically comprising 20% of your total spend across 80% of suppliers, is often overlooked. Here's how to optimize it: 1. Use AI to categorize and analyze all spend data 2. Identify patterns and consolidation opportunities 3. Automate purchasing for low-value, high-volume items 4. Implement guided buying for non-specialist purchasers 5. Regularly review and optimize supplier relationships Thinking Machine's data analytics platform excels at uncovering insights in your tail spend, helping you identify savings opportunities you might have missed. Ready to tackle your tail spend and boost your bottom line? Message us at sales@thinkingmachine.co and let's chat about how our technology can help! #TailSpend #SpendOptimization #AI #ProcurementStrategy #CostSavings #SupplierManagement
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🔗 Worried about disrupting your current processes? Fear not! Thinking Machine's platform is designed to integrate seamlessly with your existing procurement systems, enhancing their capabilities without causing disruption. Our solution works harmoniously with: ● Contract Lifecycle Management (CLM) systems ● Source-to-Pay (S2P) platforms ● Enterprise Resource Planning (ERP) software ● Supplier Relationship Management (SRM) tools Experience the power of AI-driven spend management without the headache of a complex implementation. Let Thinking Machine complement and elevate your current tech stack. Ready to see how we fit into your procurement ecosystem? Message us at sales@thinkingmachine.co and schedule a demo today! #SystemIntegration #ProcurementTechnology #AI #SeamlessIntegration #SpendManagement #TechStack
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💸 Are hidden costs draining your procurement budget? Value leakage is a common problem, but it doesn't have to be yours. Thinking Machine's AI platform is designed to identify and prevent value leakage in your technology spend. Our solution helps you: ● Detect overcharges and billing errors ● Identify unused or underutilized services ● Spot non-compliant spending ● Optimize contract terms to prevent future leakage ● Track and measure savings over time Don't let your hard-earned budget slip away. Plug the leaks in your procurement spend with Thinking Machine. Contact us today at sales@thinkingmachine.co to learn how our AI can help you maximize the value of every dollar spent! #ValueLeakage #CostPrevention #AI #SpendOptimization #ProcurementEfficiency #BudgetManagement
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📊 Tired of one-size-fits-all procurement reports? Thinking Machine offers fully customizable dashboards that put the metrics that matter most to you front and center so you leverage data that you already own in the most efficient way. Our dashboards allow you to: ● Choose from a wide range of KPIs and metrics ● Create custom visualizations for complex data ● Set up personalized alerts and notifications ● Track progress towards your specific goals ● Share insights across your organization effortlessly Whether you're focused on cost savings, supplier performance, or compliance, our customizable dashboards ensure you have the right information at your fingertips. Ready to tailor your procurement insights to your unique needs? Book a free consultation at sales@thinkingmachine.co and let's discuss how Thinking Machine can boast your procurement strategy! #CustomDashboards #ProcurementAnalytics #AI #DataVisualization #PersonalizedInsights #ProcurementKPIs
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💡 Tip: Harness the power of AI to enhance your supplier negotiations! Artificial Intelligence can be your secret weapon in securing better deals with suppliers. Here's how to leverage AI in your negotiation process: 1. Use AI to analyze historical spending patterns 2. Identify cost-saving opportunities across similar contracts 3. Predict future spend based on current trends 4. Benchmark supplier prices against market rates 5. Generate data-driven negotiation strategies Thinking Machine's AI-powered platform provides you with the insights and tools you need to negotiate from a position of strength. Ready to transform your supplier negotiations? Message us at sales@thinkingmachine.co and let's discuss how our technology can give you the upper hand! #NegotiationTips #AI #SupplierManagement #DataDrivenNegotiation #ProcurementStrategy #CostSavings
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