Turn messy spend data into savings

Fix spend data stuck in finance, messy and uncategorized spend data, savings analysis most users can’t do, transaction‑level issues no one sees, and cost insights that never reach the people who buy—so savings actually show up in the P&L.

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Leveraging Extensive AI to instantly reduce your cost

Our team brings 25+ years in procurement leadership and 30+ years in data science from top multinational companies across the globe. We deliver a fast, intuitive, and time efficient cost reduction tool enabling your team to cut costs while boosting Scope I-II-III compliance and supplier performance.

Explore the product

"At Semler Gruppen, we see great value in being able to categorize our spend data from a climate perspective. In connection with having committed ourselves to concrete targets (for scope 1, 2 and 3) with SBTi, we need to screen and analyze all scope 3 data every year going forward. For this, it is essential to get our data categorized in accordance with the GHG protocol. Today we have over 3,000 suppliers, all of which need to be categorized, and for this it is a huge help to go from a manual and hands-on process to an automated process through support from CostBits."

"What struck me from the start was how intuitive the system is. I quickly gained a clear overview of our spending categories and could easily spot optimization potential. During one of my first reviews, I noticed our cleaning expenses were higher than expected. It didn't require heavy analysis – just clicking through categories and thinking: "That's quite a bit of money..." With that insight, I engaged our supplier and renegotiated our agreement, saving approximately DKK 100,000 annually."

Data Management Made Easy

Data Management Made Easy

We receive, merge, clean, and enrich your data, handling it all seamlessly so you can focus on cost reduction.

Instant Cost Transparency

Instant Cost Transparency

Open the app to see all your costs in one place, giving you immediate insight into your procurement spend.

Clear Cost Reduction Guidance

Clear Cost Reduction Guidance

We provide concrete, actionable guidance to identify where to cut costs, maximizing your savings and improving your bottom line.

ESG-Driven Insights

Support Scope I-II-III reporting

Support your ESG agenda by enabling instant submission of all cost in Scope I-II-III categories to your procurement department.

Microsoft

DANX

Semler

Dania Plast

Contractbook

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