"Imaging" turning messy spend data into savings

Fix trapped, messy spend data, hidden transaction issues, and hard‑to‑do savings analysis so cost insights reach buyers and deliver real savings in your P&L.

<strong>START FREE SCAN - </strong><em>FIND HIDDEN COSTS</em>

Trackers Jan 26
OPTIMIZE YOUR SPEND

The core of CostBits

  • Clean Data

  • Save Money

  • Manage Issues

  • Scope I-II-III

Trust Your Procurement Data

Leverage our advanced data model and AI engines to clean, normalize, and categorize your data, turning fragmented spend information into clear, actionable insights tailored for procurement professionals.

 

Comprehensive Data Cleaning

Data Cleaning

Our AI engines automatically receive, clean, and organize your data, removing manual work while ensuring it stays accurate and consistent.

Unified Data Structure

Data Structure

CostBits unifies data from all your systems into one clear, intuitive view, making analysis and decision‑making straightforward.

Advanced AI Insights

AI Insights

Go beyond basic analytics. Our AI cleans and standardizes your data in real time, so your team can quickly spot trends and uncover new savings opportunities.

Continuous Improvement

Improvement

Our adaptive data model continuously learns from your data, improving accuracy over time and delivering progressively deeper, more valuable insights.

 

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Procurement Cost Reductions

Drive meaningful savings effortlessly. Our platform provides instant clarity on your spend, offering straightforward actions that empower your team to make smarter, cost-effective procurement decisions.

 

Instant Spend Transparency

Spend Transparency

Get a single, unified view of all supplier costs so you can make data-driven decisions and unlock immediate savings.

actionable insights

Actionable Insights

Our platform identifies your largest cost-saving opportunities and gives your team simple, step-by-step guidance to turn them into real, measurable savings.

No Complex Setup

No Complex Setup

CostBits works instantly with no complex setup, letting you start finding savings immediately.

Equality

Co-Dev. Focus

We co-develop every feature with our customers so the platform continuously evolves to solve real procurement challenges and maximize cost and resource efficiency.

 

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See Compliance, Fraud & Savings Issues Live

New contracts and processes only create value when people follow them. CostBits automatically scans your live data to uncover where suppliers or colleagues are breaking your rules, so you can take action.

 

Instant Spend Transparency

Data Mining

We continuously analyze all your transactions so you can instantly spot and stop non-compliant behavior.

actionable insights

Issues

We mine millions of data points every day and instantly turn them into clear, actionable issues you can simply point, click, and solve.

No Complex Setup

No Setup

CostBits data mining works instantly with no setup, giving you a constantly updated list of live, fact-based issues to manage so compliance stays on track.

Equality

Evolution

We continuously expand our live Issues list by learning from real data across our global customer network, adding new issue types every week.

 

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Deliver Procurement Data For ESG Reporting

Empower your team with smart, Scope I-II-III categorization. CostBits simplifies the delivery of spend data into the ESG reporting helping you reduce time and effort for your team.

 

Real-Time CO2 Visibility-01

Scope I-II-III

Get instant visibility into how your procurement costs are distributed across all Scope categories, and seamlessly deliver this data to your sustainability team for ESG reporting.

Simplified ESG Reporting

ESG Reporting

Say goodbye to manual, time-consuming spend collection and cleaning for ESG reporting. CostBits automates your data collection and simplifies internal Scope I–III categorization.

Clear Cost Reduction Guidance-1

Data Delivery

You already have the spend data—but manually mapping it to Scope I–III is slow. With our native drag-and-drop categorization, you can recategorize all spend in days instead of weeks.

Empower Your Entire Team

Empower Team

CostBits turns recategorization into a fast, collaborative process—making it easy for both managers and junior staff to update and align spend data together.

 

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OPTIMIZE YOUR SPEND

The core of CostBits

  • Clean Data

  • Save Money

  • Manage Issues

  • Scope I-II-III

Trust Your Procurement Data
 
Leverage our advanced data model and AI engines to clean, normalize, and categorize your data, turning fragmented spend information into clear, actionable insights tailored for procurement professionals.
 
 
 
LEARN MORE BOOK MEETING
Procurement Cost Reductions
 
Drive meaningful savings effortlessly. Our platform provides instant clarity on your spend, offering straightforward actions that empower your team to make smarter, cost-effective procurement decisions.
 
 
LEARN MORE BOOK MEETING
See Compliance, Fraud & Savings Issues Live
 
New contracts and processes only create value when people follow them. CostBits automatically scans your live data to uncover where suppliers or colleagues are breaking your rules, so you can take action.
 
 

 

LEARN MORE BOOK MEETING
Deliver Procurement Data For ESG Reporting
 
Empower your team with smart, Scope I-II-III categorization. CostBits simplifies the delivery of spend data into the ESG reporting helping you reduce time and effort for your team.
 
 
LEARN MORE BOOK MEETING

Instant cost reduction powered by advanced AI

With decades of procurement and data science experience from leading global companies, we give your team a fast, easy-to-use cost reduction tool that lowers spend while improving Scope 1–3 compliance and supplier performance.

Case-studies:

See how leading organisations transform fragmented spend data into clear insights, stronger governance, and tangible savings.

Case-studies:

See how leading organisations transform fragmented spend data into clear insights, stronger governance, and tangible savings.

+33 TARGETED ISSUES

Some of the key issues we help you solve

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Invoices from blocked vendors

Why we do it: Prevent unauthorized vendor transactions

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Due date before invoice received

Why we do it: Fix data errors blocking payment processing

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Payments made before due date

Why we do it: Optimize cash flow by delaying payments

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Same amount / currency / vendor

Why we do it: Recover duplicate payments and prevent fraud

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Invoices after contract expires

Why we do it: Stop spending without valid agreements

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Invoices taking 120+ days to pay

Why we do it: Improve vendor relationships and efficiency

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Invoice dates in the future

Why we do it: Catch data entry errors early

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10+ invoices/month from supplier

Why we do it: Automate high-volume suppliers, save time

CASE-STUDIES & ARTICLES

CostBits Insights

 

INSIDER

Procurement impact

Should you even negotiate ?

Why do we negotiate when 95% of all the money is in the pre-negotiation phases

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INSIDER

Don't be blind - the issues are here to be fixed!

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CASE STUDY - DANIA PLAST

Dania Plast Dec without logo 2025 white

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Any Questions?

Explore some of our most asked questions, or reach out to us directly if you’d like help understanding how CostBits works for your business.

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