Saving the planet one transaction at a time.
CostBits was founded because we believe that procurement can make a genuine difference. We know that we and fellow procurement professionals are doing our best to manage costs and protect the environment, but we are all often hampered by a lack of clear insights, a shortage of time, and an almost complete lack of supporting tools. Our purpose is to alter that.
We are here to help businesses level the playing field against the titans of your industry with stronger and more affordable tools, allowing them to make better, faster decisions with real impact. We think that, with the appropriate insights, every procurement employee can become an everyday heroes by improving cost control and actively contributing to a more sustainable future. We are not merely managing costs; we are building a better world.
The core values of CostBits
Equality
We believe every person is equally valuable. Different roles, same worth. At CostBits, we treat everyone with equal respect and dignity.
Honesty
We’re always upfront. We offer humble, straightforward advice to clients and value honest, open dialogue internally for continuous improvement.
Competitive
We’re here to be the best. Our mission is to empower thousands of procurement professionals, and we strive for nothing less than excellence.
Hard Working
We focus on outcomes, not hours. We work as a team, united toward a common goal, prioritizing collective success over individual credit.
25 years of experience
Our core team all have +25 years of solid procurement experience, having led hundreds of sourcing projects, advised over 100 clients, and built procurement functions worldwide. Our hands-on experience ensures CostBits delivers actionable insights tailored to help you and your team achieve actual cost and sustainability results.
Reducing your supplier cost
We help clients reduce procurement costs by offering complete visibility into supplier costs and giving live focused guidance. With our insights, procurement teams can efficiently allocate their often scarce resources better, concentrating on suppliers and actions that drive the most significant cost-saving impact.
Protecting our planet
We’re on a mission to help save the planet by empowering procurement teams to make better cost- and sustainable supplier decisions. By guiding our clients toward cheaper and more sustainable options, we can collectively push the needle toward a healthier, greener world—one transaction at a time.