Reducing your cost - one transaction at a time.

CostBits was founded because we believe that procurement and finance in unisone can make a genuine difference. We know that we and fellow procurement professionals are doing our best to manage costs and create impact without personal burnout. But reality is that procurement and finance 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 give YOU the toolbox your really need to have maximum impact and still be able to go home to your family before dinner.

We are here to help businesses level the playing field against the titans of your industry with stronger and more affordable tools, allowing you to make better and almost instant decisions with real impact. We believe that, with the appropriate insights, every employee can become an everyday heroes.

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.

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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.

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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.

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Thomas S. Heller-Njor

Founder & CEO

Kristian de Lichtenberg

Co-founder & CTO

Anas Barre

Head of User Experience

"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."

Reducing your cost - one transaction at a time.

The core values of CostBits

Equality

Honesty

Competitive

Hard Working

25 years of experience

Reducing your supplier cost

Protecting our planet

Meet our senior team

We solve real issues for our clients.

CostBits Insights

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