Spend Matters Almanac: Cost Management

Cost management is a big topic and big competency for procurement firms, but comprises a small and fragmented market of software and services firms. Providers focus on cost modeling, cost estimation, price/cost forecasting (and benchmarking), and linkages into specific application suites where cost management is important (i.e., PLM, SCM, and sourcing related applications in the Source-to-Pay spectrum). Cost modeling and price/cost discovery through electronic RFx support is (obviously) supported to some extent natively within sourcing and related applications markets. Specialized analytics that identify part commonality and cost non-commonality (i.e., cost outliers) based on attribute- and design-level material information for the purposes of demand aggregation and re-sourcing are also included.

4C Associates
66 Hammersmith Road | London, International | W14 8UD United Kingdom
petra.urhofer@4cassociates.com
07857150594
Provides solutions and/or services in the following categories:
About
Recent Coverage
4C Associates is a dynamic, fast-growing and diverse procurement consultancy. Our international presence, combined with our fresh approach and deep expertise in providing tailored solutions enables our clients to meet their strategic goals, ranging from rapid profit improvement to long term business transformation. We have over 15 years’ of experience working across multiple industries and geographies with clients ranging from

Advanced Purchasing Dynamics
484 Deer Street | Plymouth, Michigan | 48170 United States
Provides solutions and/or services in the following categories:

Anklesaria Group
201 Lomas Santa Fe, #460 | Solana Beach, CA | 92075 United States
Provides solutions and/or services in the following categories:

aPriori
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300 Baker Ave | Concord, MA | 01742 United States
ProductCost@apriori.com
1-978-371-2006
Provides solutions and/or services in the following categories:

Aripart Consulting LLC
12217 E Mountain View Rd | Scottsdale, AZ | 85259 United States
info@aripart.com
480-427-2221
Provides solutions and/or services in the following categories:
About
Recent Coverage
Aripart Consulting is founded by Bill Michels to use his knowledge and experience working with the world's greatest companies to deliver value and competitive advantage to his clients. We help companies build sound procurement and supply chain strategies that lead to cost and value improvement, innovation, optimization, risk mitigation and transformation through high performing procurement and supply chain management. We

Beroe
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338, Raleigh Street | Holly Springs, North Carolina | 27540 United States
hemant.nadkarni@beroe-inc.com
+1 609 903 4172
Provides solutions and/or services in the following categories:
About
Recent Coverage
Beroe is the premier global provider of customized procurement services specializing in sourcing, supply chain visibility, financial risk analysis, and environmental impact. Some of our customers are the largest in the world, including over 170 of the Fortune 500. Beroe delivers strategic procurement intelligence that helps you answer critical questions and achieve business objectives. As an integrated extension of your

Bureau van Dijk
40 Wall Street, 27th Floor | New York, NY | 10005 United States
americas@bvdinfo.com
212.797.3550
Provides solutions and/or services in the following categories:

Correlate
235 Pine Street, Suite 1100 | San Francisco,, CA | 94104 United States
info@correlateinc.com
1-415-636-6420
Provides solutions and/or services in the following categories:
About
Recent Coverage
Correlate’s Virtual Energy Manager service helps you do more with your resources. We are here to help you increase cash flow to your business by reducing your energy spend (and volatility risk). We can typically provide 10 to 1 net benefit in the first three years or less, while helping you focus on your core business. Correlate’s performance-based payment &

ePlus Systems inc.
13595 Dulles Technology Drive | Herndon, VA | 13595 Dulles Technology Drive United States
systemsinfo@eplus.com
703-984-8207
Provides solutions and/or services in the following categories:

Eved
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350 W Ontario | Chicago, IL | 60654 United States
sales@eved.com
+1 312.902.3833
Provides solutions and/or services in the following categories:
About
Our View
Recent Coverage
Eved is an event commerce company that offers the only spend management solution for meetings and events. Our web-based platform automates how large corporations request, order and pay for event services, delivering increased transparency, significant efficiencies in the billing and reconciliation process, and improving compliance and control. No other event technology or spend management solution exists in the market that

Expensify
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88 Kearny St. | San Francisco, California | 94108 USA
info@expensify.com
Provides solutions and/or services in the following categories:

Flexera
300 Park Blvd, Suite 500 | Itasca, Illinois | 60143 United States
sales@flexera.com
1-800-374-4353
About
Recent Coverage
Providing Valuable Insights from On-Premises to the Cloud: Flexera gives companies clarity into their technology “black hole,” helping business leaders turn insight into successful action. With a portfolio of integrated solutions that deliver unparalleled technology insights, spend optimization and agility, Flexera helps enterprises optimize their technology footprint and realize IT’s full potential to accelerate their business. Technology Insights - Gain

Flow&Ebb
Suite 18, 9 Tanner Street | London, London | SE1 3LE United Kingdom
info@flowandebb.com
+44 (0)20 3137 8838
Provides solutions and/or services in the following categories:
About
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Whether you are starting from scratch or want to fine tune your existing capabilities, we are THE experts in the US and Europe at implementing and running Commodity Price Risk Management (CPRM) in large corporates. CPRM, or hedging, is the process of protecting your margins from the impact of commodity price fluctuations. It can help to minimize any adverse changes

Future Purchasing
3000 Cathedral Hill | Guildford, Surrey | GU2 7YB United Kingdom
enquiries@futurepurchasing.com
+44 (0)1483 243520
Provides solutions and/or services in the following categories:

Genesis Automation USA
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360 Central Avenue | St. Petersburg, FL | 33701 United States
contact@genesisautomation.healthcare
+1 310 870 1167
Provides solutions and/or services in the following categories:
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Genesis helps healthcare providers manage cost to deliver care. Using the latest mobile technologies and implementing best practices in traceability, cost capture and inventory management, Genesis enables healthcare providers to reduce cost and implement efficiencies throughout the entire value chain, while obtaining full visibility into the cost to deliver care, with ease and minimal effort.

GEP
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100 Walnut Ave. | Clark, NJ | 07066 United States
info@gep.com
732-382-6565
Provides solutions and/or services in the following categories:
About
Our View
Recent Coverage
GEP helps global enterprises operate more efficiently and effectively, gain competitive advantage, boost profitability, and maximize business and shareholder value. Fresh thinking, innovative products, unrivaled domain and subject expertise, and smart, passionate people – this is how GEP creates and delivers unified business solutions of unprecedented scale, power and effectiveness. With 12 offices and operations centers in Europe, Asia and

IHS
15 Inverness Way Easy | Englewood, CO | 80112 United States
800-447-2273

impacore GmbH
Radlkoferstrasse 2 | Munich, Bavaria | 81373 Germany
info@impacore.com
+49 89 41612900
Provides solutions and/or services in the following categories:

MDSL
5343 N. 16th Street, Suite 300 | Phoenix, ARIZONA | 85016 United States
info@mdsl.com
1.800.456.6061
Provides solutions and/or services in the following categories:
About
Recent Coverage
MDSL is a world leader in Technology Expense Management Solutions and Market Data Management and partner with enterprises to provide clarity, control, compliance, and cost savings across their global technology estates. Our unified expense management platform encompasses categories such as telecoms, cloud services, the Internet of Things and Financial Market Data. By providing best practice procedures, unparalleled visibility of spend

MTI systems (costimator)
59 Interstate Drive | West Springfield, MA | 01089 United States
(413) 733-1972
Provides solutions and/or services in the following categories:

NPI
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271 17th Street NW, Suite 550 | Atlanta, GA | 271 17th Street NW, Suite 550 United States
kaddington@npifinancial.com
404-591-7500
Provides solutions and/or services in the following categories:
About
Recent Coverage
What We Do at NPI NPI is an IT sourcing consulting company that helps enterprises identify and eliminate overspending on IT and Telecom purchases, accelerate purchasing cycles and align internal buying teams. We deliver transaction-level price benchmark analysis, license and service optimization advice, and vendor specific negotiation intel that enables IT and Telecom buying teams to drive measurable savings. NPI

Paladin Associates
145 Whitney Valley Walk | Johns Creek, GA | 30097 United States
DJHoeppner@PaladinAssociatesInc.com
770-853-9940
Provides solutions and/or services in the following categories:
About
Recent Coverage
Founded in 2001, Paladin Associates is a Strategic Sourcing and Procurement Services company staffed by veteran professionals from GE, P&G and similar industry leaders. All Associates have over 25 years of business experience, bringing an impressive array of broad and deep Sourcing, Procurement, Financial and Operations experience and expertise in many functions and industries. Paladin adds value by providing intellectual

Paradata
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200 N. Almaden, Suite 250 | San Jose, California | 95110 United States
jeff@paradata.io
4087912070
Provides solutions and/or services in the following categories:

PRO(a)ACT
Torsgatan 21 | Stockholm, Stockholm | 11321 Sweden
info@proaact.se
+46767740756
Provides solutions and/or services in the following categories:
About
Recent Coverage
Analytics of tomorrow starts today! We transform your spend data into actionable insights using advanced analytics together with credit- and market information. We clean, refine and categorize your costs automatically and give you time to analyze instead of administrating. With one click, you can explore your data in insightful dashboards and reports that makes it easy to find answers. PRO(a)ACT

Proactis
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Riverview Court, Castle Gate | Wetherby, West Yorkshire | LS22 6LE United Kingdom
info@proactis.com
UK: +44 (0)1937 545070 | US: +1 757 766 8211
About
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Proactis helps organisations around the world to operate faster, leaner, smarter by rethinking the way they do commerce to thrive in the digital economy. We enable both buyers and sellers to eliminate wasted time, money and talent by transforming the way they buy and sell goods and services. • ReThink Spend: Integrated suite of spend management solutions that streamline every

ProcureForce
484 Deer Street | Plymouth, Michigan | 48170 United States
mwynn@apurchasingd.com
7349270836
Provides solutions and/or services in the following categories:

Provalido
2 Suters Lane, Wanborough | Swindon, Wiltshire | SN4 0BF United Kingdom
info@provalido.com
+1 312 957 5723 / +44 20 3287 7607
Provides solutions and/or services in the following categories:
About
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Provalido is the provider of a SaaS solution that helps organisations plan, manage and report their cost reduction activity from idea through to implementation. Our Savings Tracker is easy to use yet flexible enough to fit your specific procurement processes and savings reporting requirements. It is derived from decades of procurement experience. We have over 4,000 users of our Tracker

Revenew
9 Greenway Plaza, Suite 1950 | Houston, TX | 77046 United States
ppettit@revenew.net
281-276-4500
Provides solutions and/or services in the following categories:
About
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Revenew offers Cost Recovery audits and Cost Containment services that deliver monetary recoveries and cost reduction benefits. Our programs help to ensure compliance with commercial terms, recover lost monies and provide best practice recommendations for contractual and operational improvements. We produce hard-dollar results for our clients – specific, tangible and often quite substantial. Revenew specializes in companies with complex Accounts

Sievo
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20 W Kinzie St, 17FL | Chicago, Illinois | 60654 United States
contact@sievo.com
+1 (312) 489 8271
Provides solutions and/or services in the following categories:
SolutionMap Solution Rankings:
About
Recent Coverage
Sievo is the global leader in procurement analytics. Our secure cloud-based software provides highly accurate spend visibility on data from any source system or ERP. We enable procurement professionals to create business value through a suite of modular and highly customizable solutions: Spend Analysis, Savings Lifecycle, Contract Management. Spend Forecasting and Procurement Benchmarking. 1. Agility We're an agile partner for

Sourcemap
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85 Broad St 28th Fl. | New York, NY | 10004 United States
info@sourcemap.com
617.453.8627
About
Recent Coverage
Based on MIT research, Sourcemap offers the most advanced supply chain data modeling and visualization software solutions powered by a real-time data mining API and a vast supplier social network. Leading brands and manufacturers use Sourcemap's private cloud-based solution to manage their own supply chain mapping: uploading enterprise data, inviting suppliers and sub-suppliers, performing advanced analytics, and exporting visually stunning

Spendency
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Landsvägen 50A | Sundbyberg, Stockholm | 17263 Sweden
nils.lundgren@spendency.com
+46707744551
Provides solutions and/or services in the following categories:
SolutionMap Solution Rankings:
About
Recent Coverage
Spendency is an easy-to-use and effective spend analysis tool that gives you an excellent overview of, and also deep insight into, your company’s cost base. This helps you make good analyses and create a better understanding for both you and others, in your efforts to create better business for your company. Spendency is a modern spend analysis tool and differs

SpendLogic Group
47 Boston Hill Rd | Fairhaven, Massachusetts | 02719 United States
info@spendlogicgroup.com
5087421747
Provides solutions and/or services in the following categories:
About
Recent Coverage
We help companies manage and optimize spending. SpendLogic Group LLC is a hand-selected group of expert practitioners with decades of real-world experience, focused on Indirect spending. We offer sourcing services to companies to help them make the most logical and cost-effective decisions regarding strategic sourcing.

Supply Dynamics
6279 Tri-Ridge Blvd., Suite 310 | Loveland, Ohio | 45140 United States
info@supplydynamics.com
(513) 965-2000
Provides solutions and/or services in the following categories:

Zylo
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55 Monument Circle, Suite 600 | Indianapolis, Indiana | 46204 United States
info@zylo.com
317-350-4466
Provides solutions and/or services in the following categories:
About
Recent Coverage
The largest independent enterprise SaaS management platform, Zylo transforms how businesses manage their SaaS application portfolios. By creating transparency around SaaS spend, license utilization, and user feedback, Zylo provides a centralized system of record that empowers business leaders to discover, manage, measure, and govern their SaaS investment. Zylo was named a Rising Star in Forbes’ Cloud 100 list, the definitive