📈 Your contracts hold valuable spend data - are you capturing it? Connect your contract terms directly to actual spend patterns and unlock powerful insights for optimization. Thinking Machine enables: 📊 Contract-to-spend matching 💡 Term tracking automation ⚡ Renewal monitoring 🎯 Usage analysis 📈 Spend pattern insights Make your contracts work harder. Get started: sales@thinkingmachine.co #ContractAnalytics #SpendManagement #Procurement
Thinking Machine
Embedded Software Products
West End, England 1,067 followers
The best SaaS Platform for Procurement to achieve 360 Visibility of their technology spend to Secure & Sustain Savings
About us
Thinking Machine is a SaaS platform for analyzing supplier contracts & invoices at scale. Our patented tech automates the most complex tasks of consolidating, auditing, and optimizing all areas of enterprise technology spend, while ensuring the highest standards of data security and privacy to our customers (our solution is SOC-2 compliant!) . Our platform leverages all available data, including unstructured data, to help our customers overcome 360 spend visibility challenges so they can realize their ambitions for smarter spending and sustained savings in their procurement processes while closely aligning to the organization's P&L and strategic aims. In the last few years, we’ve been able to provide immense value to our customers by: -> Replacing Google OCR at a procurement technology vendor, driving a 30% uplift in data quality over messy invoices while processing up to 100,000 monthly invoices -> Accurately identifying almost $50m in savings in the last year alone for our customers ->Introducing a real-time invoice validation system against a Professional Service contract worth $500m a year which was experiencing a 10% error rate ->Introducing a proposal-to-spend forecasting system enabling Procurement to evaluate complex bids from strategic suppliers and finally winning executive support to walk away from a long-standing $30m contract with a strategic supplier for a lower-cost option.
- Website
-
https://thinkingmachine.co
External link for Thinking Machine
- Industry
- Embedded Software Products
- Company size
- 11-50 employees
- Headquarters
- West End, England
- Type
- Privately Held
- Founded
- 2019
Products
Thinking Machine IT and Telecom Cost-Savings Platform
Spend Management Software
Thinking Machine makes cost savings a simple and continuous outcome for mid-to-large enterprises with Telecom, IT, and Cloud software. Our patented platform automatically extracts data from your detailed PDF invoices (even those enormous 100,000 page invoices!) and contract documents, and merges that data into our AI layer. Cost saving opportunities are automatically detected for you, giving you all the information and context you need to immediately action them. You will reduce your annual spend by 10-15% without having to renegotiate contracts. No-one has the time to continuously check that contracts still make sense against your invoices every month. Rather than suffering the sunk cost and reduced savings from manual audits every couple years - now you have your own AI assistant that automates the process every single month.
Locations
-
Primary
85 Great Portland Street
West End, England W1W 7LT, GB
Employees at Thinking Machine
-
Fabiana Marcondes
Founder at Thinking Machine (SaaS for Procurement) UK/European/Brazilian Qualified Lawyer (IT Contracts Specialist)
-
Richard Martin
Founder @ Thinking Machine (SaaS for Procurement to spend smarter, negotiate better deals, and sustain savings)
-
Eldho Shaji
Lead Software Engineer | Full-stack developer
-
Aswindev Anilkumar
Full-Stack Developer | Angular, React, Next.js, Node.js, Java | AR/VR | Unreal/Unity
Updates
-
🔄 Traditional OCR stops at data extraction. Thinking Machine takes it further by turning your invoice data into spend intelligence that drives real business value. Experience the difference: 📊 Spend pattern detection 💡 Usage analysis ⚡ Service validation 🎯 Cost allocation insights 📈 Trend identification Transform invoice processing from a task into a strategic advantage. Ready to upgrade your invoice processing? Email sales@thinkingmachine.co #InvoiceIntelligence #SpendAnalytics #ProcurementAutomation
-
🌟 Ever wondered how much efficiency you lose managing spend data across multiple systems? Thinking Machine creates a single source of truth for all your technology expenses. Our platform connects: 📄 Contract information 💳 Invoice data 📊 Usage patterns 💡 Spend analytics ⚡ Service tracking Real results: We helped a client consolidate data from 26 regional offices into one master dashboard, enabling immediate spend optimization opportunities. Create your unified spend view. Contact sales@thinkingmachine.co #SpendManagement #DataCentralization #ProcurementAnalytics
-
📈 Your analytics are only as good as your data. Thinking Machine's OCR solution doesn't just extract data - it prepares it for immediate analysis and ERP integration, handling multiple formats and languages with 99%+ accuracy. Transform your data with: 🔍 Intelligent data extraction 📊 Automated validation 💡 Format standardization ⚡ ERP-ready output 🎯 Bulk processing Stop letting messy data hold back your analysis. Email sales@thinkingmachine.co to clean up your data processes. #DataQuality #OCR #SpendAnalytics
-
💡 Managing technology spend shouldn't require a PhD. Thinking Machine specializes in making complex technology expenses clear and manageable through advanced spend analytics. Our platform helps you: 📊 Track technology consumption 🎯 Monitor service utilization 💡 Identify unused services ⚡ Analyze spending patterns 🔄 Compare internal pricing Real customer success: We helped customers save more than $50 million in the last year alone! Transform your technology spend management. Contact sales@thinkingmachine.co #TechnologySpend #SpendAnalytics #CostOptimization
-
⚡ Why wait months for custom analytics when you can start gaining insights today? Thinking Machine combines powerful out-of-box dashboards with flexible customization options, giving you the best of both worlds. Get immediate access to: 📊 Pre-built spend dashboards 🎯 Customizable views 💡 Flexible reporting ⚡ Real-time updates 🔄 Self-service analytics Start seeing value from day one while maintaining the flexibility to adapt as your needs evolve. Email sales@thinkingmachine.co to explore our analytics solutions. #Analytics #Dashboards #ProcurementIntelligence
-
🔄 Tired of OCR solutions that require constant manual corrections? Our 99%+ accurate extraction technology handles even the most complex invoices, making your data instantly ERP-ready. Thinking Machine offers: 📄 Multi-format invoice processing ⚡ Automated data validation 📊 Clean data output 🎯 ERP integration ready 💡 Bulk processing capability Stop wasting time on manual corrections. Transform your invoice processing: sales@thinkingmachine.co #OCR #InvoiceProcessing #Automation
-
🔍 Organizations already own the data they need to optimize spend - they just can't access it effectively. Thinking Machine transforms your existing procurement documents into a powerful source of insights, without requiring external data sources. Our platform unlocks: 📊 Internal price benchmarking 💡 Spend pattern analysis ⚡ Usage optimization 🎯 Contract utilization insights 📈 Historical trend analysis Turn your existing data into actionable intelligence. Contact sales@thinkingmachine.co to start optimizing today. #SpendAnalytics #DataInsights #ProcurementOptimization
-
⚡ Discovering savings opportunities is only half the battle - implementing them is where real value is created. Thinking Machine provides customizable workflow templates that help you turn insights into results. Our platform enables: 🎯 Opportunity tracking 📊 Implementation planning 💡 Progress monitoring 🔄 Team collaboration ⚡ Results measurement Stop letting opportunities slip through the cracks. Ready to maximize your savings? Email sales@thinkingmachine.co #WorkflowAutomation #ProcurementOptimization #SpendManagement
-
🌐 Managing invoices across different languages and formats? Our platform processes invoices in 13+ languages while maintaining 99%+ accuracy. In fact, we helped a single global client process half a MILLION invoices last year alone. Thinking Machine delivers: 📄 Multi-language processing 🔍 Format-agnostic extraction ⚡ Automated validation 📊 Unified dashboard view 💡 Clean data output Transform scattered invoices into strategic insights. Contact sales@thinkingmachine.co to streamline your invoice processing. #InvoiceProcessing #GlobalProcurement #DataAnalytics