Stop overpaying for procurement decisions.
ThinkBench builds software that helps procurement and commercial teams compare supplier offers correctly, uncover hidden costs, and make better buying decisions.
Four gaps that drain your margin every quarter
Sticker price blindness
Teams evaluate quotes on headline price alone, missing freight, duties, FX risk and payment term costs that routinely add 15–40% to the true landed cost.
No market benchmark
Without live price intelligence, negotiators don't know what “good” looks like. Suppliers exploit this information asymmetry every time.
Supplier risk is invisible
Financial health, geographic exposure, and concentration risk are rarely factored into sourcing decisions — until it's too late and supply disrupts.
Slow, manual processes
Procurement cycles take weeks in spreadsheets. By the time the analysis is done, market conditions have changed and the opportunity window has closed.
Three ways ThinkBench helps
TrueCost Procurement
Connect your existing ERP or spend data. TrueCost overlays live market pricing, supplier risk scores, and landed cost models to show what you’re really paying — and what you should be paying.
Strategic Consulting
Our procurement specialists embed with your team to execute sourcing strategies, renegotiate contracts, and build internal capability — backed by TrueCost data every step of the way.
Spend Intelligence
AI-powered spend classification and cleansing that turns messy ERP data into a single, accurate view of every rand you spend — by category, supplier, entity, and trend.
From raw quote to
award decision in hours
Most RFQ processes take days of manual work. TrueCost automates the heavy lifting so your team spends time on judgement, not spreadsheets.
Upload responses from your RFQ. TrueCost parses structured and unstructured formats — no template required.
Freight, duties, FX rates, payment terms, and quality adjustments are applied to every line item automatically.
Live price data across 50+ categories shows where you’re being overcharged and by how much.
TrueCost surfaces a ranked recommendation with a full audit trail. Award with confidence.
We built the tool we always wished existed.
Every feature in TrueCost was designed by practitioners who spent years doing procurement the hard way — and knew exactly what was missing.
Live market data, not surveys
Our benchmarks pull from real transactions, not quarterly industry surveys that are stale before they’re published.
Landed cost, not sticker price
We model the total cost of acquiring goods — including logistics, FX, duties, and terms — so comparisons are always apples-to-apples.
Fast deployment
Pre-built connectors for SAP, Oracle, Coupa, and Ariba mean you’re live in days — not the months other platforms require.
Human expertise on demand
Every client gets access to a dedicated procurement specialist who can go deeper when the data alone isn’t enough.
See what you’re really spending.
Book a 30-minute demo and we’ll walk through your specific categories with live benchmarks.