TrueCost Procurement

The cheapest quote is rarely the cheapest option.

TrueCost reveals the true landed cost of every supplier offer — so you can negotiate harder, spend smarter, and reduce risk with confidence.

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The Problem

Invoice price misses most of the cost

The average organisation overpays by 12–22% on indirect spend because procurement decisions are made on sticker price rather than true landed cost.

Freight, duties, FX fluctuations, payment term costs, quality adjustment risk, and supplier reliability premiums never appear on a quote — but they add up fast.

22%
Average overpayment vs. true market
60%
Of hidden costs go undetected
What gets missed
Freight & last-mile delivery Up to 18% of landed cost
Import duties & tariffs 3–25% depending on category
FX rate exposure Fluctuates ±8% over a quarter
Payment term cost of capital 1.5–3% annualised
Quality rejection & rework 0.5–4% of purchase value
Supplier concentration risk Implicit but hard to price
Core Features

Everything you need for intelligent procurement

📈

Market Benchmarking

Compare your prices against live transaction data across 50+ spend categories. See instantly where you’re overpaying.

🔍

Landed Cost Modelling

Model the true total cost of acquisition including freight, duties, FX, payment terms, and quality risk — not just unit price.

Supplier Risk Scoring

Assess financial stability, geographic risk, ESG compliance, and concentration risk for every supplier in your portfolio.

💡

Savings Identification

AI analysis surfaces prioritised savings opportunities ranked by potential value and implementation complexity.

👥

Negotiation Intelligence

Enter every negotiation armed with benchmarks and should-cost models that are grounded in real market data.

📊

Executive Dashboards

Role-based views for CPO, CFO, and category managers. Real-time savings tracking and supplier performance KPIs.

How It Works

Up and running in 48 hours

Pre-built connectors and automated pipelines mean you spend less time on setup and more time acting on insights.

01
Connect your data

Use native connectors for SAP, Oracle, Coupa, or Ariba. Or upload via secure CSV. Your data stays in your region.

02
Enrich and classify

TrueCost cleanses your spend data and enriches it with live market pricing, supplier data, and risk scores.

03
Review your dashboard

Your personalised dashboard surfaces the highest-value opportunities and flags risk areas that need immediate attention.

04
Act and track results

Implement savings initiatives and track realised value over time. Our success team helps you hit your targets.

Category view — Packaging 12 active suppliers
Market position
Top quartile
Overpay vs mkt
−R 180k
Risk score
Medium
PNP Packaging +4.2% vs mkt
Mondi Ltd +12.1% vs mkt
Nampak Products +1.8% vs mkt

See TrueCost in action

Book a personalised demo and we’ll walk through your spend categories and show you exactly what TrueCost surfaces.