Sourcing Champions and Thinking Machine unite strengths to unlock hidden value from Technology and Telecom contracts

07 Apr, 2022

Sourcing Champions is excited to announce its new partnership with Thinking Machine, the leading provider of Telecom Expense Management Software. This partnership brings a unique combination with extensive procurement knowledge with intelligent contract value optimization technology.

Sourcing Champions is a Next-Level procurement consulting firm, combing strategy consulting and digital technology to deliver maximum value. “With Telecom services essential to companies’ operations, enterprises are impacted by up to 30% of contract value leakage in their Telecom Spend,” – Robert J. Waalder (Founder Sourcing Champions). As the new implementation partner of Thinking Machine, Sourcing Champions enriches its Strategy & Cost Reduction program allowing you to realize the benefits of immediate cost-savings and achieve your organizations long-term sourcing objectives.

Thinking Machines Telco Machine solution is the fastest cost saving platform for large businesses with IT Telecom expenses. “With Thinking Machine, we have developed a smart data system dedicated to making complex contracts simple.”  – Richard Martin (Founder Thinking Machine Systems). Telco Machine works by auditing, optimizing, and monitoring your Telecom spend in real-time. Offered as a SaaS-based solution, it is the first of its kind to provide reliable spend analytics between large and interconnected service offerings, giving you automated cost saving identification. A user-friendly solution, invoices and agreements are easily uploaded onto the platform without the requiring software integration on your network. Powered by intelligent OCR technology, Telco Machine allows you to receive customizable and consolidated invoices from different suppliers across multiple languages.

Telco Machine may be used solely as a cost savings solution, or can be bundled up with:

  • Expense Management tools; and
  • Custom Invoicing tools.

Traditionally, businesses had to invest first in expense management platforms in order to generate cost savings. Telco Machine flips the script by offering significant cost savings upfront, which only leads to expense management where you have a real operational requirement.

Together, Sourcing Champions and Thinking Machine take contract value optimization to the next level.  By successfully tailoring the Telco solution to your business strategic objectives, we uncover and optimize the hidden value in Telecom spend giving you measurable ROI on an immediate and recurring basis.