8.6% of your supplier spend is being wasted. And nobody is measuring it.

Three questions almost nobody can answer - and they explain where the money is going

Try this test in your company:
=> How many active supplier contracts do we have right now?
=> Which ones renew in the next 90 days?
=> Are our prices above market rate?
If nobody in your organization can answer these three questions in 30 seconds, your company has a contract visibility problem.

According to research by World Commerce & Contracting and Deloitte (2023), that problem costs an average of 8.6% of total supplier contract value - every year.

Not from bad deals. Not from poor negotiation.
From auto-renewals nobody reviewed. Clauses nobody monitored. Prices nobody benchmarked against the market.

For the CFO, it's millions quietly leaking from the bottom line.
For the CEO, it's an operational risk invisible in the reports.
For procurement, it's a ticking clock of renewals nobody is tracking.

bizSupply answers these three questions in days. (https://bizsupply.ai)

bizSupply (bizsupply.ai) is a contract intelligence platform for mid-market and large enterprises.

It connects to the systems your company already uses and finds contracts automatically. No migrations. No complex setup.

=> Discovers - Automatically identifies all supplier contracts scattered across the organization.
=> Extracts - AI extracts commercial terms: pricing, renewal dates, penalty clauses, payment conditions.
=> Alerts - Notifications at 90, 60, and 30 days before each renewal. Zero surprises.
=> Benchmarks - Cost comparison against market data. Shows where you're paying above market - and by how much.

Results in days. Not months.

Free trial at bizsupply.ai - signup in under 2 minutes.

Rua do Proletariado No7 (lote 1)
2794-076 Carnaxide
Portugal

Media Contact
Bruno Valente e Costa VP and Partner
press@bizsupply.ai
https://bizsupply.ai

Infosistema is a Portuguese technology company with over 30 years of experience and operations across 4 continents.

This release was published on openPR.