AI - powered procurement analytics built for your small company
Your challenges:
- Money is tied up in stock that isn't selling, while the products you actually need are out of stock
- Chaos and wasted time managing multiple suppliers
- The market is pushing for optimisation, but there are no suitable tools for small businesses
- We identify demand patterns by analysing your procurement data
- We show you exactly where you're losing money: write-offs, out-of-stock situations and unfavourable suppliers
- We easily integrate your accounting software with our system, so you don't need to spend your own time on it
- Stop losing profit to write-offs, unprofitable suppliers and out-of-stock situations
- Get a clear picture of all your suppliers on a single dashboard
- Procurement becomes a well-calibrated strategy rather than guesswork
How does it work? You upload your procurement data — whatever you already have. Then our smart AI systhem:
1 → Analyses procurement volume and spend dynamics — tracks how purchasing volumes and costs change over time, and identifies trends and spikes.
2 → Compares products and categories — identifies which product groups drive the largest spend, and where there is overspending or excess purchasing.
3 → Evaluates supplier performance — identifies the best and most problematic suppliers by price, delivery reliability and contract fulfilment timelines.
4 → Examines procurement regions and channels — shows where purchasing is most efficient, and where there are risks and inflated costs.
5 → Reviews contracts and terms — flags unfavourable conditions, missed deadlines or price overcharges by suppliers.
6 → Identifies bottlenecks and losses — pinpoints where the business is losing money due to inefficient purchasing, missed deadlines or unclaimed discounts.
7 → Provides specific recommendations — what to optimise, which terms to renegotiate, who to work with, and which risks to account for. Each step builds on the conclusions of the previous ones, forming a coherent analysis of the procurement process — from high-level trends down to specific actions.
1 → Analyses procurement volume and spend dynamics — tracks how purchasing volumes and costs change over time, and identifies trends and spikes.
2 → Compares products and categories — identifies which product groups drive the largest spend, and where there is overspending or excess purchasing.
3 → Evaluates supplier performance — identifies the best and most problematic suppliers by price, delivery reliability and contract fulfilment timelines.
4 → Examines procurement regions and channels — shows where purchasing is most efficient, and where there are risks and inflated costs.
5 → Reviews contracts and terms — flags unfavourable conditions, missed deadlines or price overcharges by suppliers.
6 → Identifies bottlenecks and losses — pinpoints where the business is losing money due to inefficient purchasing, missed deadlines or unclaimed discounts.
7 → Provides specific recommendations — what to optimise, which terms to renegotiate, who to work with, and which risks to account for. Each step builds on the conclusions of the previous ones, forming a coherent analysis of the procurement process — from high-level trends down to specific actions.
Why choosing us?
- We have successful cases in the field of business processes analytics and highly - expertised development team with hands-on experience
- Free discovery of your processes — your chance to test our expertise before deciding to work with us
- We safeguard the confidentiality of your data. We work strictly under NDA, use an access-restricted environment, and always work with data anonymously
Our priciples
Predictability
We define the SCOPE and acceptance criteria, and hold checkpoints with you at every stage of development
Multifaceted approach
Executive-ready outputs. You get not just charts, but also findings, interpretations, risks and recommended next steps
Fairness
50% payment after testing of the system adapted to your processes
Our contacts
Phone: +61 4 9112 2255
Email: magnetiqandm@gmail.com
Email: magnetiqandm@gmail.com
