In 1996, we bet that somebody would pay us to read their invoices.
It was not an obvious business. Companies had sales departments and finance departments. Almost none had anyone whose job was knowing what a case of shop towels should cost.
So that became the job. Twenty-five thousand sourcing projects later, we had something we didn’t set out to build: a database of what things actually cost.
Not list prices. Not scraped web data. Real quotes from real suppliers in real negotiations.
For 30 years, you had to hire us to get this.
Our core program works. Clients stay a decade. One has been with us since 2007.
But it’s built for a certain size of company. If you run four rooftops, a full program is more than you need.
Same data. Same benchmarks. Same certified suppliers. You just run it yourself.
What we believe
Information is free. Application isn't.
You could call ten suppliers and build your own benchmark. Nobody does, because it’s a full-time job.
RFQs determine truth in the marketplace.
The only way to know what something should cost is to make suppliers compete against a number.
We don't take money from vendors.
We’re on your side of the table. That’s the business model, not a slogan.
A report is not a system.
Consulting ends when the deck gets delivered. This doesn’t, because you keep the tools.
We're not an AI company.
Technology reads the invoices and matches the line items. It’s fast.
But the reason ExpenseEdge knows what nitrile gloves should cost in your market isn’t the technology. It’s 25,000 sourcing projects and 25,500 price benchmarks no general-purpose tool has access to.
Anyone can buy software. Nobody else has the data.
Thirty-five people, one job.
Based in Minneapolis. Sourcing specialists, category experts, analysts.
When you call support, you get a purchasing professional who knows the platform and the subject matter. Not a script.