The Thalomis platform
Everything between a market movement and a cost decision: model your contracts, measure your exposure, act on what matters, plan for next year and keep track of the market.
One picture, for everyone who manages cost
Everyone works from the same contracts, cost drivers and market data, each with the view they need.
- Contract owners
Less manual contract admin
Renewals, expiries and overdue reviews are flagged before they lapse, and supplier price requests are handled step by step, with the evidence attached.
- Category managers
Your categories, your suppliers, your numbers
See the spend and cost impact for the categories and suppliers you manage, and which drivers are moving them.
- Finance
Budgets built on market movements, not guesses
Base budgets on published index movements and 12-month forecasts, and see the impact by your own budget categories.
- Executives
Risk and savings, in one figure
A clear view of unmitigated cost risk and unrealised savings across the business, with suggested actions on where to act first.
How it works
1. Connect
Model your costs
Bring in your contracts and spend, and split each one across the market drivers behind its cost.
- On-contract and off-contract spend, suppliers and categories in one place
- Price models allocate each contract's cost across cost drivers such as fuel, labour, steel or CPI
- Contracts in their own currencies, converted using current exchange rates
- Expired, expiring and review-due contracts flagged with their value
- Bulk import and export through Excel
2. Measure
Measure your exposure
Published index movements are applied to every price model, giving the potential impact on your spend in dollars.
- Potential impact and potential savings across the business
- Five views of the same numbers: cost driver, spend category, contract, supplier and budget
- Waterfall, radial, bar and bubble charts, with the underlying data alongside
- Impact history as each new calculation runs
- Print-ready reports for management and board packs
3. Act
Act on what matters
A short list of what needs attention, and the evidence to deal with it.
- Needs Attention: expired and expiring contracts, overdue reviews and unallocated spend
- AI-suggested actions pointing to the contracts and suppliers to act on first
- Supplier price reviews, extensions and ad-hoc requests, checked against index movements
- Savings suppliers aren't passing on when indices fall, with an adjustment request you can raise with them
- An approval step for every price adjustment, with supporting documents attached
Price adjustments, from request to approval
Challenge supplier increases with evidence, and go the other way too: when the indices behind a contract fall, Thalomis shows the saving the supplier should be passing on, so you can raise an adjustment request with them.
Step 1
The supplier asks for +30%
The request and its supporting documents are logged against the contract.
Step 2
The indices justify +22.29%
Each cost driver's share of the contract is checked against its published index movement.
Step 3
You propose +20%
The proposal goes for approval, with the cost avoided calculated for you: AU$123.8m in this example.
4. Plan
Plan for what's next
Model next year's prices before they arrive, so budgets are built on market movements rather than guesses.
- Scenario models built from 12-month index forecasts or your own assumptions
- Adjust any cost driver and recalculate the impact on your contracts
- The same five views as impact analysis, including your budget categories
- Separate models keep scenarios apart from your current numbers
5. Stay informed
Stay informed
The market data behind your numbers, kept up to date and in one place.
- News filtered to your cost drivers and regions, with why each story matters to you
- Index and forecast trends from government statistics, commodity markets and specialist publishers
- Exchange rate trends for the currencies in your contracts
Up and running from a spreadsheet
1
Import your contracts
Load contracts, suppliers and spend from Excel. No ERP integration project is needed to start.
2
Allocate cost drivers
Split each contract's cost across its drivers. Start with the contracts that make up most of your spend.
3
See your exposure
Thalomis applies the latest published index data to every contract and shows where to act first.
Your contract data stays yours
Each client's data is kept in its own database schema on AWS, encrypted in transit and at rest, with role-based access for every user.
See what market movements mean for your business
We'll walk you through Thalomis using data like your own.