One set of numbers, the view each role needs
Contract owners, category managers, finance and executives all work from the same contracts, cost drivers and market data, so everyone is looking at the same numbers.
For contract owners
Keep every contract under control, without the spreadsheet
Thalomis takes the manual tracking out of contract management, so renewals and reviews happen on time and price requests are dealt with on evidence.
- Expired, expiring and review-due contracts flagged with their value
- Expired contracts converted to a new contract or to off-contract spend in a couple of clicks
- Supplier price requests, reviews and extensions handled step by step, with documents attached
- Each request checked against what the contract's cost drivers actually did in the market
- Falling indices flagged, so you can push suppliers for savings they aren't passing on
For category managers
Your categories, your suppliers, your numbers
See the spend and cost impact for the categories you manage, which suppliers and drivers are moving them, and where to focus your team.
- Impact by spend category, supplier and contract, ranked by size
- Where favourable market movements should be bringing supplier prices down
- Category management groups, so each team member works on their own categories
- News and index trends for the cost drivers in your categories
For finance
Budgets built on market movements, not guesses
Use the same contract and market data as procurement to build budgets and forecasts you can defend.
- 12-month scenarios from published index forecasts, or your own assumptions
- Impact shown against your own budget categories
- Contracts in multiple currencies, converted at current exchange rates
- Excel export for your own models and reporting
For executives
Risk and savings across the business, in one view
A clear picture of unmitigated cost risk and unrealised savings, what is driving them, and where acting first will make the biggest difference.
- Potential cost impact across the business in a single figure
- The cost drivers, suppliers and categories behind it
- AI-suggested actions on where to act first
- Print-ready reports for management and board packs
How it works
1
Connect
Each contract's cost is split across the market drivers behind it, such as fuel, labour, steel or CPI.
2
Measure
Published index movements and forecasts are applied to every contract, giving your exposure in dollars.
3
Act
See what needs attention first, challenge unjustified increases, claim savings and plan budgets on real numbers.
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 the view for your role
We'll walk you through Thalomis using data like your own.