Retrieve your hidden procurement spend
Reeve helps you analyze your unstructured data across the Contract-to-Pay process to uncover hidden value leakages so you can optimize your company’s bottom line and focus on value-adding tasks
Reeve analyzes your unstructured Contract-to-Pay data and identifies hidden value leakages
Reeve analyzes unstructured Contract-to-Pay data…
Contracts
Purchase orders
Invoices
Payment data
Delivery details
Other relevant input
… and creates a structured overview of your value leakages
Automatic distillation of contractual clauses, volumes ordered & delivered, actual payments, etc.
Identification of all value leakages types ordered by supplier & SKU
Centralization of all supporting documents (e.g., contracts, invoices) per value leakage to facilitate reclaim process
Reeve identifies a broad range of value leakages automatically
Document discrepancies
Discrepancies between key documents across the Contract-to-Pay process (e.g., discrepancy in PO price vs. what was agreed in underlying contract, quantity delivered different than quantity in PO/Invoice)
Unclaimed rebates
Rebates (e.g., volume discounts) not claimed as limited/no visibility on agreed volume discount structure in underlying contract, and complex calculation across multiple POs might be required
Unclaimed payment discounts
No/limited visibility on potential contractual discounts (e.g., early payment discounts) when payment
is executed
Unclaimed delivery discounts
No/limited visibility on potential contractual discounts (e.g., delivery delay discount)
Wrongful payments
Wrongful payments (e.g., invoice paid even though Purchase Order was cancelled and no delivery took place)
Our vision is to detect all value leakages
At reeve we believe all value leakages in the Contract-to-Pay process should be detected, and we'll increasingly add new value leakage types over time
Reeve delivers significant benefits for your business
Detected value leakages
Bottom line
Direct bottom line impact
Reclaim historical value leakage & avoid forward-looking value leakage
Positive balance sheet & cash-flow impact, all without negative headcount effects
Efficiency
More efficient processes
Automatic analysis of all documents across the Contract-to-Pay lifecycle, reducing need of manual document collection & verification
Simplified & streamlined workflows due to improved document accuracy, consistency and transparency
Monthly time savings
62 hours
18.2
Jun
Jul
Aug
Sep
Oct
Nov
Supplier overview
AluTech Extrusions
€867k total spend over 2024
Global Coatings International
€579k total spend over 2024
Thermal Solutions GmbH
€346k total spend over 2024
GlassTech Europe
€213k total spend over 2024
Insights
Enhanced procurement insights
Quick & automatic detection of discrepancies, so teams can focus on strategic tasks & value-add
Transparent & clear insights (e.g., spend/pricing/volume trends) supporting more profound supplier analysis
