Project 3 — Reducing Costs through an Integrated Financial Audit
A network of 12 SMEs in the logistics sector wanted to reduce procurement costs for raw materials and transport services. Each company negotiated individually, leading to high prices and a lack of collective purchasing volume.
We implemented a collective transaction audit system, analyzing purchasing history and identifying supplier overlaps. We created a shared budget and established cost-splitting rules based on each member's volume.
We developed a collaboration platform with cost-splitting charts and a financial dashboard. We organized 4 strategic negotiation sessions, guided by SplitBuying experts, to unify requirements and obtain customized offers from suppliers.
Total procurement costs decreased by 23% in the first 6 months. Network members saved over €180,000, and negotiation time was reduced by 40%. The platform was adopted by 9 out of 12 companies as a standard financial management tool.
The brand's development stages, key decisions, and notable results
In 2018, we launched the platform with the goal of optimizing group purchases and providing audit solutions for cost reductions through volume. The strategic decision to integrate the financial management of collective capital transactions laid the foundation for success.
Result: 50 partner companies in the first year
In 2020, we introduced strategic negotiation courses, based on cost division diagrams and precision analyses. This stage solidified our position as leaders in collaborative financial education.
Result: Over 1,000 certified students
In 2023, we launched the advanced collaboration interface, enabling the management of shared budgets on an international scale. Partnerships with investment funds accelerated growth.
Result: Operations in 12 countries and savings of over 5 million EUR
We developed a proprietary audit system for cost reductions through volume, using virtual gold coins as a symbol of the value created. This innovation attracted the attention of large corporations.
Result: 30% average cost reduction for clients
In 2024, we were awarded for excellence in procurement optimization and collective transactions. Our platform is now a standard in the field, with an active community of over 10,000 users.
Result: "Innovation of the Year" Award in Collaborative Finance