Matthias Toepert

Thinking Machine is a SaaS platform for analyzing supplier contracts & invoices at scale. Our patented tech automates the most complex tasks of consolidating, auditing, and optimizing all areas of enterprise technology spend, while ensuring the highest standards of data security and privacy to our customers (our solution is SOC-2 compliant!) . Our platform leverages all available data, including unstructured data, to help our customers overcome 360 spend visibility challenges so they can realize their ambitions for smarter spending and sustained savings in their procurement processes while closely aligning to the organizations P&L and strategic aims. In the last few years, we’ve been able to provide immense value to our customers by: -> Replacing Google OCR at a procurement technology vendor, driving a 30% uplift in data quality over messy invoices while processing up to 100,000 monthly invoices -> Accurately identifying almost $50m in savings in the last year alone for our customers ->Introducing a real-time invoice validation system against a Professional Service contract worth $500m a year which was experiencing a 10% error rate ->Introducing a proposal-to-spend forecasting system enabling Procurement to evaluate complex bids from strategic suppliers and finally winning executive support to walk away from a long-standing $30m contract with a strategic supplier for a lower-cost option.

SimpliContract is on a mission to democratize contracting and establish powerful contract management practices using the power of AI. We help in-house Legal, Sales, Finance, and Procurement teams simplify the process across the contract lifecycle and enable real-time collaboration for internal and external stakeholders. The AI-powered end-to-end enterprise Contract Lifecycle Management (CLM) platform helps organizations accelerate revenue, reduce risk, improve compliance, reduce expenses, and boost productivity. The CLM platform empowers 20K+ users and stakeholders to manage contracts effectively and efficiently through a unified collaboration platform. Leading players in Retail, IT, E-commerce, Ed-tech, Govt. & Healthcare and other industries across the globe trust SimpliContract for their end-to-end contracting needs.

Our vision is to transform supplier relationships & negotiation management to help you capitalize on the great value-creation potential in procurement. LeanLinking provides both Supplier Relations & Negotiation Management solutions that enables large organizations to harness the power of insight with these solutions.

Thinking Machine is a SaaS platform for analyzing supplier contracts & invoices at scale. Our patented tech automates the most complex tasks of consolidating, auditing, and optimizing all areas of enterprise technology spend, while ensuring the highest standards of data security and privacy to our customers (our solution is SOC-2 compliant!) . Our platform leverages all available data, including unstructured data, to help our customers overcome 360 spend visibility challenges so they can realize their ambitions for smarter spending and sustained savings in their procurement processes while closely aligning to the organizations P&L and strategic aims. In the last few years, we’ve been able to provide immense value to our customers by: -> Replacing Google OCR at a procurement technology vendor, driving a 30% uplift in data quality over messy invoices while processing up to 100,000 monthly invoices -> Accurately identifying almost $50m in savings in the last year alone for our customers ->Introducing a real-time invoice validation system against a Professional Service contract worth $500m a year which was experiencing a 10% error rate ->Introducing a proposal-to-spend forecasting system enabling Procurement to evaluate complex bids from strategic suppliers and finally winning executive support to walk away from a long-standing $30m contract with a strategic supplier for a lower-cost option.

SimpliContract is on a mission to democratize contracting and establish powerful contract management practices using the power of AI. We help in-house Legal, Sales, Finance, and Procurement teams simplify the process across the contract lifecycle and enable real-time collaboration for internal and external stakeholders. The AI-powered end-to-end enterprise Contract Lifecycle Management (CLM) platform helps organizations accelerate revenue, reduce risk, improve compliance, reduce expenses, and boost productivity. The CLM platform empowers 20K+ users and stakeholders to manage contracts effectively and efficiently through a unified collaboration platform. Leading players in Retail, IT, E-commerce, Ed-tech, Govt. & Healthcare and other industries across the globe trust SimpliContract for their end-to-end contracting needs.

Our vision is to transform supplier relationships & negotiation management to help you capitalize on the great value-creation potential in procurement. LeanLinking provides both Supplier Relations & Negotiation Management solutions that enables large organizations to harness the power of insight with these solutions.

McKinsey & Company is a global management consulting firm. We are the trusted advisor to the worlds leading businesses, governments, and institutions. We work with leading organizations across the private, public and social sectors. Our scale, scope, and knowledge allow us to address problems that no one else can. We have deep functional and industry expertise as well as breadth of geographical reach. We are passionate about taking on immense challenges that matter to our clients and, often, to the world. We work with our clients as we do with our colleagues. We build their capabilities and leadership skills at every level and every opportunity. We do this to help build internal support, get to real issues, and reach practical recommendations. We bring out the capabilities of clients to fully participate in the process and lead the ongoing work.