Synapsum provides actionable cost intelligence through its integrated software solutions, enabling businesses to gain real-time insights into supply chain costs and optimize pricing strategies. This technology helps companies quickly identify and respond to cost anomalies, improving profit margins and operational efficiency.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses struggle to gain real-time visibility into their supply chain costs, leading to inefficient pricing strategies and missed opportunities for cost optimization. Traditional cost-to-serve assessments often provide only a historical snapshot, failing to address the dynamic nature of modern supply chains and the need for proactive responses to cost anomalies.
Solution
Synapsum offers a suite of integrated software solutions designed to provide actionable cost intelligence across the end-to-end business. The platform enables businesses to identify and respond to cost anomalies in real-time, optimizing pricing strategies and improving profit margins. By bringing together planning, sales, marketing, and operations, Synapsum facilitates data-driven decision-making and helps companies reclaim a significant percentage of sales to profit. The software integrates with existing CRM and enterprise productivity tools, enhancing their value and delivering a higher return on investment.
Target Audience
Synapsum primarily targets distributors and manufacturers seeking to reduce and recover costs across their global supply chains, including professionals in sales, marketing, operations, and supply chain management.
Features
- **Cost-to-Serve IO™:** Provides hard-to-get-at cost insights, offering a bird's-eye view of current and future results.
- **Profitstream™:** Connects sales and operations, delivering automated alerts and a total view of customer profitability within Salesforce CRM.
- **Commercial Pricing & Recovery:** Enables price execution and standard costs that mirror real costs.
- **Sell-Side Pricing:** Facilitates freight rates that recover costs across truckload, ocean, rail, and multi-modal transportation.
- **Shipping & Handling At Checkout:** Dynamically generates rates that meet recovery goals.
- **Cost Anomaly Detection:** Highlights every outlier and opportunity.
- **Continuous Optimization:** Delivers intelligence in minutes, not months.
- **Bottoms-Up Forecasting:** Provides forecasts that allow businesses to stay a step ahead.