Konsido develops software and services that give public and private companies unique insight into their spending patterns and external supplier costs. Konsido's digital AI-based solutions analyse the consumption patterns of your organisation based on a number of business-critical dimensions:
The choices we make as individuals or organisations when consuming resources, whether products, services or supplies, have a direct and indirect impact on the economy, society, the environment and relationships with suppliers, citizens, customers and employees.
Konsido's digital AI-based solutions, Konsido DATA, Konsido CPO, Konsido SPEND and Konsido SOCIAL, all aim to shed light on how our consumption behaviour can be optimised, depending on which agendas (bottom lines) the organisation wants to address.
Invoicing data is the optimal data source in relation to analyzing and understanding your organisation's consumption patterns. This applies regardless of whether it is an analysis of the organisation's direct or indirect spend.
Any purchase made from an external supplier is followed by an invoice describing the product or service purchased. The key to understanding and optimising the organisation's consumption behaviour therefore lies in the organisation's ability to properly process, categorise, enrich and analyse invoice data. This is exactly the task Konsido DATA solves.
Konsido DATA extracts information from electronic
invoices (OIOUBL, PEPPOL or equivalent) and enriches this information with accounting and company register information. The database therefore contains a wide range of information describing all aspects of the purchase made - both in relation to the internal organisation, the product, the supplier, etc.
A key prerequisite for good consumption analysis, whether the focus is on economics, sustainability or diversity, is that invoice data is categorised in detail and correctly according to a category structure that makes business and organisational sense for further analysis.
The Konsido1000 category structure contains approximately 1,000 categories of goods, services and utilities divided into 3 levels of detail. The initial focus has been to reflect the consumption behaviour of public authorities and state-owned enterprises and to ensure that the category structure is relevant to analyses of Scope 1, 2 and 3 CO2 emissions. The extension, Konsido1000+, allows customers with specific categorisation needs to customise the structure to meet their specific needs.
The Konsido1000 categorisation structure is under continuous development by Konsido and can be freely downloaded and used without restrictions, as long as a reference is made to konsido.dk.
Konsido DATA can be purchased as a stand-alone solution. If you purchase Konsido CPO, Konsido SPEND or Konsido SOCIAL, Konsido DATA is an integral part of these solutions.
If you purchase Konsido DATA you get:
Konsido CO2-focused Procurement Optimization (or simply Konsido CPO) gives your organization a unique and detailed insight into how the consumption behavior of your organization affects the climate in a circular perspective. Based on the Konsido1000 categorisation, which maps your consumption patterns (across departments and cost centres and across suppliers), Konsido CPO allows you to identify hotspots and map which actions and behavioural changes have the greatest impact on both CO2 emissions and a wide range of other sustainability parameters.
At the core of the Konsido CPO solution is the Konsido1000 categorised data, enriched with information on each category's relationship to a wide range of parameters under the umbrella term "sustainability". Sustainable behaviour is thus broadly interpreted and includes in Konsido's interpretation relationships to:
These sustainability data are documented in the Konsido Database of Potentials, which is updated continuously as new knowledge becomes available. Maintenance of the database is handled in collaboration with Konsido's partners and customers.
Konsido CPO enables you to identify the consumption behaviour interventions that best meet the organisation's sustainability objectives and at the same time identifies which part of the organisation has the most influence on achieving the impact goals. In addition, Konsido CPO provides access to a continuously updated and interactive climate report based on both Scope 1, 2 and 3 CO2 emissions, where it is always possible to drill down into specific emissions figures and identify causes and courses of action.
Konsido CPO is based on the methodology called Environmental Input-Output Analysis. This methodology is based on the organisations' total external consumption expenditure (excluding own wage costs and internal financial transactions). Consumption expenditure is divided into categories (using the Konsido1000 structure) and CO2 emission factors are assigned to each category based on a price-adjusted monetary consumption. Read more here
Konsido CPO can be purchased as a standalone solution and builds on the data foundation of Konsido DATA. This means that all solution elements in Konsido DATA are included in Konsido CPO.
If you purchase Konsido CPO you get:
Konsido CPO references: Arhus Kommune; Odense Kommune; Evida Services A/S; Nyborg Kommune; Nordfyns Kommune
Konsido SPEND provides your organisation with a unique and detailed insight into the financial and legal aspects of your organisation's spending behaviour. Based on the Konsido1000 categorisation, which maps your consumption patterns (across departments and cost-centres and across suppliers), Konsido SPEND allows you to support category management, measure internal and external compliance (at all levels), establish price controls and identify actions that can reduce your costs for purchasing goods and services.
Konsido SPEND, you can continuously monitor the purchasing behaviour in your organisation and gain insights into how to best improve the use of the supplier agreements you have signed. The included standard reports provide an overview of:
Konsido SPEND is based on the Konsido1000 category structure, designed from the outset to match the categories of goods and services typically purchased by large public sector organisations. This means that the maintenance of data interfaces for e.g. compliance analyses is considerably simplified compared to other procurement analysis systems using UNSPSC categorisation, as there is often a 1:1 correspondence between contract and tender areas and the Konsido1000 structure.
Konsido SPEND can be purchased as a standalone solution and builds on the data foundation of Konsido DATA. This means that all solution elements in Konsido DATA are included in Konsido SPEND.
If you purchase Konsido SPEND you get:
Konsido SPEND references: Odense Kommune; Evida Services A/S; Frederiksberg Kommune
Procurement analysis of services and utilities - which together account for about 80% of public sector procurement - has always been a complex task. Based on the unique Konsido1000 categorisation structure, Konsido SPEND enables you to produce unprecedented quality analyses in this particular area, where there is enormous potential to realise gains, whether the bottom line is about economics or sustainability.
Konsido SOCIAL is a solution that, so far, is targeted at municipalities in Denmark. The social and employment sector accounts for approximately 25% of the municipalities' total expenditure on external suppliers and offers great opportunities to apply more professional procurement principles while respecting the complex legal nature of the sector and the right of case managers to make individual decisions to best support the needs of the citizen.
The foundation of Konsido SOCIAL is a detailed categorisation of expenditure in the field in a structure that combines the best elements of the authorised chart of accounts structure and the best purchasing knowledge in the field.
Konsido SOCIAL can be purchased as a stand-alone solution. However, if you have purchased Konsido SPEND, you will already have access to a data foundation that is similar to that which comes with Konsido SOCIAL. If your organization is abroad Denmark, please allow for extra development time.
If you buy Konsido SOCIAL you get:
The team behind Konsido, together with our partner Tolstrup & Hvilsted, has many years of experience in public procurement analysis. We are happy to bring this experience into play in your organisation, while also utilising the insights we gain from using the analytical powers behind Konsido DATA, Konsido CPO and Konsido SPEND.
With this analysis package, Konsido performs a one-time analysis of your historical invoice and posting data. Typically for a period covering 3 years of data. Based on the data provided, Konsido's consultants, in collaboration with consultants from Tolstrup & Hvilsted ApS, conduct an overall business and procurement analysis of the organisation's historical consumption behaviour in order to identify the actions and areas with the greatest potential for improvement.
The analysis can be purchased as a stand-alone consultancy service, regardless of whether you already use Konsido's digital analytics solutions.
If you purchase Konsido 360-degree analytics as a standalone consultancy service, you will receive:
References: Allerød Kommune; Ishøj Kommune, Vallensbæk Kommune
Category management is gaining ground in larger private and public organisations as a way to ensure a more professional approach to procurement. There is a wide variation in the professional insight required when working with procurement of, for example, armour, food, technical consultants, temporary personnel or winter services.
The Konsido1000 categorisation was developed specifically to support category management work in public and private organisations, and Konsido therefore offers advice on how best to organise this work and how best to support it with data.
The advice can be purchased as a stand-alone advisory service,
regardless of whether you already use Konsido's digital analytics solutions or whether you use other analytics solutions on the market.
If you purchase category management consulting from Konsido, you are free to put together a delivery package that may include:
Category management advisory services can be purchased as a package, charged individually, by the hour or as a prepaid card, where up to 20% discount can be obtained on Konsido's standard hourly rate of DKK 1,495 excluding VAT.
Referencer: Region Nordjylland
Together with Aarhus Municipality and our development partners, Konsido has developed Konsido CPO, which is the market's leading interactive solution for identifying what actions an organisation can take to ensure more sustainable consumption behaviour.
This advisory service can be purchased as a stand-alone advisory service, regardless of whether you wish to purchase Konsido CPO as a digital analytics solution. Either way, however, Konsido's advice will be based on analyses conducted in Konsido CPO.
If you purchase advice on sustainable consumption behaviour, you are free to design a delivery package, which may include:
References: Nyborg Kommune; Nordfyns Kommune
Below you will find a wide range of answers to the questions we typically encounter when engaging with customers, suppliers and partners. Please email info@konsido.dk if there are any questions you need answered.
Konsido categorizes the content of the invoices at the invoice line level. As a basis for the categorisation, Konsido, as the only company on the market, uses a data basis consisting of both invoice line information, invoice header information, related accounting information and information about the individual suppliers from the Danish company register (CVR).
Konsido's Service Level Agreement promises that 95% of all invoice lines will be correctly categorised according to. Konsido1000 category structure. Correct means that the selected category corresponds to the information content of the invoice line.
Konsido uses cloud-based servers that can scale as needed. For individual customers, Konsido currently handles more than 15 million invoice lines.
The Konsido1000 category structure is continuously developed and updated about 4 times a year based on the latest knowledge and experience in category management and based on the type of goods actually purchased by our customers. Customers representing industries with special needs can be offered a tailor-made version (Konsido1000+) to ensure that their needs are met.
Konsido does NOT support UNSPSC as UNSPSC with its 90.000 categories of goods and services is better suited for technical purposes. As a basis for consumption analysis and category management (especially in the service areas), it is assessed that UNSPSC cannot solve the needs we see with our customers.
Konsido ApS is owned by Thomas Schultz, Partner and CEO, Piotr Dworzynski, Partner and CTO, Torben Falholt, Partner and Chairman and Søren Hvilsted, Partner and Board Member. You can read more about Konsido in the Danish Register of Companies: CVR-registeret.
Konsido is a "Danish" contraction of "Consider this idea". In the world we live in, there is a need to break with habit and to find new ways to solve the problems we face. Konsido works to stay ahead of the curve and to find new innovative solutions in collaboration with clients and partners.
Konsido is committed to organising its daily work in a way that minimises the transport needs of the Konsido team. This means, among other things, that everyone in the team works from home as much as possible and that the majority of meetings with customers and partners are conducted via Teams and Google Meet. Where possible, public transport, bicycles and electric scooters are used for physical meetings within the team and with clients.
In relation to the processing of our customers' data, recognised international suppliers are used as hosting partners. Sensitive invoice data is pseudonymised at OVH SAS, a major French hosting partner, before pseudonymised data is transferred for further analysis and categorisation at Microsoft on their Azure platform. This means that customers' sensitive data is in safe hands with Konsido.
Konsido typically helps customers (both public and private organisations) that receive more than 5,000 invoices annually. It is a prerequisite that invoices can be delivered in their original format, that these invoices are in a format corresponding to the Danish OIOUBL standard, the European PEPPOL standard or the Scandinavian variants of PEPPOL (e.g. EHF 3.0 or SWEFAK).
At Konsido, you pay an annual license fee for our solutions and a start-up fee for the first year. The price is calculated as a fixed amount, an amount that depends on the solution(s) included in the subscription and an amount that depends on the annual volume of invoices to be processed. Our annual licence prices, depending on the package, are typically in the order of DKK 100,000 to DKK 500,000 plus a corresponding start-up fee.
If you would like to discuss the possibilities of becoming a Konsido customer, please contact Konsido by e-mail at info@konsido.dk. We will then arrange a virtual start-up meeting, discuss your needs and provide you with more information about our capabilities to help your organisation.