Cost Optics Information

Cost Optics delivers a consolidated, software as a service platform. We bring together our proprietary business tooling, data analysis expertise and business process engineers to enable institutions to take control of their operating costs. Banks and major financial institutions typically have several major expense categories which cost them hundreds of millions of dollars each year. The massive dollar value of these categories, consisting of thousands of small charges, contractual and audit complexities, with no single budget owner to take overall control across the firm means that expense management is an ongoing challenge for even the largest of financial institutions. We help buy-side institutions minimize their cost bases and sell-side institutions connect to their clients and rationalize their product delivery. Our service platform is built on our proprietary LightstoreTM, Marketplace and GlassworksTM products, providing the right level of MIS and financial management for your job role, expense management programme or ITSM product suite. Our cloud based automation, an out-of-the box managed solution, allows cost controllers to scale their expense management and data analysis programs across thousands of users as easily as if it were for a single individual user. Our finance as a service (FaaS) products provide core operations for invoice, inventory and financial accounting management, reconciliations and dispute management either as a managed service or on-demand fulfillment. We connect invoices to inventory to accounting: a 100% match, protecting your firm's profitability. Contact us to learn more on how we can enable your institution to take control.