"In the first 3 months working with Sidelight, we found over $120K of unused licenses, paying for Sidelight many times over ."
Head of Data Services - Medium sized Commodities Brokerage
Problems faced by buyers
Asset Managers and other Financial Service companies currently have no way to objectively assess whether their firm is subscribed to the right vendors, which add the right business value, at the right cost or what the alternatives realistically are.
Limited Peer Cost Comparison
Similar firms can pay up to 4X the amount for an identical solution
Unable to
assess business value
Firms struggle to assess vendor use and value across their user base
Negotiations inefficiency
Without peer cost and user intelligence negotiations are more art than science, leading to large costs and ineffectual usage
No visibility on market trends
No insight into the vendors other peers are using
Difficult to identify alternatives
who are the alternative providers and how do they stack up?
Introducing Sidelight®
A data-led approach to assessing existing vendors, negotiating with hard facts, and identifying best-in-class vendors to support the business
Deep Value Analysis
We directly collect user and stakeholder feedback and ratings, for data and services enabling you to identify solutions adding most/least value to your business.
Peer Vendor Trends
Compare your budget allocation and user feedback to those of your peers and uncover new vendor opportunities, blind spots and red flags.
Cost Insights
Aggregated spend data for many vendors across the industry allows you to compare your solutions across price and fee increases, flagging those above the market rate.
Negotiate with hard facts
Achieve better negotiatiated outcomes by driving them with internal and peer benchmarking insights (Pricing, Terms, Ratings, etc.)
Sidelight Value Matrix.
An informed view to effectively understand, prioritize and negotiate vendor spend.
Vendor negotiations are about more than just cost.
Costs are analysed relative to the value they bring, allowing our Clients to derive fully actionable insights.
Actionable Insights.
Cost vs Value
Prioritisation