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Startup of the Week - Reducer

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by Startacus Admin

Reducer, the London-based startup that is helping businesses save money on key products and services

reducer logoWhilst many of us use comparison sites when we’re buying products and services for ourselves, it can be a different story when we are purchasing for our businesses. After all, our business needs and requirements can often be a lot more complex. As a result, we may be paying a lot more than we actually need to in particular areas. That however need no longer be the case, thanks to our latest startup of the week.

reducer picReducer is an innovative startup which is on a mission to “help businesses find savings, choose savings and make savings”.

If you’re a business owner, you simply link your cloud accounting platform and then Reducer will analyse your company’s bills. It will provide you with quotes from hundreds of suppliers for the services which you use. You can then select which savings to make and the Reducer team will set up your new contracts for you.

Accountants can also use Reducer on behalf of their clients and thereby provide cost advisory services to those clients.

Once a client’s cloud accounting platform is linked to Reducer, their accounting data is then analysed and any areas where they are overpaying or where they could save money are identified. Customised savings reports are provided and should a client wish to switch to a new supplier or provider, the Reducer team work with them to complete the process.

Reducer is easy to use and saves both money and time. We reckon that businesses and accountants alike are going to love this one!


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Published on: 11th September 2019

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