Finds overpayments and missed rebates across supplier contracts and invoices for large enterprises
A typical multinational pays invoices against thousands of supplier contracts that nobody rereads after signature. Volume rebates go unclaimed, price-indexation clauses get applied in the supplier's favour, and duplicate invoices slip through because purchase order and invoice formats differ by country. Recovery audits usually sample under 2% of spend, so most leakage is never found.
Mirefield reads every contract, amendment and invoice line, extracts the commercial terms (rebate tiers, indexation formulas, payment terms, penalties) and checks each payment against them. Every finding links to the exact clause and invoice line, with a recovery amount the procurement team can send straight to the supplier. Finance connects its ERP once and gets continuous checks instead of an annual audit.
Procurement and finance teams at companies with more than €1B in third-party spend, roughly 6,000 companies across Europe and North America; recovery audit services alone are a multi-billion-euro market.
Annual platform subscription priced by spend under management, typically €180K–€900K a year, plus an optional share of recovered amounts in the first contract year.
Marit JansenCEO and co-founder
Pieter van DijkCTO and co-founder
Amara OseiChief Revenue Officer
Tobias LundVP Machine LearningWe pointed Mirefield at two years of logistics invoices first, because that was where we suspected problems. It found fuel surcharges billed above the cap in our carrier contracts and a volume rebate nobody had claimed since a contract renewal. The clause citations mean our buyers can send a claim without arguing for a week.
124% net revenue retention at this size tells you customers keep adding entities and contract types. Marit's team has grown without the usual sprawl, and the product still feels focused on one job. North America is still unproven for them: deals there take longer, and the Chicago office has yet to close at the European pace.
Most recovery audit firms still work on contingency and look at a slice of spend once a year. Mirefield's continuous checks and the 71% supplier acceptance rate on claims are the numbers I would watch. Our clients usually want to know what year three looks like, when the historical backlog is cleared and only new leakage remains.
The findings themselves are good and well documented. Getting there was slow: we run two ERP instances after an acquisition and the second one needed a custom extract that took eleven weeks. For a manufacturer our size the price is also hard to justify outside of the first year, when the backlog of old overpayments is largest.
Reply from Marit Jansen, CEO
Multi-ERP setups were our slowest path last year. A standard extract for the second instance now targets four weeks, and we are reviewing year-two pricing for mid-size spend.
Coming soon. Testimonials are invited by the founder and shown separately from open reviews.
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