At the core is our transformation engine, Genesis. Genesis normalizes key elements like vendors, products, and locations, then matches service-level data across historical records to ensure accuracy and continuity.
This foundation of clean, reliable data is what powers everything MiSO3 delivers—because smart decisions start with trusted information.
Technology costs typically decline over time as innovations improve efficiency. That’s why, when a service term ends, it’s best practice to assess current market rates before deciding your next move. Customers generally have four options:
1.Do nothing – Let the service auto-renew, often at outdated or higher rates
2.Cancel the service – End the commitment if it’s no longer needed
3.Extend the term – Renew with the current vendor, often referred to as seamless savings
4.Replace the service – Switch vendors or renegotiate with the current one; this may require effort to reprovision and transition the service
MiSO3 helps you evaluate these options with confidence—benchmarking current rates and surfacing actionable opportunities, so you never overpay by default. It also monitors cancellation requests to ensure services are removed from your invoices in a timely manner, preventing unnecessary charges from lingering.
Automated Re-term Optimization
MiSO3 continuously tracks when services approach the end of their term. Using AutoQuote, MiSO3 first requests updated pricing from your existing supplier based on a term extension.
Benchmarking
If needed, you can trigger the same request to alternate suppliers—MiSO3 collects and compares those responses too, making it easy to identify and act on the best option.
Cancellation Monitoring
MiSO3 automatically tracks cancellation requests to confirm that discontinued services are removed from future invoices—preventing unnecessary charges from slipping through and protecting your financials.
Approving invoices can be tedious—often involving large downloads and manual comparisons to prior bills.
MiSO3 streamlines this process with automation and clarity.
Change Comparison
MiSO3 automatically compares invoices month-over-month within the same vendor account, highlighting both high-level changes and line-item adjustments.
It flags recurring and one-time changes at the service level, so you can review with confidence:
1. Approve if everything checks out
2. Investigate or reject if something looks off
Spend Distribution
To stay GAAP-compliant, organizations must allocate costs to the month in which services are actually used.
This can be complex—some services are billed in advance, others in arrears, and some span multiple periods.
MiSO3 eliminates the guesswork by extracting billing period details directly from each invoice.
It clearly identifies which charges belong to which month—ensuring accurate, audit-ready financial reporting.
To make vendor spend truly actionable, it must be placed in context—whether tied to a vendor, location,
employee, project, or application. Many of these data points live in separate systems and aligning them isn’t a
one-time effort—it must be repeatable and automated.
MiSO3 Service Alignment
MiSO3 automatically aligns and reports on all stored data. Users can instantly view spend by hundreds of attributes—including vendor, facility, employee, and more—without the need for manual tagging or one-off analysis.
External Alignment
Most organizations rely on multiple systems, each with its own purpose and data format. Because data quality often depends on how frequently it’s updated, inconsistencies are common.
MiSO3 uses its Align technology to intelligently match, map, and compute across systems. Common use cases include:
Variance Reporting – Comparing operational datasets against what’s invoiced
Margin Analysis – Linking service costs to customer revenue to assess profitability
Searching for invoices, service orders, or contracts shouldn’t mean digging through emails, shared drives—or worse, desk drawers. MiSO3 eliminates the chaos by automatically ingesting and linking documents to the services they support.
Invoice Storage
Every service in MiSO3 begins with an invoice. Each invoice is automatically associated with the services it covers, making it easy to search, view, and download anytime—no more manual file hunts.
Alternative Document Storage (Coming Q2 2025)
With the help of MiSO3 Ai Agents, you can upload vendor contracts, service orders, and other key documents directly into the platform. These files will be auto-discovered, enriched for context, and linked to the relevant services—accessible with a simple keystroke.