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Deducta

Cleans up enterprise spend data to find savings

Overview

Deducta builds software that turns the scattered spending records of large companies into one clean view for procurement, finance and data teams. Its platform takes raw exports from accounting and purchasing systems in any format and merges the many name variants of each supplier into a single record. It then ranks savings opportunities, such as prices paid above contract rates or spend with suppliers that have no contract, and tracks each initiative until the savings are realized. Users can ask questions about their spend in plain language through a built-in AI assistant, and every figure links back to its source transaction. Deducta was founded in 2024 and is headquartered in London.

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About Deducta

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Industries

Data & AnalyticsEnterprise Software

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

Denmark

Founded

2024

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Simplify's take

What believers are saying

  • Deducta teams with a consultancy: an October 2026 article co-written with 4C Associates said both work together on transformation packages.
  • Sales earn commission: Deducta's full-time hybrid London sales job lists a base from 120,000 pounds and 200,000-pound-plus realistic on-target earnings.
  • Engineers get flexibility: Deducta's full-time London backend role requires two office days weekly, with visa sponsorship for the right candidate.

What critics are saying

  • Sellers carry a quota: Deducta's sales hire in London leads C-suite enterprise deals and must close new business.
  • Business roles mean office time: Deducta's London Strategy and Operations job is full-time, with 3-4 in-person days a week.
  • Funding is opaque: Deducta calls itself well capitalized but names no investors or amounts on its About page.

What makes Deducta unique

  • Deducta grew up inside private equity: it first helped value creation teams spot margin gains across portfolio companies.
  • Security is independently audited: Deducta holds ISO 27001, an international information security certification, with regular third-party reviews.
  • Sales start with data: prospects bring one spend file, and Deducta shows findings on a call in under an hour.

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Benefits

  • Hybrid Work Options
  • Company Equity

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