# SIB

> SIB is a Charleston-based cost reduction and spend intelligence company combining category specialists, invoice audits, vendor negotiations, and its SpendBrain platform. It helps organizations identify overcharges, improve recurring-service pricing, and monitor whether negotiated savings survive subsequent bills.

- **Founded:** 2008
- **Headquarters:** Charleston, United States
- **Founders:** Dan Schneider (Founder and former CEO)
- **Products:** Kinetic Cost Reduction, SpendBrain, SpendBrain AP Automation, Shipping and logistics optimization, Telecom expense management
- **Notable:** SIB reports work across 70,000 locations nationwide in its current FAQ., Peak Design case study reports $300,000 in annual savings following fulfillment review and renegotiation., An anonymous power management client case study reports $400,000 in annual bank fee savings without changing banks or services.

## Products & services

- **Kinetic Cost Reduction** — Expert-led auditing, recovery, negotiation, right-sizing, implementation, and ongoing monitoring of recurring expenses.
- **SpendBrain** — AI-powered spend intelligence connecting contracts, invoices, vendors, and historical activity; supports anomaly detection and conversational contract queries.
- **SpendBrain AP Automation** — Invoice intake, data classification, validation, approval routing, payment workflows, and accounting-system synchronization.
- **Shipping and logistics optimization** — Parcel, LTL, carrier negotiation, freight auditing, and third-party fulfillment procurement, incorporating Shipware expertise.
- **Telecom expense management** — Contract and invoice reviews, service and usage checks, rate negotiations, and telecom billing expertise through Sage Management.
- **Utility and waste expense management** — Utility procurement, rate and bill review, waste-service optimization, and recurring expense oversight.

## Achievements

- SIB reports work across 70,000 locations nationwide in its current FAQ.
- Peak Design case study reports $300,000 in annual savings following fulfillment review and renegotiation.
- An anonymous power management client case study reports $400,000 in annual bank fee savings without changing banks or services.
- Received a 2026 Artificial Intelligence Excellence Award in Financial Services, announced in March 2026.

## Latest updates

- **2026-02** — Opened an Atlanta office in Sandy Springs serving executive leadership and HR, Finance, and Marketing functions.
- **2026-03** — Announced a 2026 Artificial Intelligence Excellence Award in Financial Services for SpendBrain.
- **2026-09** — Announced on September 29 that Shipware would be fully integrated into SIB/SpendBrain, retaining specialist transportation expertise.

## Links

- Website: https://www.aboutsib.com/
- LinkedIn: https://www.linkedin.com/company/sib-development-&-consulting-inc-/
- Twitter/X: https://twitter.com/sibsavings
- YouTube: https://www.youtube.com/SIBDevelopment
- Instagram: https://www.instagram.com/poweredbysib/
- Facebook: https://www.facebook.com/SIBFCR/

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Profile page: https://yespress.io/sib
Published by YesPress — https://yespress.io
Last updated: 2026-10-25