Efficiency and ROI Case Studies

Solution Details Estimating Impact

Each client partner is at a different milestone along their digital and procurement transformational journeys.
To measure the expected impact of our solutions, understanding your current baseline & potential is key.

EC Spend

Efficiency and ROI Case Studies

CONSIDERATIONS

  • Current State Visibility
  • Systems & Data Leveraged
  • Data Quality & Categorization
  • Tech & Process Leveraged
  • Time & Resources Baseline
  • Compliance Baseline

TOP ROI AREAS

  • Leverage New Spend
  • ID New Savings
  • ID Compliance Savings
  • ID Demand Mgmt Areas
  • Time & Resources Saved
  • Increased Influence

EC Supplier

Efficiency and ROI Case Studies

CURRENT CONSIDERATIONS

  • Volume of Suppliers
  • Process for Onboarding
  • Time & Resources Baseline
  • Process for Doc Mgmt Today
  • Process for Communication
  • Compliance Baseline

TOP ROI AREAS

  • Time & Resources Saved
  • Supplier Risks Mitigated
  • Supplier Cost Avoidance
  • Improved Compliance

EC eSourcing

Efficiency and ROI Case Studies

CONSIDERATIONS

  • Addressable Spend Available
  • Degree of Market Volatility
  • Category Roadmap & Plan
  • Past Sourcing History & Rigor
  • Existing Category
  • Current Tools  LeveragedConstraints

TOP ROI AREAS

  • Category Savings
  • Improved SLAs
  • Time & Resources Saved
  • Risk Avoidance
  • More Spend Under Mgmt
  • Other Cost Avoidance

EC Contracts

Efficiency and ROI Case Studies

CURRENT CONSIDERATIONS

  • Volume of Contracts
  • Scope of Contract Types
  • Time & Resources Baseline
  • Compliance Baseline
  • Current Tools Leveraged

TOP ROI AREAS

  • Improved Pricing
  • Improved SLAs
  • Time & Resources Saved
  • Improved Compliance
  • Risk Avoidance
  • Other Cost Avoidance

EC Auctions

Efficiency and ROI Case Studies

CONSIDERATIONS

  • Spend Available for Auction
  • Auction History & Baseline
  • Time & Resources Baseline
  • Current Tools Leveraged

TOP ROI AREAS

  • Improved Pricing
  • Improved SLAs
  • Time & Resources Saved
  • Risk Avoidance
  • Other Cost Avoidance

EC Workflow

Efficiency and ROI Case Studies

CURRENT CONSIDERATIONS

  • Non-Digital Process State
  • Time & Resources Baseline
  • Communications Scope
  • Volume of Stakeholders
  • Risk Exposure Currently

TOP ROI AREAS

  • Risk Avoidance
  • Time & Resources Saved
  • Improved Compliance
  • Increased Scalability

EC Optimize

Efficiency and ROI Case Studies

CONSIDERATIONS

  • Process for Award Scenarios
  • Time & Resources Baseline
  • Scope of Scenarios Today
  • Current Tech Leveraged

TOP ROI AREAS

  • Improved Outcomes
  • Time & Resources Saved
  • Risk Avoidance
  • Other Cost Avoidance

EC Insights

Efficiency and ROI Case Studies

CURRENT CONSIDERATIONS

  • Current KPIs Tracked
  • Current Analysis Baseline
  • Actionable Insights Today
  • Level of Decentralized Data
  • Volume of Stakeholders

TOP ROI AREAS

  • Time & Resources Saved
  • Improved Insights to Action
  • Increased Influence

Recent Benchmarks for Impact

Automation & Efficiency Gains

Impact on Data Analysis Process

Impact on Data Analysis Process

ROI based on $50-$300 rate

$7,000 – $42,000

ROI based on $50-$300 rate

140

Avg Annual Hrs Saved / Per FTE

Key Activity (Time Saved)

  • Data Collection (10 hrs)
  • Consolidation (20 hrs)
  • Data Organization (40 hrs)
  • Data Retrieval (20 hrs)
  • Data Analysis (35 hrs)
  • Refresh / Expansion (20 hrs)
Impact on Project Management

Impact on Project Management

ROI based on $50-$300 rate

$30,000 – $180,000

ROI based on $50-$300 rate

600

Avg Annual Hrs Saved / Per FTE

Key Activity (Time Saved)

  • Specification Process (40 hrs)
  • Approval (15 hrs)
  • Milestone Mgmt (25 hrs)
  • Control Procedures (25 hrs)
  • Project Management (30 hrs)
  • Communications (20 hrs)
Impact on Contract Visibility & Management

Impact on Contract Visibility & Management

ROI based on $50-$300 rate

$24,000 – $144,000

ROI based on $50-$300 rate

480

Avg Annual Hrs Saved / Per FTE

Key Activity (Time Saved)

  • Contract Metadata Set Up (10 hrs)
  • Contract Communications (25 hrs)
  • Contract Alerts (12 hrs)
  • Contract Retrieval (50 hrs)
  • Contract Vendor and Category-related insights (18 hrs)
Impact on Supplier-related Insights

Impact on Supplier-related Insights

ROI based on $50-$300 rate

$25,000 – $150,000

ROI based on $50-$300 rate

500

Avg Annual Hrs Saved / Per FTE

Key Activity (Time Saved)

  • Dimensions Creation (25 hrs)
  • Document Management (20 hrs)
  • Third-party Inquiries (22 hrs)
  • Supplier Questionnaires (50 hrs)
  • Supplier Scoring (6 hrs)
  • Corrective Actions (12 hrs)