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
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
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
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
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
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
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
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
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
$7,000 – $42,000
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
$30,000 – $180,000
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
$24,000 – $144,000
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
$25,000 – $150,000
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)