BravoAdvantageTM Savings Management empowers you to take control of your organisation’s savings management processes by streamlining its collection, approval and reporting across the entire organisation.
Whether you are dealing with one business unit or one hundred, you need a way to accurately manage, track, audit and report on your achieved savings.
BravoAdvantage Savings Management delivers an online solution to manage your savings process. Key features include:
- End-to-end Management: Enables you to track all savings, from the initial idea to final benefit signoff
- Robust Approval Processes: Guarantees the correct stakeholders from across the business are consulted for each saving initiative at key milestones, resulting in less disputes after the fact
- Flexibility and Scalability: Adapts to your organisation’s unique needs while avoiding expensive software development costs
- Comprehensive Reporting: Provides robust management reports, with full tracking of any deviations from plan
The success of your procurement department relies on its ability to show the added value delivered to the business every day. While attitudes have evolved from a pure cost down focus to include greater recognition of the total value proposition, capturing and claiming savings still remains a critical part of the process.
Most companies recognise less than half of their negotiated savings. Let BravoSolution help find the hidden savings opportunities in your value chain. Learn more here.