Projects and Savings
Connected. Finance-grade. Agent-ready. Projects and Savings brings the category strategy, the sourcing events and the savings number into one place.


Projects and Savings Capabilities: Project Workspaces, Linked Sourcing Events and Savings Initiatives
Project Workspaces bring every sourcing initiative into one place, from category strategies and competitive events to contract negotiations and supplier improvement programs. Each project holds the milestones, tasks, documents and owners needed to deliver the outcome.
Start from a template with your own fields, statuses and workflow rules. Stay focused on stakeholder alignment while status and deadlines stay with the work, and standardize how every category team plans.

Launch RFx events directly from the project, and every event keeps its context: the strategy, the team and the documents behind it. Run a multi-event category strategy from one workspace instead of stitching status together across tools.
Stay in the project from the first RFx to the award, then open the savings initiative from the same place.

A savings initiative starts from the award, so there’s nothing to re-key. Your own definitions set the baseline and the calculation method, and cost savings and cost avoidance are tracked separately, so no dollar is counted twice.
Finance sees estimated, forecast and actual savings by month, rolled up to fiscal-year and category goals. Every number traces back to the award line and the definition behind it.

Additional Features
Why Sourcing Leaders Love Projects and Savings





