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What is Savings Manager?
Reimagine the way you plan, oversee, and report on procurement performance with our groundbreaking Savings Manager, designed to guarantee that your benefits accrue efficiently. Effectively managing cost reduction strategies and documenting their outcomes can be quite complex, which is the reason we developed the Savings Manager. At present, more than 6,000 procurement professionals worldwide depend on this tool to enhance their cost-saving initiatives, resulting in improved procurement results. Simplifying the management of your procurement savings has never been easier. Start by using the intuitive interface to enter your cost reduction tactics and create a detailed savings pipeline. Transform those tactics into actionable projects with defined timelines while continuously updating your forecasts and budgets. Keep your projects organized by utilizing Gantt charts to track progress, establish milestones, and delegate tasks accordingly. Ensure you obtain the necessary approvals from stakeholders at key stages within the system to uphold a clear audit trail. Moreover, take advantage of our completely customizable reporting options to share comprehensive savings data across your organization, making certain that everyone is aware of the financial implications. This comprehensive strategy not only facilitates better management but also empowers procurement professionals to unlock substantial value through meticulous oversight and reporting, ultimately driving success across the entire organization.
What is AWARD?
Strategic procurement processes involve multiple stakeholders and can lead to considerable risks and expenses, often taking up more than half of the annual budget and accounting for 90% of potential risks. These procurement activities have a profound impact on business performance. Effectively managing the challenges and complexities that arise is a demanding endeavor, yet making educated decisions is crucial for achieving success. This is where our AWARD® Solution truly shines. Since its launch in 2001, AWARD® has enabled buyers to effectively and confidently select the most suitable suppliers while maintaining a clear audit trail and managing a variety of team members efficiently. With a range of offerings that include Pro, Plus, and Premium packages, AWARD® provides the necessary flexibility and scalability to benefit projects, programs, and organizations of all sizes. Our comprehensive strategic evaluation capabilities are unparalleled in the marketplace, guaranteeing that each procurement choice is both strategic and well-informed. Furthermore, this dedication to quality not only enhances overall organizational performance but also significantly reduces risks associated with procurement activities, fostering a culture of accountability and efficiency.
Integrations Supported
Jama Connect
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
Provalido
Date Founded
2013
Company Location
United Kingdom
Company Website
www.provalido.com
Company Facts
Organization Name
Commerce Decisions
Date Founded
2001
Company Location
United Kingdom
Company Website
commercedecisions.com/award/
Categories and Features
Procurement
Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management
Project Management
Agile Methodologies
Budget Management
Client Portal
Collaboration Tools
Cost-to-Completion Tracking
Customizable Templates
Gantt Charts
Idea Management
Kanban Board
Milestone Tracking
Portfolio Management
Resource Management
Time & Expense Tracking
Traditional Methodologies
Categories and Features
Procurement
Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management