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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 JETRACT?

JETRACT is a cutting-edge cloud-based procurement software that aims to simplify the purchasing workflow. It encompasses a variety of E-Procurement features such as electronic auctions, request management, bid collection, approval processes, and delivery oversight. This platform allows organizations to strategically enhance their procurement operations effectively. In addition to saving time and cutting costs, our solutions also improve both transparency and reportability throughout the procurement process. By connecting suppliers on a unified digital platform, users can tap into a competitive environment for conducting effective auctions. Customize your auctions to fit your unique requirements in order to maximize savings potential. Moving to an electronic procurement system enables you to manage every element from bid collection and supplier evaluation to bid analysis, order handling, payment processing, and delivery monitoring, all within a single integrated system. Additionally, the platform allows for the analysis and generation of reports related to purchases across various projects and departments, thereby streamlining purchasing requests for your central procurement teams by incorporating all peripheral units and field teams into the framework. Ultimately, JETRACT equips organizations with the tools needed to refine their procurement methodologies, leading to enhanced operational efficiency and effectiveness. The comprehensive nature of the software also ensures that users can adapt to evolving procurement needs seamlessly.

Media

Media

Integrations Supported

Integrations Supported

Amazon Web Services (AWS)

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Documentation Hub
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

JETRACT

Date Founded

2016

Company Location

Turkey

Company Website

jetract.com/en

Categories and Features

Procurement

Sourcing Management

Project Management

Collaboration Tools
Customizable Templates
Gantt Charts
Idea Management
Milestone Tracking
Traditional Methodologies

Categories and Features

eProcurement

Not specified

Procurement

Not specified

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