Procurement Savings Management
Automatically Track, Measure & Report Procurement Savings
Plan and manage procurement savings and cost reduction projects. Split projects into manageable milestones, measure performance, and track real-time savings across departments with approval workflows and user-friendly dashboards.
Track Performance
Realise Savings Pipelines
User-friendly process that lets users create pipeline savings and turn them into realised savings across the project’s lifetime. Split your projects into manageable milestones for easy progress tracking
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Turn projected savings into realised
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Easy-to-manage Itemised milestones
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Link savings to your sourcing activities, contracts & suppliers
Unlimited Currencies
Get a helicopter view of all your suppliers and their documentation statuses under one dashboard
Advanced Reporting
Choose who in your organisation can view, edit or approve suppliers and their documents
Audit & Change logs
Track every update with precise timestamps, detailing user activities for complete transparency and accountability
Unlimited Currency Management Capabilities
Seamlessly manage and track savings in unlimited currencies, ensuring precise financial reporting and global compatibility. Discover more about our comprehensive currency management features
Track Performance
No More Spreadsheet Trackers
Know whenever a saving has been edited, completed, how much it was worth and what user signed it off with historic records, automated notifications and a change log on every savings record
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Historic audit trail
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Approvals and user access rights
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Automated Notifications
Track Performance
No More Spreadsheet Trackers
Know whenever a saving has been edited, completed, how much it was worth and what user signed it off with historic records, automated notifications and a change log on every savings record
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Historic audit trail
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Approvals and user access rights
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Automated Notifications
Automated Alerts
Receive instant notifications for key events, such as milestones achieved or project delays
Store Unlimited Suppliers
Efficient and transparent review and approval of procurement savings across locations, departments and users.
Itemized Milestones
Break down savings projects into itemized milestones, making them easier to manage and track while ensuring clear progress
More Features
Savings management software features
oboloo Savings Management software includes user-friendly procurement savings tracking and forecasting dashboards that enable you and stakeholders to track and compare pipeline and realised savings. Create savings projects from scratch or from already negotiated opportunities within the oboloo procurement platform with automated notifications and approvals.
Unlimited Savings projects
Manage an unlimited number of suppliers with ease
Unlimited Document Storage
Store all your supplier documents without any limitations
Track Procurement Savings In Real Time
Track supplier performance with intuitive and easy-to-use dashboards
Savings Approvals
Measure Supplier Performance, Risk & Sustainability
User-friendly Dashboards
Efficiently request and approve supplier documents within the platform
Automated Notifications
Stay informed with automated notifications for important updates and renewals
Savings Archiving
Easily archive and retrieve supplier information as needed
Savings Audit & Change Logs
Maintain transparency with detailed audit and change logs for all supplier interactions
Viewing & Editing Permissions
Control access with customizable viewing and editing permissions
Real-Time Analysis
Gain insights with real-time analysis of supplier data
Frequently Asked Questions
Savings Management FAQ's
Everything you need to know about oboloo's savings management module.
There is no limit. No matter what subscription plan you are on you can create and store unlimited savings within oboloo
Yes. Once a member of your team has created a savings project they can request approval from another team member or Manager
Yes. oboloo Savings Management integrates to oboloo’ contract and supplier modules meaning you can create linked records instantly
By splitting your procurement savings projects into easy to milestones, you are able to track your progress and see all of your negotiated savings in real-time.
Yes, you can easily split your savings projects into easy-to-understand milestones so you can better track your progress and ensure that all negotiated savings are achieved. And with real-time visibility of all your negotiation's progress, you'll always know where you stand.
Yes, oboloo offers a variety of features that can help you make informed decisions regarding your procurement processes including real-time dashboards and being able to build customised reports
Yes, you can always view the status of all your negotiated savings in real-time.