Track savings initiatives

Turn ideas into defensible savings initiatives.

Track ownership, assumptions, progress and outcomes in one place, so savings do not fall apart when finance asks questions.

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Reduce packaging costs BW Idea Projected Milestones Validated Realised PROJECTED VALUE $13,600 1Switch to recycled cardboard$6,000 2Bulk order pallets$4,600 3Renegotiate freight rates$3,000 Realised this quarter$13,600
The oboloo way

Savings initiatives that survive scrutiny.

The difference between a list of ideas and savings finance can stand behind.

#REF!suppliers_v7_FINAL.xlsx#N/A
Manual and full of gaps
Spreadsheets
  • A list of “ideas” with no owner, no assumptions and no accountability, chased along with “just checking in” messages.
  • One big number with no explanation of how it will be delivered.
  • Initiatives quietly edited, reworded or dropped when challenged.
  • Progress tracked in meetings, not in data.
  • Finance trusts the person presenting, not the numbers themselves.
Free forever plan available
The oboloo way.
  • Every savings initiative captured with a clear owner, rationale and scope.
  • Assumptions, targets, timelines and evidence tracked from day one.
  • Initiatives move through defined stages: idea, validated, in progress, realised.
  • Changes are visible, logged and explainable, with no silent rewrites.
  • Finance sees how savings will land, not just what you hope they will be.

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How it works

From savings idea to finance-ready initiative.

Stop defending numbers after the fact. oboloo makes savings initiatives stand up before they ever reach finance.

1

Capture new savings ideas properly

Record what is changing, where the saving comes from and why it exists, before any numbers are reported.

New savings initiative Draft NAME Reduce packaging costs PROJECTED SAVINGS $13,600 Create milestones Q1 2026$3,400Due 31 Mar Q2 2026$3,400Due 30 Jun Q3 2026$3,400Due 30 Sep Q4 2026$3,400Due 31 Dec
2

Set ownership and responsibility

Every savings initiative has a clear owner accountable for progress, updates and outcomes.

OWNERS BW Ben W 2 initiatives LC Lucy C 4 initiatives MILESTONES Milestone 2 Update due this week
3

Track progress against projected and realised

Savings start as projected and only become realised when delivery is confirmed. No early credit or assumption.

Savings this year 76% realised PROJECTED $250,000 REALISED $190,000
4

Make savings reportable and defensible

Savings are always in a state finance can understand, review and stand behind, without rebuilding spreadsheets or explanations.

Savings tracker BW LC JM Realised Projected
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Free-forever. Upgrade only when you need to.

No limits, credit cards or expiry dates. Your new platform, free, forever. Includes a 14-day free trial of all Plus plans.

Free-forever plan
Everything you need to get started. No limits, no expiry.
$0/month
  • Unlimited savings activities
  • Supplier management
  • Contract management
  • eSourcing (RFX creation)
  • Much more
Get started. It’s free
Savings Plus
Savings Plus plan
Advanced savings tracking when you need deeper control.
$20/month
  • Everything included in the free-forever plan
  • Unlimited savings milestones
  • Savings document attachments
  • Savings approvals
  • Custom fields and tabs
Try Savings Plus for free
More features

Savings initiatives features.

Savings initiatives built for transparency and control.

Capture savings at source

Turn ideas into structured savings initiatives, not loose assumptions.

Baseline before you claim

Set the baseline, scope and assumptions first, so the saving has something to be measured against.

Separate projected from real

Track savings as projected until delivery actually happens.

Break initiatives into milestones

Phase savings monthly, quarterly or by delivery stage.

Realise savings deliberately

Move savings to realised only when milestones are completed.

Track changes without losing trust

Update projections while keeping a clear history of what changed.

Roll up savings automatically

Initiatives, milestones and totals stay aligned without spreadsheets.

Report savings that stand up

Show projected, pipeline and realised savings without explanations.

Savings in any currency

Log savings in any currency and oboloo converts them into your base currency for consolidated reporting.

Quick answers

Savings initiatives FAQs.

A savings initiative is a structured record used to capture, manage and track a savings opportunity from idea through to delivery. It holds the rationale, ownership, assumptions and expected value behind a saving.
Yes. Initiatives can be created and managed while savings are still projected. This allows teams to track progress, refine assumptions and maintain visibility before savings are realised.
Instead of tracking savings in disconnected spreadsheets, initiatives are managed in one system with consistent structure, ownership and visibility. This removes version control issues and manual reconciliation.
Initiatives can be updated as circumstances change, while keeping the original intent visible. This helps teams explain what changed and why without rewriting history.
A savings initiative represents the overall opportunity or project. Milestones are used later to phase delivery of that initiative over time. Initiatives define what the saving is, and milestones track how and when it is delivered.
Each initiative has a named owner responsible for keeping it up to date. This ensures accountability and prevents savings from becoming orphaned or unclear over time.
Yes. Savings initiatives can be linked to sourcing activities, suppliers or contracts, providing context on where the saving originates and how it is being delivered.
Savings initiatives keep the logic, ownership and status of savings visible at all times. This makes it easier for finance to review, challenge and understand savings without additional explanation or rework.
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