Measure Effectiveness and Be Sure Things Get Done When and How They Should
Building your sourcing environment with the right technology, support, and expertise is a critical step toward accomplishing your objectives, but you can’t stop there. You need to build and track your savings pipeline to make sure your strategic sourcing milestones are being achieved. And, that your solutions and processes are being adopted across your organization.
With Ariba Savings Pipeline and Tracking, you’ll get the tools and support you need to…
- Create your pipeline of sourcing activities and milestones
- Assign resources to execute them
- Measure your team’s effectiveness
- Monitor sourcing initiatives from start to finish
- Establish secure system controls and approvals
- Rid yourself of manual processing errors
Easy-to-Use Tools for Strengthening Your Strategic Sourcing Program
You can track estimated, negotiated, implemented, and actual spend and savings for each savings initiative.
Secure Version Control
Your savings initiatives documentation is stored in a single area and you can control it with versioning, locking, and check in/out functionality.
In addition to showing tracking toward your savings goals, tools issue warnings when there’s a risk of not meeting them.
Analyze by month, region, department, or supplier. Add special fields to capture attributes like minority-owned business.
Efficient Approval Workflow
You can set document reviews and approvals at the individual document level, or the overall phase level.
Capture transaction and history information about each savings initiative to create templates and make future projects easier.
To learn more about Ariba Savings Pipeline and Tracking and strengthening your strategic sourcing program, download the datasheet.