JAGGAER Savings Management

Track and demonstrate the full value of Procurement

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Procurement for Financial Services - Man Staking Quarters with Little Trees on Them

Get a comprehensive overview of your savings and value-creation pipeline

 

Procurement has undergone a transformation over recent years, evolving to focus on more holistic, value-generation in addition to bottom-line cost management.  Successful procurement functions support business stakeholders in achieving their top-line objectives through supplier innovation and category management.

To perform this role effectively, procurement teams must change the way they operate and measure performance – building credibility amongst stakeholders and becoming trusted business advisors. This increases the capacity to influence and drive greater value outcomes.

Traditional cost reduction objectives remain important, but today there is a need to align and build credibility with finance to deliver the results demanded by the business.

 

Why JAGGAER for Savings Management

 

Key Features

Manage the pipeline of savings and value-creation initiatives. Allocate savings across multiple business dimensions and over time. Configurable process, data capture, and approval steps.
Compare approved forecast vs. actual validated savings. Robust governance with configurable approval and validation workflows. Deep insights into pipeline delivery with comprehensive analytics.

Effortlessly build, monitor, and oversee your savings and value creation pipeline, fostering real-time collaboration among team members and stakeholders.

Create savings initiatives by outlining their scope, baseline, planned savings, and impact timelines. Associate savings and value to projects, strategies, and sourcing activities and easily track them as you negotiate and realize savings through the year.

Key Benefits to Stakeholders

JLL's procurement digital transformation
Our customers are looking for a clear value-add and technology plays a fundamental role, first in creating value for them, and then demonstrating that we are delivering value. Without the right technology, this is less visible.
David McBride Transformation & Strategy Director, JLL
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Customers powered by JAGGAER

 

Focusing on strategic supplier relationships leads to increased supply chain value. Speak to an expert to learn how you can modernize your approach to your suppliers.

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