What is Savings Management?

The term “savings management” is used in international companies in supplementation to the term “Spend Management”.

We want to emphasize that management does not focus solely on procurement volumes, including pricing and quantities, but savings in the sense of Cost Avoidance and Cost Reduction as well.

SpendControl 2020
SpendControl is a complete Procurement Controlling and Spend Management solution. It provides all functions, KPIs and measures needed for professional Spend Analysis.

With its standardized ERP interfaces you can connect the spend cube of SpendControl within a short time frame to any ERP system (e.g. SAP, Navision, Oracle etc.).
Online Demo

Orpheus Blog

Read blog articles about spend management, initiative management and data management in procurement, or other articles from our experts.

The 6 Savings Types
Procurement answers for a large cost block, especially in manufacturing companies or in trade enterprises. This cost block should be managed. ...

Connect with our experts