What is Savings Tracking Software?

Savings tracking software systems are developed to plan, execute and track every cost-saving initiative across various projects in an organization. Savings tracking software like GEP SMARTTM helps users plan and roll out discreet savings projects as well as entire cost-reduction programs. The software defines the scope and helps establish savings targets for every strategic sourcing program. It also helps in capturing results and measuring savings performances.


Related Terms

What is S2P?What is S2P Software?What is Savings Tracking?What is Selling, General and Administrative (SG&A)?What is Send Bidding?