Do you know your true per-transaction cost? And do you know how far it could fall – with the right tools and processes in place? EGS can tell you.
EGS has developed a powerful new ROI (return on investment) tool that forms part of our Business Review process, delivered by our Professional Services team.
"The ROI tool is ideal for new EGS customers as well as for existing customers who want to understand their process costs today and understand what the same costs look like when the underlying processes are automated," says Tim Clarke, Head of Professional Services at EGS. "It delivers those highly-elusive 'before' and 'after' numbers that provide the bedrock for building compelling business cases and for making effective strategic decisions."
"Organisations may have encountered 'online procurement cost calculators' that crunch the numbers in a couple of clicks. But our ROI tool sets a new benchmark in accuracy. It’s like comparing a microscope with a magnifying glass."
With EGS, the ROI calculation focuses on the actual end-to-end business processes that vary enormously from one organisation to the next. These help to shape the ROI model, before values for the volumes of purchase orders, receipts and invoices are added.
The results clearly identify where the greatest efficiencies can be achieved throughout the procurement lifecycle, whether through radical change or swift and simple fine-tuning.
About EGS
EGS provides solutions to manage and control corporate spending by automating and streamlining the entire purchase-to-pay lifecycle. Our Spend Management solutions give you control, save you money and equip your executive team with the best information to make the right decisions. More than 40,000 users across 150 organisations in the public and commercial sectors employ EGS solutions and save millions of pounds. This year over one million transactions, worth £1 billion of corporate purchasing, will be completed using EGS.
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