overcame the bottleneck of savings - determine, inc. · 2020-06-11 · contracts throughout the...
Post on 28-Jul-2020
1 Views
Preview:
TRANSCRIPT
The Challenge Manual Process and Little Savings Visibility
Cricket Wireless used a manual process to input data and track savings using a Microsoft Excel file. Only one user could be working in the spreadsheet at any given time, but as many as fifteen procurement managers needed to access the spreadsheet. As a result, this manual process caused a major bottleneck. Other challenges included:
• Minimal savings visibility to upper management.
• Difficult and time consuming data entry.
• Hours of data analysis after all project data was entered.
The Solution Efficient Process to Analyze and Report Data
Cricket needed a more efficient process for entering, analyzing, and reporting departmental savings. By implementing Iasta Savings Tracker, Cricket eliminated bottlenecks by allowing multiple people to enter data at one time and gained valuable time by no longer tracking savings solely using Excel. Also, by using the dynamic dashboard and multiple views to analyze savings, Cricket was able to give upper management the savings visibility they desired.
The Results Uncovered Gaps and Saved Time
Previously, procurement managers at Cricket were looking at just dollars and percentages to track savings and analyze data. Now, using Iasta Savings Tracker, they can easily filter and drill down on data for more detailed views. Other benefits include:
• Ability to easily compare quarterly data without uploading to a new spreadsheet or switching views.
• No longer managing a group to enter their project data by a certain date. Data can now be entered and uploaded at any time simultaneously.
• Uncovering ten to twenty percent more gaps because the tool is easily defined and Excel was difficult to input data.
©2015 Selectica, Inc.-IASTA, Inc. All Rights Reserved.
Spotlight:
Overcame the Bottleneck of Savings
“ Before Cricket Wireless implemented Iasta Savings Tracker, I would spend hours analyzing data in a spreadsheet and constantly reminded my team to upload their updates in a timely manner. Now, I get back ninety percent of my time and only spend ten percent analyzing data.”
- Lance Le Senior Procurement Manager, Cricket Wireless
Client Spotlight:
Company Name: Cricket Wireless
Company Description: Founded in 1998, Cricket Wireless is a nationwide prepaid cell phone & plan provider. Cricket Wireless services allow you to socialize, navigate, shop, chat, and entertain on the go.
Vertical: Telecommunications
Company Size: $3B
Solutions: Savings Tracker
Success Story: Savings Tracker
Contact Us Global Headquarters 2121 S. El Camino Real, 10th Floor San Mateo, CA 94403 Phone: +1.877.712.9560
US Operations 12800 North Meridian Street, Suite 425 Carmel, IN 46032 Phone: +1.317.594.8600
European Headquarters 125 Old Broad Street, Suite 815 London, UK EC2N 1AR Phone: +44.207.220.6572
selectica.com | iasta.com
About Us Selectica, Inc. - IASTA, Inc. (NASDAQ: SLTC), is a leading provider of enterprise
contract management, supply management, and configuration solutions.
Since 1996, Selectica has helped global companies actively manage their
contracts throughout the sales, procurement, and legal life cycle. Selectica’s
contract lifecycle management, strategic sourcing, and purchasing solutions
drive business value by assisting organizations in managing contracts profitably,
effectively accelerating revenue opportunities, and minimizing risk through
compliance. Our patented technology assists customers across a myriad of
industries — including high-tech, telecommunications, manufacturing, healthcare,
and financial services — to accelerate and streamline contract management, sales
processes, spend analysis, procurement intelligence, sourcing, and supplier
lifecycle management. Selectica also provides a powerful configuration engine,
which Fortune 500 companies use to increase revenue by facilitating the right
combination of products, services, and price.
Overcame the Bottleneck of Savings
top related