Procurement Savings
5 min read
Reporting savings finance actually believes
The credibility gap between procurement savings and P&L impact — and how to close it.
Define savings before you claim them
Cost avoidance, cost reduction, and negotiated savings are not the same thing. Agreeing on definitions with finance up front prevents disputes later.
Tracking each initiative from identification through realization — with a clear baseline — makes the number defensible when finance asks where it shows up.