Cost savings
Identify cost-saving opportunities with AI.
Use AI and connected data to cut costs, reduce financial risk, and achieve savings faster. Ignite gives you visibility into where you can save, with the tools to act.
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Trusted by hundreds of procurement teams
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Ignite capabilities
Turn insights into savings you can use
Leverage connected intelligence and AI to find opportunities, from renegotiation leverage to better payment terms, so you know exactly where to focus for the biggest impact.
Spot savings with AI
Ignite automatically evaluates suppliers on factors such as spend growth and profitability. By combining AI with industry expertise, you’ll see your negotiation position clearly, understand your most valuable savings opportunities, and know their potential impact so you can act quickly.
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Get actionable negotiation strategies
Arm yourself with an action plan. For every savings opportunity, get tailored recommendations — from suggesting alternative suppliers to highlighting negotiation leverage — to help increase your margins.
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Unlock savings instantly with Ignite Agreements
Not all savings require long negotiations. With Ignite Agreements, you can access pre-negotiated supplier deals at no extra cost. Cut costs in indirect categories quickly, freeing up time to focus on the strategic spend that matters most.
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Track and measure your impact
Save opportunities as measurable initiatives. Assign owners, track progress, and keep a clear activity log for accountability and transparency. Compare estimated versus actual savings to demonstrate impact across the business.
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Improve working capital with better payment terms
Get visibility into payment terms across regions and categories. Identify suppliers where terms can be optimized to boost working capital.
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Hear from our customers
See how Ignite helps companies achieve their goals
"As a conglomerate with thousands of suppliers and ESG criteria in our purview, we needed a solution to collect and analyze our data to identify which suppliers stood out.
Ignite gave us the capability to easily collect analyze data from all of our suppliers to quickly identify which ones meet our criteria."
Ignite gave us the capability to easily collect analyze data from all of our suppliers to quickly identify which ones meet our criteria."
"We chose Ignite because the platform provides us with a great overview and rich analytics capabilities, as well as having all data collected in one place - which is the best starting point for actionable analyses and covering all emission categories."
"We chose Ignite to help us efficiently collect data and get an understanding of where we stand with our emissions. We need to know our material impacts to build decarbonization plans and set science-based targets."
“Ignite stops the drudgery of maintaining and updating complex data sets. It lets us focus on what we do best - discovering areas for improvement, defining strategies and making data driven decisions. Ignite has helped us meet our compliance obligations, emission-reduction goals, and has dramatically boosted our productivity.”
Customer success story
How Stena Metall gained full control of spend with Ignite
Discover how Stena Metall used Ignite to gain full control over spend, improve contract compliance, and drive strategic decision-making across the organization.
Stena Metall
Founded in 1939, Stena Metall grew from a local scrap dealer in Gothenburg, Sweden, into a global leader in the circular economy.
With operations in 9 countries, over 4,300 employees, and a wide range of offerings that span resource management, recycling, steel production, and more, managing procurement on such a large scale brought several challenges.
The company relied on a static database for managing spend. This made it difficult to dive deep into their data and connect it with other key areas, like contracts, supplier assessments, and financial information.
Learn how Stena Metall brought their data together to make it easier to manage and act on with Ignite.
Read their story
"We no longer have to sift through static reports. Ignite dynamically displays updated spend data tailored to each situation. Whether we’re preparing for a supplier evaluation or managing a category, Ignite helps us find and display the data in a way that drives better results.”
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