Cost Savings Identification

Uncover savings potential with your suppliers.

Don't overlook obvious savings opportunities.

Procurement is typically an overlooked, but powerful way to drive cost savings. Harness the power of spend transparency to identify tangible savings for your organization. Dive deep into your data to unveil hidden opportunities.

Why Ignite?

Benefits of choosing Ignite for identifying cost savings

Full control of your spend

Gain an end-to-end view of your spending and uncover insights that can directly lead to impactful savings.

Rapid opportunity assessment

Dive into ready-to-use insights built based on years' of experience with savings realization. Immediately identify areas for potential savings, without the exhaustive analysis.

Data-driven savings identification

Transform your raw data into actionable insights for better savings decisions. Identify where your money goes, and pinpoint areas for renegotiation.

Unique supplier insights

Arm yourself with the necessary data to negotitate effectively with your suppliers. Combine supplier financials with your own data for unique supplier insights.

Key features

Create a spend baseline
Our no-code data mangement platform enables you the create a baseline of your spend data. Add any type of data, harmonize and merge data sources, and address any data issues effortlessly in our tool.
Categorize your spend
Easily categorize your spend to decide what can be addressed and not. Establish a category tree to get a clear view of spend per category.
Get the right insights
Analyze your spend to identify opportunities for bundling, renegotiation, or cash flow optimization with our extensive dashboard library — built based on years of experience working with savings realization.
Data-driven negotiations
Prepare for supplier negotiations using data. Look at historical trends, share of wallet, supplier profitability, and more to arm yourself to negotiate successfully.

Hear what our customers say about us

Ruth Silje Nedrebø
Purchasing Manager, Norled

“To work strategically with procurement a precondition is to gain control over suppliers and spend.”

Kyrre Hansen
Financial Director, Bama

"Ignite fits perfectly with the need for live information in our indirect procurement processes for cost savings."

Customer success story

Unlocking potentials by empowering procurement

Solving contract and category complexity with the right procurement chemistry.

Because of recent company growth, Norled increased their focus on procurement and how they could work strategically to reduce indirect costs across the organization.  

To makes this happen, Norled partnered with Ignite and KPMG to manage both suppliers and contracts in one place. They were also able to put a category structure and strategy in place.  

See how Norled partnered with Ignite and KPMG to address their challenges.  

Read their story >

Procurement is an incredibly powerful lever for cost savings in any business.
Don't overlook your obvious savings potential.

Learn more about Cost Savings Identification

How to succeed with savings realization

How procurement professionals can succeed with cost savings

The procurement department has a unique opportunity to influence both top-line growth and bottom line results in the company. Here are 5 steps to identify and prioritize cost-saving measures that increase the likelihood of success.

6 practical tips for a successful renegotiation process

Use this guide to get practical tips on how to ensure a successful renegotiation process.

Ready to move away from spreadsheets and work with your suppliers in a responsible way?

Our goal is to empower responsible decision-making by giving you the insights and tools you need to unlock the potential of your supply chain.


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