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Increasing Spend Under Management from 60% to 95% will decrease overall operating expense by 4%.Four51

- Source:  Triple Tree

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Business-Case Calculator

Enter your company's information in the yellow sections.

Internal Cost to Process Indirect Orders    
Company Name
Revenue in $millions
Indirect Orders Average from 7% - 40% of Revenue
Transactions Average from $100 - $1000 Each
Time Spent Per Order on Admin Avg 30-118 Minutes each
 
Annual Hours Spent to Process Indirect Orders
 
Average Hourly Cost for Employee Time - $25 - $50
 
Total Annual Administrative Cost
 
Total Monthly Administrative Cost
 
Key - Fill In the Yellow Boxes with Your Information
 

As you can see, the business case is typically very compelling. Many companies are rightly focused on reducing product cost, but you shouldn't stop there. Slashing the administrative costs associated with ordering, receiving, holding, distributing and paying for indirect goods can yield far greater savings. The Four51 advantage is based on:
    • Empowered employees
    • Systematic compliance
    • Process transparency

     

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