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getSayDo - ROI for Procurement users

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Page 1: getSayDo - ROI for Procurement users

ROIfor procurement

1

Page 2: getSayDo - ROI for Procurement users

2

getSayDo makes vendor feedback easy to share.

The service helps employees make fewer assumptions

about their customers – by putting vendor feedback

in the palm of their hands.

shared vendor feedback

Page 3: getSayDo - ROI for Procurement users

3

Total time needed to review vendors.

Request Vendor

Feedback

11h

Provide Vendor Feedback

>1m

Employees View

Selective Results

25.5h

Classic Approach

Employees &

Vendors View

Shared Results

30m

Provide

Vendor Feedback

1m

Request Vendor

Feedback

1h

36.5h

1.5hvs.

∆=35hUpfront Savings

35h savings

x $75k salary/hr. ($39/h)

= $1,365 /vendor mgr.

Ongoing Savings / Review

25h savings

x $75k salary/hr. ($39/h)

= $975 /vendor mgr.ROI Overview

Page 4: getSayDo - ROI for Procurement users

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If a corporation has:

» 10 vendor managers

» who each manage 10 vendors

» making 3 requests/vendor/yr

They will realize:

» ~$1k time savings/request

» total savings = $300k

» getSayDo ROI = 20x

Estimated Savings Calculation

Calculation

10 x 10 x 3 x $1k = $300k savings / $15k cost = 20x ROI

Page 5: getSayDo - ROI for Procurement users

5

Time Breakout: Request Vendor Feedback.

TIME

11h

TIME

1h

Determine topics

that need answers.

Write questions

that will get

answers.

Build a

survey.

Write survey

invitations.

Upload

contacts.

Send manual

requests.

Classic Approach

3h 3h 2h 2h 30m 30m

Upload

contacts.

Set automated

requests.

ROI Overview

Page 6: getSayDo - ROI for Procurement users

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Time Breakout: Provide Vendor Feedback

Click on

an email.Read each

question.

Select a

number

for each

question.

Type

open-end

responses.

Load multiple

web pages to

complete.

Classic Approach

Click submit on

same page.

TIME

>1m

TIME

1m

Read a

welcome

screen.

Click on

an email.

Move a dial

for each

dimension.

ROI Overview

Page 7: getSayDo - ROI for Procurement users

7

Time Breakout: View Vendor Feedback

Compile &

organize data.

Analyze

data.

Choose

insights.

Create a

report.

Share report with

employees.

Employees

digest results.

Classic Approach

2h 10h 5h 7h 1

h

30m

Employees and/or

customers digest

aggregated results in

real-time.

TIME

25.5h

TIME

30m

ROI Overview

Page 8: getSayDo - ROI for Procurement users

ProcurementMove from convenient to

right-fit vendors.

» AUTOMATE

vendor feedback process.

» BENCHMARK

vendor performance.

» Maintain vendor

LEVERAGE.

SAVE $300K @ 20x ROI

FTE savings vs. manual processes

Contact: [email protected] 317-800-8319