Contract Management Savings Calculator

Effective contract management has emerged as a crucial function to improve profitability, support compliance and manage risk. Yet, whether using contracts for buying or selling, many companies struggle with where to begin.

Our Contract Management Savings Calculator cuts through the confusion and shows how being able to quickly locate your existing contracts or easily create and manage them translates into savings for your company. The savings estimate is based on ten years of actual results experienced by over one hundred Ariba Contract Management customers across a range of industries. Enter your company information to begin.

1. Enter Company Information

2. Enter Resources

3. Estimated Savings

Step 1: Enter your company information.

Select the industry which most closely resembles yours

Your company's annual revenue (in millions USD)
(Million)($100 - $10,000)

Step 3: Your Estimated Savings

Three Year Contract Management Savings Summary

Savings from Automation
Savings from Increased Productivity
Savings from Improved Processes

Total Three year Contract Management Savings

(See below for detailed descriptions)

The three year contract managment savings estimate is based on deploying Ariba contract managment technology. Additional savings can be expected by taking advantage of Ariba's global contract managment services, category expertise, and supplier network. To learn more about Ariba's total Contract managment solutions, please contact us.

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Your Savings Profile

These results estimate savings for companies such as yours in the industry with annual revenue and annual spending, representing the direct and indirect spend for all goods and services.

The number of FTEs involved in the Contract Managment lifecycle:
Contract managment operations, percentage of spend:
Contract managment project management, percentage of spend:
Supplier performance management, percentage of spend:

Savings from Automation

Automation savings come from utilizing paperless contract managment tools. Estimated savings of by moving from manual contract managment event execution to automated, online event negotiation, operations, and supplier interaction. Includes savings from utilizing RFx or various online auction vehicles, and pursuing both contract sourcing and spot/off-contract negotiations.

Savings from Increased Productivity

Productivity savings come from your ability to Source more spend. Estimate savings of from a reduction in resources required and cycle time per each sourcing event, and the ability to leverage resources more effectively to address spend that has not yet been sourced.

Savings from Improved Processes

Process savings come from better knowledge sharing, internal collaboration and improved supplier relationships. Estimated savings of from compliance with internal best practices such as information sharing, decision making, category-specific approaches and stakeholder participation. Additional savings originate from ease of supplier scoring and use of performance metrics to optimize supplier collaboration.

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