Cost Savings

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Cost Savings 2016-12-14T20:59:35-06:00

Amplify Profits with Integrated Cost Savings Initiatives and Innovation Portfolios

Make agile, informed decisions that produce increased profits with an enterprise-wide, holistic view of resource demands for integrated cost-savings, innovation, new product development and technology development initiatives.

Maximize Cost Savings

Sopheon customers are realizing significant gains by directing their cost-savings programs with Accolade software:

  • A multi-national food company banked $280 million in supply chain costs.
  • A global beverage producer improved operating practices and organizational structure and expects to create a whopping $1.5 billion in incremental savings.
  • A major manufacturer saw after-tax income from its stock skyrocket by nearly 50% per share in one year.

These Accolade users were able to provide a clear understanding of the corporate cost-savings strategies and portfolio performance to their relevant internal and external stakeholders, increasing corporate transparency and buy-in.

Secure Valuable Resources

Gain vital assets like these by integrating cost-reduction initiatives, innovation management, and resource planning:

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A robust, prioritized pipeline of cost-savings initiatives to help you meet target savings.
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When integrated with financial systems, improved tracking of actual savings and latest forecasts enable agile and informed decisions.
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A holistic, integrated view of cost-savings and innovation portfolios across your enterprise drive optimal resource allocation.
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A knowledge base of lessons learned can highlight best-practices and guide future efforts.

Learn more about the advantages of driving cost-reduction programs with Accolade.