Case Studies > $80m savings generated in year one

$80m savings generated in year one

Company Size
1,000+
Product
  • Rosslyn Automated Extraction Tools
  • Rosslyn Data Cleansing Apps
  • Rosslyn Third-Party Data Enrichment
Tech Stack
  • Automated Workflows
  • ERP Systems
  • Data Cleansing Tools
Implementation Scale
  • Enterprise-wide Deployment
Impact Metrics
  • Cost Savings
  • Customer Satisfaction
  • Productivity Improvements
Technology Category
  • Analytics & Modeling - Predictive Analytics
  • Application Infrastructure & Middleware - Data Exchange & Integration
  • Platform as a Service (PaaS) - Data Management Platforms
Applicable Industries
  • Professional Service
  • Software
Applicable Functions
  • Business Operation
  • Procurement
Services
  • Data Science Services
  • Software Design & Engineering Services
  • System Integration
About The Customer
The customer is a multinational support-services organization with a significant portion of its turnover, 50%, attributed to supplier expenditure. The organization operates on a large scale, with thousands of users across over fifty countries. Despite its size and reach, the procurement function faced challenges in identifying opportunities for supplier rationalization and sourcing optimization. The organization values long-term strategic gains over immediate cost savings, making it crucial to implement a solution that delivers sustainable value.
The Challenge
The procurement function of a multinational support-services organization was struggling to identify opportunities for supplier rationalization and sourcing optimization. Supplier expenditure represented 50% of its turnover, but the organization faced challenges in managing data from 30 different source systems. The client prioritized long-term value over short-term savings, making it essential to find a sustainable and efficient solution.
The Solution
Rosslyn collaborated with category leads to understand their needs and created a straightforward approach to deliver value from the client's 30 different source systems. Using a portfolio of automated extraction tools, data cleansing apps, and third-party data enrichment, Rosslyn provided the client with a cleansed data environment for the first time. The strategic-sourcing methodology was trialed on complex, high-impact projects, and was implemented via automated workflows as part of a wider group ERP project. This approach supported the creation and deployment of spend and compliance reporting tools, delivering immediate value and long-term benefits.
Operational Impact
  • The implementation of automated workflows and reporting tools provided previously unknown levels of supplier insights.
  • The solution met regulatory reporting and compliance targets, ensuring the organization remained compliant with industry standards.
  • The strategic-sourcing methodology supported the creation and deployment of spend and compliance reporting tools, enhancing the organization's procurement capabilities.
  • The collaboration with Rosslyn enabled the organization to see their data in a cleansed environment for the first time, improving data quality and usability.
  • The approach delivered immediate value by supporting the creation and deployment of spend and compliance reporting tools, which in turn facilitated better decision-making and strategic planning.
Quantitative Benefit
  • Generated $80 million in procurement savings in the first year.

Case Study missing?

Start adding your own!

Register with your work email and create a new case study profile for your business.

Add New Record

Related Case Studies.

Contact us

Let's talk!
* Required
* Required
* Required
* Invalid email address
By submitting this form, you agree that IoT ONE may contact you with insights and marketing messaging.
No thanks, I don't want to receive any marketing emails from IoT ONE.
Submit

Thank you for your message!
We will contact you soon.