getSayDo - ROI for Procurement users
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Details on how getSayDo enables a business to save time and money. getSayDo removes the work from the request feedback process, simplifies the provide feedback process, and makes vendor feedback result easy to share with all employees who need to know.
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getSayDo - ROI for Procurement users
- 2. 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
- 3. 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 1.5h vs. ∆=35h Upfront 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
- 4. 4 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
- 5. 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
- 6. 6 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
- 7. 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
- 8. Procurement Move 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: sales@getsaydo.com 317-800-8319