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How can I calculate a “Business Case” for Cirtuo Guided Strategy Creation™?

While the exact amount of savings and better results highly depends on a broader set of company-specific factors, which we can neither predict nor quantify upfront, the general theme will be valid for all of them. Moving from a manual process to an AI-enabled digital one will save time and resources in the range of 50-70% mid-term. Look at your current resources engaged in strategic category management activities, and you get the impact expressed in FTEs, which can easily be translated into financial terms. The combined positive impact on results (from higher cost reductions, higher cost avoidance, better value for money, faster decision-making, fewer disruptions, etc.) stemming from implementing Cirtuo Guided Strategy Creation™ is best expressed by an incremental amount of whatever you are reporting today. Try to quantify as much as possible, best with a colleague from Finance/Controlling, and make a judgment call on the rest. Be conservative in your assumptions, keep it accurate, and make it a Procurement Team exercise – don’t allow the impact to be neglected or ignored! Apply this incremental benefit percentage to the underlying addressable spend, add the savings based on efficiency improvements and avoided costs for consulting and training, and you get your recurring annual benefit.

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