Business Case

Aberdeen Group research estimates that for a typical enterprise, print can represent as much as 3% of revenue and 15% of overall indirect purchases for companies of all sizes. In-spite of this, less than 35% of companies have any sort of print category management initiative in place. Dependent on the specific starting point, Claritum’s software has delivered demonstrable performance improvements and cost savings:
Delivers spend visibility

Claritum can help buying organisations know every penny of what they spend, who spends it and who they spend it with - in real time. Armed with this valuable intelligence, we can assist in re-engineering your spend, optimising business process efficiencies and identify the right suppliers to achieve your goals. Not only that, by implementing Claritum’s sourcing and procurement tools, savings and efficiencies are locked in and can be further enhanced over time. 

 

Reduced costs from suppliers
Claritum helps buyers reduce costs through identifying the right price from the right supplier, comparing single and multi-source options, assessing component costs, eliminating the need for multiple mark-ups and reduced supplier administration.
Purchasing leverage through contract compliance

Claritum ensures that both buyers and suppliers adhere to agreed contract terms and performance. By combining best practice procurement processes, automation and efficiencies with supply chain performance monitoring, buying organisations can reduce maverick purchasing, leverage a greater spend and optimise performance. Claritum eliminates opportunity to purchase from non-rostered suppliers, captures the cost of purchasing from ‘most convenient’, local or historical suppliers. The system has a detailed audit trail.

 

Reduces errors, obsolescence, wastage & rush charges

By implementing Claritum’s procurement tools, organisations can reduce errors, cut wasteage and obsolescence and eliminate premium charges for rush orders.

Typically 40-80% administration reduction
Claritum automates end-to-end to process, minimising administration. Typical savings of up to 80% on the RFQ process, simpler management of suppliers and transparency of information. Real time management reporting to reduce time processing reports for line managers. Claritum can reduce invoice reconciliation for accounts payable.
Improved brand compliance

By centrally producing and managing brand compliant artwork templates, users can quickly and easily produce customised and personalised print, without the need for repeated approvals.

 

Delivers real time Management Information
Claritum delivers comprehensive management information in real time to authorised users. This provides accurate tracking of supplier performance, enables analysis of print specifications, monitoring of user orders and every aspect of the financial transactions.