Delivering in-year savings is vital to ensure organisations meet their profitability targets against budgets.
However, unforseen circumstances can often leave businesses over-budget halfway through the year and needing to claw it back. Achieving these savings within the financial year requires a pragmatic short-term approach and rules out many of the techniques that can be adopted when there is a longer time frame.
If you are merely focussing on tactical supplier negotiations to derive in-year benefits, you may not really achieve the expected in-year savings. You will have to tap into a wider range of benefit levers for a higher savings yield – especially in today’s uncertain business climate.
We offer a practical, fast-track approach that can help you get there.
Download our ‘In-year Savings Delivery Guide’ to learn about:
- Different approaches/tools available to make savings stick in-year
- Key challenges to overcome along the way
- Using a checklist to accelerate in-year savings