When you work for a charity, every cent counts. How did the YMCA of the Greater Twin Cities go from ‘exactly 0% control over spending’ to getting 50% of spend under management in 18 months? Basware’s WeProcurement approach provides part of the answer. Read on to find out more.
The YMCA of the Greater Twin Cities has a mission: to strengthen communities through youth development, healthy living and social responsibility. As a result, they have a responsibility to use the funds they raise in the best possible way – none of which is possible without complete awareness and control of spending.
Whose Responsibility is it to Control Spend?
Any organisation with a mission shares a common belief in doing something for the greater good. However, it’s often hard to ensure that every single person in an organisation knows how much of an impact they can make when they take control over their individual spending.
The Results – Within a Mere 18 Months
When the YMCA adopted Basware’s WeProcurement™ approach, they began to promote stewardship over organisational funds in two ways. Firstly, by giving employees a system that is easy-to-use. Secondly, by telling employees how they are directly contributing towards the YMCA’s savings goals.
18 months after getting up and running with Basware’s WeProcurement™, they were not only able to demonstrate 25% savings on spend from the previous year, they also found that user adoption increased by 30% and supplier management transformed from tactical to strategic.
“With WeProcurement™, our adoption rate surged 30% and our savings increased 25% over the previous year.” – Heidi Murphy, Director of Procurement, YMCA of the Greater Twin Cities
How Does a Software Solution Achieve All This?
The answer lies in the combination of two things: great people who understand their purpose and are enabled to make change happen for the better, and great software that is easy to use and even inspires collaboration with others on cost-saving initiatives.
Download the full case study to find out more about:
But don’t stop here…
Read why Gartner named Basware a Leader in the 2018 Magic Quadrant for Procure-to-Pay (P2P) Suites and you’ll begin to see the possibilities for spend control with a full P2P software solution.