SAVING TRACKER SYSTEM AND METHOD
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United States of America Patent
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Issued Date -
Jan 12, 2012
app pub date -
Sep 20, 2011
filing date -
Jul 15, 2011
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
System and method for analysis of cost saving in a procurement process are provided. The system includes a processor unit and a computer readable medium. The computer readable medium stores instructions executable by the processor unit. The instructions are programmed to perform the steps of receiving baseline cost information, receiving purchase cost information, and computing a plurality of components of cost saving. Moreover, the instructions are programmed to transfer indication of the computed components of cost saving to display device and/or financial accounting system.
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