Supplier Risk RegisterProcurement savings calculator
How much does a new price save? Enter what you paid before, the new price, how many units you buy a year and the contract term.
How it's calculated
Savings per year = (baseline price − new price) × units per year. Over the term = savings per year × years. Percentage = the price reduction ÷ the baseline price.
This is price savings against a baseline. Finance teams often report cost avoidance (a price increase you prevented) separately; keep the two apart so savings figures stay credible.
Want to see where the savings opportunities are? Run a spend analysis first.
A spreadsheet goes stale. Keep the register live.
In Qeluntra, risk is scored when a supplier arrives through source-to-pay and onboarding, so the register is a view over the live record rather than a document someone refreshes.
Keep this register live in Qeluntra, free Guide: register columns and scoring
Free plan: no card, no expiration, one company workspace.