💰 Track Procurement Savings with Confidence

Procurement isn’t just about buying—it’s about saving. Whether you’re renegotiating contracts, consolidating suppliers, or launching cost-cutting initiatives, tracking savings is essential to prove impact and guide decisions.

That’s why EvaluationsHub created a free Excel-based Cost Savings Tracker—a practical tool for procurement teams to monitor, analyze, and report savings across suppliers, categories, and time.

✅ What’s Inside the Template?

This comprehensive Excel workbook includes:

• Savings Initiatives: Track expected vs. actual savings, owners, and timelines
• Supplier Contributions: Log supplier-driven cost reductions and collaboration
• Category Breakdown: Analyze savings by procurement category
• Monthly Tracker: Monitor savings progress and variance over time
• ROI Analysis: Evaluate initiative ROI and payback periods
• Dashboard: Visual summary of total savings, top initiatives, category trends, and ROI

🎯 Who Should Use It?

Perfect for:

• Procurement managers
• Category buyers
• Finance and sourcing teams
• B2B operations and supply chain professionals

Whether you’re managing a few initiatives or dozens, this template helps you quantify impact, justify decisions, and communicate results.

🚀 Download the Free Template here

📥Cost Savings Tracker – Excel Template for Procurement Teams

If you want to discover more free spreadsheet templates from EvaluationsHub, we have compiled a small selection here:

Quality Management Template for Incoming Goods

RFP Evaluation Template – Free Excel Tool for Procurement Teams

Customer QBR Tracker – Free Excel Template for B2B Teams

The Supplier Risk Assessment Template for Manufacturing Teams

Supplier Performance Scorecard Free Excel Template

When you want to automate your template, consider EvaluationsHub for your next step.