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Cost Razor is a web-based solution helping organizations track, manage and report cost savings across the entire enterprise. Available as a hosted or in-house solution, Cost Razor offers an intuitive, user-friendly interface with role-based security and navigation throughout the application.
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Cost Razor delivers the broad functionality needed to manage the wide network of contributors and roles required to manage any corporate cost optimization initiative. Architected as a nimble and easy to configure solution, it provides project life-cycle management powered by a work-flow engine that incorporates resource assignment, a flexible approval process, a full audit trail and automated project updates. It facilitates financial tracking of cost savings and cost avoidances, cross functional project management, document management and provides embedded analysis and reporting tools including an Executive Cockpit.
Cost Razor replaces loosely coupled, disparate solutions that cannot share information effectively or adapt easily to the dynamic nature of a growing business and its processes. Cost Razor is scalable from the single user to the enterprise deployment with hundreds of users, and because it is completely web based, it is easily and quickly rolled-out to any domestic and international user without ever needing to install any software.
If your CEO requested the current status of all efforts to achieve your company's cost reduction and profitability objectives, could you? How long would it take to assemble a status report of all the enterprise initiatives that cross functions, divisions, and lines of business? Could you determine whether you were on track to meet the savings and profitability targets? How long would it take to compile savings realized to-date and savings still in the pipeline? Whether the right initiatives were underway? Whether the project teams were making progress against those initiatives? Where management attention or approval was required? With Cost Razor, you can answer these questions and more ON-DEMAND.
Strategy Alignment -- Align strategy from the top down
- Ensure that all of your resources are focused on the highest value corporate priorities
- Identify redundant efforts across the enterprise
- Solicit savings opportunities from your entire organization and supplier base
Executive Visibility -- Always Know Where You Stand with Real-Time Insight
- Stay informed of all critical program metrics
- Centralize all reporting from a single, consolidated and accurate source
- Identify where management attention is required
Team Effectiveness -- Empower everyone on the team with productivity tools
- Measure and reward success
- Reduce project implementation time
- Streamline gate approvals
- Leverage prior project experience
- Enforce program accountability, execution and control
In addition to a many customization features, Cost Razor is equipped with web services to easily integrated with your company’s systems. Our on-site Enterprise Edition lets you deploy Cost Razor on-site allowing further integration possibilities. Bigfoot can also customize Cost Razor to meet your company’s needs and include additional features that are important to you.