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Administrator Guide
Last Updated: 2023-06-23
Configure Savings Trackers

Configure Savings Trackers

Create sourcing projects.
You can manage and track company spending by setting savings goals and configuring savings types.
  1. Access
    Settings > Financial Details
    .
  2. As you complete the
    Financial Details
     grids, consider:
    Option Description
    Fiscal Year
    Set your company fiscal year start date.
    Savings Goal
    Enter the amount of savings you expect during the fiscal year.
    The
    Savings Tracker
     currency matches the default currency set for the company account.
    Savings Types
    Enter trackable savings types and select recognized or unrecognized savings using the
    Recognized Savings
     check box.
    Strategic Sourcing tracks both recognized and unrecognized savings and calculates
    Recognized Savings
     towards the savings goals defined by your company.
You can determine how close your projects are to achieving savings goals.