Government organization improves vendor reporting by 115%

A commissioned study conducted by Forrester

A June 2017 Total Economic Impact™ (TEI) study conducted by Forrester Consulting on behalf of Galvanize uncovers the potential ROI of HighBond for a government administration department.

To better understand how the HighBond platform has impacted a real customer, Galvanize commissioned a third-party research company to conduct a study to measure the benefits, costs, and tangible value of the HighBond platform. Forrester Consulting found that a US government administration department realized a number of financial and efficiency gains using the HighBond platform.

Key findings:

  • An ROI of 702% (over three years).
  • Improved HR compliance management.
  • Recovery of $2.9 million in vendor overpayments.
  • More procurement audits completed each year.
  • Improvement of 115% in vendor-on-time reporting.

View the infographic for this study.

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