Challenge

A Fortune 500 energy company identified potential savings within services procurement but lacked the data needed to validate pricing, negotiate effectively with suppliers, or influence sourcing decisions with confidence.

Solution

The organization implemented TDX SOW Rate Intelligence to benchmark contracts against current market data. Within two months of deployment, 50 SOWs were analyzed—providing actionable insights to support supplier negotiations and optimize sourcing strategies.

Impact

• $3.6M in savings realized in just 2 months 
• Established data-driven negotiation leverage prior to contract execution 
• Optimized sourcing strategies to align with market benchmarks 
• Enabled a scalable, repeatable approach to services procurement savings

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