Dimension scores are derived from public data and fields; weighted into the composite. Reference only.
The Savings iD is based in Zurich and positions itself as a service that helps companies identify indirect spend savings opportunities remotely and digitally. It is not a typical feature-heavy procurement SaaS platform. Instead, it turns procurement theory, consulting practices, and years of purchasing experience into an online questionnaire. Based on responses from procurement teams or cost owners, it produces insights on category maturity, savings potential, and action plans.
Its core methodology converts more than 500 savings-opportunity levers into simple questions covering major indirect spend categories. Companies can invite category managers, strategic sourcing staff, or cost owners to complete the questionnaire and set a response window. The platform/service provider then evaluates the results and delivers reports by category via email, including maturity assessments, opportunity levers, recommended actions, and estimated savings. It also supports periodic reassessments to track improvement progress across categories or the procurement organization.
The website does not disclose packages, unit pricing, or subscription models. It only emphasizes that the service is faster, cheaper, and requires less client time than traditional consulting. On delivery, it highlights identifying savings opportunities within 48 hours, requiring no software installation, being industry-agnostic, and needing little customization. The site offers a contact option to request a sample report, but provides no free tier, trial, SLA, or clear service-scope description.
On security, the website says users log in with anonymous usernames, questionnaires are submitted in encrypted form to secure servers in Switzerland, assessment data is deleted immediately after download, and sensitive information such as spend amounts and supplier names is not collected. This makes it friendly for early-stage procurement diagnostics. However, there is no visible mention of ISO, SOC, GDPR, or other compliance certifications. Team collaboration is limited to creating questionnaire access for different stakeholders; enterprise software capabilities such as third-party integrations, APIs, role-based permissions, and workflows are not disclosed.
Its strength is a clear entry point: it is suitable for procurement leaders who want to identify indirect spend cost-reduction opportunities within a short timeframe, and the questionnaire results can also serve as input for follow-up consulting projects. The limitations are a lack of product transparency and the fact that it feels more like a digital consulting diagnostic service than a full procurement management platform. Pricing, integrations, and localization details are missing. For Chinese users, access, payment options, and Chinese-language support are unclear. If local compliance, Chinese support, or integration with domestic ERP/procurement systems is required, it may be worth evaluating local procurement digitalization, spend analytics, or consulting alternatives in parallel.
⚠ This review is compiled from public sources and does not constitute a purchase recommendation. Verify all facts on the vendor's official site. Verify on thesavingsid.com official site.
thesavingsid.com is an Unknown SaaS provider. TG4G tracks its product information, an overall rating of 5.0/10, and a China-accessibility score of Workable. Click "Visit Official Site" to reach thesavingsid.com directly.