Savings

Savings sits under Optimization in the product's sidebar. It is a queue of savings findings: each one names cost that can be removed, the evidence behind it, and who owns it. People in your organization author the findings; Costfluent does not detect them automatically.

Before you start

• Any team role can view the queue. Authoring, editing, accepting, implementing, declining and retiring a finding need the team role Owner or Editor with edit access to the workspace.
• The queue is available on every plan.

Author a finding

1. Open Savings and select Author finding.
2. Fill in Finding, Evidence, Estimated monthly saving with its Currency, and Owner.
3. Rate Confidence, Risk and Effort as Low, Medium or High.
4. Select Author finding. The finding starts as Open.

Evidence is required: an estimated saving nobody can check is not a finding.

Move a finding through its states

• Accept an open finding when you decide to act on it.
• Mark implemented an accepted finding once the change is made.
• Decline an open or accepted finding, with a required Reason. The reason stays visible under the finding.
• Edit a finding while it is still open.
• Retire a finding in any state to remove it from the queue.

A step that is not allowed from the finding's current status is refused with "That step is not allowed from the finding's current status".

Read the queue

• All statuses filters the queue to Open, Accepted, Implemented, Verified or Rejected.
• The totals, one card per currency, show the Open, Accepted and Implemented amounts, Verified (measured), and the number of Findings.
• Measured saving shows Not measured until a measurement exists.

How it behaves

• An estimate is never reported as a saving. A finding reaches Verified only through a measurement of the cost before and after the change; the product has no action that sets it.
• Declined and verified findings are final.
• Retiring hides a finding from the queue; it does not change any cost figure.

Related

• Insights
• Explore cost data