To meet all the client goals, Monument recommended a phased roll-out to six subsidiaries in the first year. This approach balanced the need for speed required to hit the savings targets while maximizing adoption. Phase 1 started with a US-based business unit and included a VMS overhaul, supplier onboarding, rate card evaluation and refresh, and hiring manager training. Through a heroic effort phase 1 was completed in just eight short weeks which allowed the first business unit to save 5% in year one.
Subsequent phases kicked-off simultaneously and included staggering go-live dates, again to balance maximum savings with adoption. Required integrations with the VMS included Primavera and an HRMS. Canada, several countries in Europe, and two additional US-based subsidiaries all went live within six months after the initial kickoff resulting in additional first-year savings and a consolidated program managed by Monument.