Spending efficiency, from idea to awarded project

Invest 360

Decide where the next riyal goes, before it is committed.

Invest 360 is GTech’s spending efficiency solution. Months are lost between a good idea and a signed contract, and most value for money is decided in that stretch. Invest 360 runs it as one governed pipeline, from the first idea to an awarded project that opens in TMO 360 with its baseline.

Highlights

  • One pipeline from idea and demand to an awarded contract
  • Duplicate demand and overlapping contracts flagged before award
  • Every approval, evaluation and award decision logged for audit

01The challenge

Value for money is decided before the contract is signed.

New spend starts as a request in one department, a business case in another and a tender in procurement. Each step has its own forms and its own owner, nobody sees the whole pipeline, and the same need is often funded twice while an existing contract could have covered it.

By the time a project starts, the decisions that set its cost and its return have already been made, usually without a common view. Spending efficiency has to be built into the path from idea to award, not reviewed after the money is spent.

02What it does

Six stages, one governed pipeline.

  1. Idea and demand

    Needs are captured once, with an owner and a first case, so the same demand is not raised twice.

  2. Business case

    Benefits, cost and risk are tested before funding, against cost baselines the organization already trusts.

  3. Prioritize and fund

    Portfolio scoring, a value-for-money test and budget approval decide which cases go ahead.

  4. Procure

    Requirements, request for proposal, evaluation and award follow the procurement rules, with every decision recorded.

  5. Contract

    Milestones and payments are set against the value the case promised.

  6. Start

    The awarded project opens in TMO 360 with its baseline, so delivery starts from the decision that funded it.

03Why it pays

Spending efficiency, built into every decision.

  • One view of spend

    Demand, approved, tendered and awarded spend in one view, from the first idea to the signed contract.

  • Governed

    Stage gates with clear decision rights, and every approval, evaluation and award logged for audit.

  • Connected

    Kascade initiatives and Innovation Lab winners flow in, cost baselines inform each case, and the pipeline shows in ECC 360.

  • Alongside your systems

    Invest 360 governs the decisions from idea to award and connects to the procurement system you already use.

04How it starts

Assessed and designed with you, then built, operated and transferred.

  1. Assess

    Map how new spend is requested, approved and procured today, and where value is lost.

  2. Design

    Agree the stages, the decision rights and the value-for-money tests with finance and procurement.

  3. Operate

    Run the pipeline on priority portfolios, with the first awarded projects opening in TMO 360.

  4. Transfer

    Your team shadows ours, co-operates with us, then leads the pipeline on its own.

05Editions

Three editions on one pipeline.

Each edition carries the approval rules and the vocabulary of the organizations it serves.

  • Government

    For ministries, authorities and agencies, with budget cycles, value-for-money tests and government procurement rules built in.

  • Enterprise

    For groups and companies, with capital and operating budgets, investment committees and corporate procurement.

  • Giga-projects

    For multi-year programs at national scale, with many contracts, contractors and funding releases to govern.

Decide the next riyal before it is committed.

A working session maps how new spend is decided in your organization today, and shows how Invest 360 would run it.