Client Savings Premium (PI1748)

Ratio of the price savings obtained by the client from purchasing a product/service from the organization compared to the average price that would be otherwise paid for a similar product/service in the local market.

Calculation:
  • Reporting Format Decimal
  • Metric Type Metric
  • Metric Level Product/Service, Organization
  • IRIS Metric Citation IRIS, 2020. Client Savings Premium (PI1748). v5.1.
Footnote

Organizations should footnote all assumptions used, including how the similar, local product/service and price were selected.