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"a significant cost saving" is a grammatically correct and commonly used phrase in written English.
It can be used in a variety of contexts, but it typically refers to a substantial reduction in expenses or expenditures. Example: Implementing energy-efficient measures in our building resulted in a significant cost saving for the company's utility bills.
Exact(14)
There's also an option in some locations to rent desk or office space by the hour, which could offer a significant cost saving.
The use of QDP alone results in a significant cost saving in regions where SF and FA have to be imported from other countries.
In Portugal, decriminalisation of possession of all drugs since 2001 has unblocked a hopelessly overcrowded court and prison system, and evaluations of this approach have shown a broadly positive impact on recidivism and social reintegration and a significant cost saving to the government.
Finally, we studied the impact of reducing the size of the primary mirror for the prototype telescope and found that this comes at the cost of poorer image quality and light collection efficiency for all field angles, but at a significant cost saving for a one-off prototype.
This is 40% of EU regulated rates, so it really is a significant cost saving.
All of these features are available at a significant cost saving over a traditional telephony and hardware-based PBX setup.
Similar(46)
The continuous, wireless monitoring of important clinical variables and device functions, and immediate therapeutic responses, might improve the patient's prognosis and quality of life (QOL) and, by lowering the rates of hospitalizations, might represent a significant costs saving for the healthcare system.
Now, biological treatment is being increasingly adopted as it seems to offer an alternative with the potential for significant cost saving.
Lowering the use of acute care services is the most beneficial and significant cost saving expected as a result of positive outcomes from the proposed interventions in this study.
It is shown that use of the presented model results in significant cost saving.
Low cost air compressors can be adopted for compression of helium and special gases, leading to significant cost saving.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com