WHAT ARE COMMUNITY-POWERED BENCHMARKS?
Traditional procurement and finance benchmarks are based on survey data and tell an incomplete story. Coupa’s Business Spend Management Benchmark Report takes a unique approach in being the industry’s only collection of benchmarks based on real business spend transactions, aggregated across a community of thousands of organizations.
This year’s Benchmark Report will use community data to guide you through comprehensive BSM transformation and help you:
OPTIMIZE SPEND AND CASH
IMPROVE OPERATIONAL PERFORMANCE
REDUCE RISK
HERE'S A SNEAK PEEK:
IMPROVING OPERATIONAL PERFORMANCE
Do routine tasks prevent you from focusing on higher-value, strategic work?
Electronic PO Processing
How top performers rank:
99.2%
of orders processed electronically
WHY IT MATTERS:
Digitizing purchase orders drastically reduces low-value, manual work while accelerating the process to manage POs, PO confirmations, and PO changes.
Electronic Invoice Processing
How top performers rank:
83.2%
of invoices processed electronically
WHY IT MATTERS:
Invoices that are electronically processed have automated controls to ensure that they are three-way-matched against POs and receipts.
Download the report and discover the full suite of 16 KPIs from across the entire BSM process
WHAT'S INSIDE:
- Find out how you measure up across 16 of todays most critical BSM KPIs
- Understand the real business value of each part of the BSM process
- Discover tips to improve your performance for each KPI
- Learn how a comprehensive BSM strategy can help you be better prepared for future uncertainty