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THE 2023 COUPA BUSINESS SPEND MANAGEMENT (BSM) BENCHMARK REPORT

Accelerate Performance. Unlock Purpose.

13 community-powered KPIs for fast growth companies across procurement, invoicing, expenses, and payments

Download the 2023 Benchmark Report

What’s Inside

Access the report to discover:

  • Insight into critical KPIs to reduce burn rate and increase team productivity.
  • A data-driven perspective on where your company stands relative to the global community and how to improve.
  • A view of how the world’s best-run fast growth companies deliver profitability, performance, and purpose.
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This report is based on data anonymized and aggregated across more than 3,000 companies and $4 trillion in global cumulative spend.

Covering 13 community-powered KPIs across procurement, invoicing, expenses, and payments, our Business Spend Management Benchmark Report outlines why each KPI matters and how finance leaders can:

INCREASE PROFITABILITY
INCREASE PROFITABILITY
DRIVE EFFICIENCY
DRIVE EFFICIENCY
MANAGE COMPLIANCE & RISK
MANAGE COMPLIANCE & RISK
WORK TOWARD ESG GOALS
WORK TOWARD ESG GOALS

Here’s a Sneak Peek

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6.6%

Overall Savings

What impact can spend control make with a BSM platform?

6.6% Overall Savings

Improve margins through savings more than the typical 2% to 3% yield for traditional spend management approaches by applying BSM practices

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95.0%

Pre-Approved Spend

How much invoiced spend is linked with approved POs?

95.0% Pre-Approved Spend

Avoid fraud, blown budgets, and spend with risky suppliers by improving control over spend

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96.9%

Invoices Paid Digitally

How many e-invoices processed through Coupa are tied to digital payments?

96.9% Invoices Paid Digitally

Better manage cash by using greater visibility into invoices to optimize payment timing

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96.5%

First-Time Match Rate

How many invoices are matched with POs and receiving documents without exception handling?

96.5% First-Time Match Rate

Increase agility and productivity by bringing procurement and invoicing onto a single platform

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How Does Your Business Stack Up?

Understand how well the company is doing right now as a first step toward smarter ways of improving margins, doing more with less, and developing ESG commitments.

Get the Report Now