THE 2023 COUPA LIFE SCIENCES BUSINESS SPEND MANAGEMENT (BSM) BENCHMARK REPORT
Accelerate Your Life Science Company's Performance
10 powerful KPIs to help you spend smarter, based on actual spend transactions and processing activity of nearly US$4.9 trillion of cumulative global business spend.
Download the 2023 Life Sciences Benchmark Report
Learn how life sciences companies like Evotec, BD, Karuna Therapeutics, Mirati Therapeutics, and AstraZeneca are using a BSM platform to improve:
- Spend control — How well do you use precision tools to contain costs?
- Profitability by managing spend — How easily can you find ways to boost margins
- Operational resilience — How resilient are your operations in the face of uncertainty and risk?
- Operational efficiencies — How well have you improved agility and productivity?
- ESG performance – How well do you drive positive change and comply with regulation?
Here’s a Sneak Peek
What impact can spend control make with a BSM platform?
How much invoiced spend is linked with approved POs?
First-Time Match Rate
How many invoices are matched with POs and receiving documents without exception handling?
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