2022 Business Spend Management Benchmark Report
Get 20 Key Metrics to Help You Unite By the Power of Spend
In your role, as a leader at your company, your agenda is full of responsibilities that didn’t exist a few years ago. Operational resilience, social responsibility, and sustainability center your strategic conversations while you are still expected to deliver on long-standing departmental goals.
Read the 2022 Coupa Benchmark Report to explore 20 powerful benchmarks to help you unite your organization by the power of spend. These KPIs are based on actual spend transactions on a platform with US$3T+ of cumulative global business spend under management and address:
• Improving Operational Performance—Where can you reduce time and effort and free up resources to focus on higher-value, strategic work?
• Optimizing Spend and Cash—Are you empowered to use your financial resources more thoughtfully and strategically?
• Reducing Risk—Can you mitigate all types of third-party risk to ensure effective compliance and governance in real-time?
How To Create Business Value With an Effective Supplier DEI Program
Enterprises know that supplier DEI programs can enhance their reputation and boost their brand. But how can leaders maximize the business value of their diversity efforts?
A new paper — How To Create Business Value With an Effective Supplier DEI Program — provides a step-by-step plan for setting up an effective DEI program. Leaders will discover how to overcome challenges posed by suppliers and internal stakeholders while using their DEI strategy to impact the bottom line.
•What are some of the factors that can derail supplier DEI initiatives?
•How do you establish the metrics to gauge success?
•What is the right supplier engagement model for your enterprise?
This paper is a must-read for supply chain and procurement professionals looking to maximize their investments in supplier DEI initiatives.
Why Successful Digital Procurement Transformation Needs the Right Operating Model
Mismanaged disruptions have a cost — as much as 10% of revenue. Your organization also takes a hit in diminished reputation, increased operating costs and weakened customer loyalty. What’s the role of procurement in taming the chaos?
CPOs need to take the lead in building resilient supply chains by leveraging next-generation tools. A new GEP white paper —Why Successful Digital Procurement Transformation Needs the Right Operating Model — outlines how to determine an effective digital operating model and build it.
•Where does your organization fall on the digital operating model maturity curve?
•How will a new digital operating model impact procurement teams and roles?
•How will the evolution of control towers over the next decade affect procurement?
This paper is a must-read for procurement leaders looking to refresh their operating models to meet modern challenges.