Unlock high-impact metrics
Download the Procurement Metrics That Matter Report
Discover the untapped metrics the highest performing procurement leaders rely on to make the smartest decisions.
What You Will Learn:
- Eleven procurement metrics to track that enable high performance
- Why these metrics are so important
- How you can effectively use the data they show
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Unlock high-impact metrics
Download the Procurement Metrics That Matter Report
Discover the untapped metrics the highest performing procurement leaders rely on to make the smartest decisions.
What You Will Learn:
- Eleven procurement metrics to track that enable high performance
- Why these metrics are so important
- How you can effectively use the data they show
Trusted by Finance and Procurement Leaders
Awarded by G2
Approval Times
Certain departments or individuals may keep delaying purchases with slow approvals
By uncovering department-specific approval times, procurement teams can:
- Leverage the data to make stakeholders prioritize procurement requests better
- Identify issues across the stakeholder approval process
- Improve stakeholder buy-in
Stakeholders may be being asked too late, too early and without the right information. Fix these issues and approval speed, plus internal procurement reputation, increases.
Team Value vs Cost
Highlights procurement as a value-driver, and serves as the ‘North Star’ for departmental improvement
Modern procurement teams use their ROI metrics to justify:
- Further investment in the department (spend management software, procurement orchestration tools, and RFP automation).
- Supporting talent development
- Investigating process and workflows inefficiencies
They can also set data-driven goals such as reducing turnaround times or improving supplier relationships.
Unlock the Procurement Metrics That Matter Report
Discover the untapped metrics the highest performing procurement leaders use to make the smartest decisions that drive value