United by the Power of Spend
20 community-powered KPIs for best-in-class performance across procurement, risk, invoicing, and payments - and new to the report in 2022, diversity metrics.
With the release of Coupa’s annual benchmark report, organisations get the chance to benchmark their own business spend metrics against a community with over $3.3T USD of cumulative global business spend through more than 2500 global customers.
Gaps in spend visibility and silos make it impossible to coordinate company-wide decisions quickly and globally. It’s going to be necessary for all of us, regardless of our industries, to implement smart, end-to-end strategies in order to have full visibility and control over all of our business spend.
If you’re going to make changes, it’s important to measure your progress. It’s equally important to have standards—benchmarks—to compare against, so you can create tangible goals, take clear action, and evaluate your progress.