Healthcare Summary:

The 2022 Business Spend Management Benchmark Report


11 Community-Powered KPIs for Best-in-Class Performance Across Procurement, Risk, Invoicing, Expenses, and Payments


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Read the 2022 Healthcare Business Spend Management (BSM) Benchmark Report with 11 powerful KPIs to help you spend smarter, based on actual spend transactions and processing activity of US$3.3T of cumulative global business spend. You’ll learn why healthcare organizations like CareFirst, Children's Hospital of Philidelphia, Altima Dental, Molinia Healthcare, American Red Cross, Axia Women's Hospital, and others are concentrated on optimizing four key areas:

  1. Process Efficiency -- How efficient are your transactional BSM processes?
  2. Digitization -- How successful have you been in digitizing your BSM processes?
  3. Risk Management -- How effectively are you driving compliance and mitigating third-party risk?
  4. Spend Optimization -- How are you optimizing your spending to get the best rates and savings opportunities?

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How It Works

PROCUREMENT

Drive employee adoption and cost savings.
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INVOICING

Eliminate paper, increase efficiency and ensure compliance.
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EXPENSES

Visibility and compliance through automation. Employees love using it!
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