Read the 2022 Manufacturing 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 manufacturers such as Caterpillar, Lear, Lululemon, American Tire Distributors, Steelcase, Ball Corp, and others are concentrated on optimizing four key areas:
- Process Efficiency -- How efficient are your transactional BSM processes?
- Digitization -- How successful have you been in digitizing your BSM processes?
- Risk Management -- How effectively are you driving compliance and mitigating third-party risk?
- Spend Optimization -- How are you optimizing your spending to get the best rates and savings opportunities?