How Benchmarking Helps the CFO Optimize Spend Management


A webinar with CFO.com

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Senior finance executives often have a gut feeling about whether the spend-management efforts at their companies are optimized, but there’s no substitute for hard numbers when it comes to ensuring operational excellence.

This webinar replay gathers a group of finance and technology experts to discuss (1) why benchmarking is used by forward-looking finance chiefs to optimize spend-management efforts and (2) what critical key performance indicators should be used to benchmark and improve performance in four key areas
  • Savings (bottom-line impact that sourcing and procurement efforts deliver)
  • Efficiency (strength of processes across procurement, invoicing, and expense management)
  • Digitization (success in digitizing business relationships with suppliers)
  • Compliance (effectiveness in driving compliance through spend management)

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