In a world focused on improving operating margins, reducing operational and brand risk, and increasing employee satisfaction, it’s important to benchmark your Business Spend Management (BSM) success. This whitepaper will help you dive into the data to help set goals for best-in-class BSM in these four critical categories:
- Process Efficiency: How efficient are your transactional processes for procurement, invoicing and expense management
- Digitization: How successful have you been in digitizing your business spend management practices?
- Compliance: How effectively are you driving compliance through business spend management?
- Savings: What is the bottom-line impact of your sourcing and procurement efforts?