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3 KPIs for Digitally Transforming Your Business Spend: How Do You Measure Up?

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If CEO predictions are any indicator of what’s to come in the business world, buckle up, because we may be in for a bumpy ride. According toPwC’s annual CEO Survey,CEO的人数增加了436%,称他们预计今年全球经济增长下降。只有35%的人表示,他们对明年的收入前景“非常有信心”。

那么,什么是商业领袖?最受欢迎的答案似乎是“盈利和增长的内心。”面对经济不确定性,财务和采购高管越来越挑战,不仅揭示和提供储蓄机会,还越来越减少风险,支持创新议程,为增长创造杠杆。

3数字化KPI衡量您的采购和费用流程成熟

It’s important to set measurable goals to assess the maturity of your procurement and expenses processes.

By analyzing the largest accessible source of business spend data (the nearly $1 trillion that flows through theCoupa平台),Coupa商业支出管理(BSM)专家已确定12关键绩效指标to help you gain insight into and advance your organization’s maturity across the spectrum of BSM processes, from sourcing to procurement to payments.

Here are three of the most influential KPIs for purchasing, invoicing and expenses — and how companies with digitally mature processes are performing in these areas:

Purchasing KPI

电子PO处理的百分比:89.7%

What it is: The percentage of purchase orders processed digitally measures the success of e-procurement initiatives designed to reduce PO processing time and employee and supplier frustration.

Why it matters: A high rate of digital POs often means that procurement teams have time to focus on strategic initiatives, like lowering risk and optimizing productivity, instead of chasing lost orders.

发票KPI

发票批准周期时间:30.7小时

What it is: The average time, in hours, from the time of invoice submission to the time of final approval measures the efficiency of the entire approvals process.

为什么它很重要:短发票批准周期时间确保由于支付延误,没有不必要的项目延误。它还可以实现早期付款折扣和更少的地位查询,同时降低延迟付款处罚的风险。

费用KPI.

手动费用审计百分比:6%

What it is: The percentage of expense reports that go through human audit reflects the precision and accuracy of existing controls and compliance throughout the expenses management processes.

为什么它很重要:低百分比的手动审计意味着费用政策和自动审计正在有效地确保合规性。大量的手动审核在AP团队中占据了昂贵的行政负担。

Are you ready to see the other nine KPIs and find out how your organization measures up?

Coupa’s2019年基准报告to learn more about how focusing on improving these critical KPIs can help you improve profitability, streamline operations and achieve efficient growth.

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