As organizations look to control spending and drive profitability, creating a strategic alliance between two key back-office departments—finance and procurement—is critical. The results of a stronger partnership range from streamlined processes to decreased risk, and most importantly, the ability to respond quickly to opportunities and challenges as they arise.
One way to start building strong ties in your back office is to benchmark your own procurement and finance maturity and efficiency against that of global leaders.
Join Levvel Research, Aon CPO Michael Benvenuto, and Coupa CFO Todd Ford as we take a look at new Business Spend Management benchmarks drawn from $1+ trillion in actual business spend managed by high-performing organizations. We will also provide best practices for creating success metrics within your own back-office and aligning your own procurement and finance teams.
This webinar will explore:
- New data on the state of procurement and finance collaboration
- Procurement and finance efficiency benchmarks of high-performing organizations
- Strategies for reducing departmental silos and creating spend management visibility