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While P2P automation technology has been around for almost two decades now, very few standard approaches, processes and/or clear best-in-class performance benchmarks have emerged. Zycus recently conducted a P2P benchmark study where-in 450+ procurement organizations participated. The study focused on the key performance indicators impacting Next Generation P2P efficiency…
The results of the Benchmarking Report paint a picture of the progress enterprise procurement organizations worldwide have made to date with:
- Creating actionable visibility around indirect spending
- Placing indirect spend categories under management
- Identifying and contracting with preferred vendors
The Report paints a comprehensive picture of the Current P2P Landscape and covers over a dozen Key Performance Indicators (KPIs) for Indirect Spending, P2P process accuracy, governance & controls, speed and cost efficiency as well as enterprise adoption, use and ratings for P2P technology solutions and a comprehensive picture of the Current P2P Landscape.
Join Richard Waugh, VP Corporate Development, Zycus Inc. as he walks you through the key findings and implications for procurement professionals from this comprehensive P2P benchmarking study.