SAP Ariba Benchmarking Report

Procurement Benchmark Survey InsightsKey metrics and bestpractices to improvesource-to-pay performance 下載檔案

ProcurementBenchmarkSurvey InsightsKey metrics and bestpractices to improvesource-to-pay performance
1. Benchmark data is obtained on a rolling basis through surveys available in the SAP Ariba Benchmark Program.2. Quartiles are grouped as follows: Top 25% of participants, average 50% of participants, and bottom 25% of participants.As the old saying goes: “Don’t look back—somethingmight be gaining on you.” The truth is, plenty ofcompanies could be threatening your marketposition, but without accurate data to tell you thereal story, you might not know until it’s too late.So what’s the best way to evaluate where you stand,and what steps you should take to get ahead?Benchmarking. And while tracking progress againstyour own internal goals is important, knowing howyou’re performing compared to competitors is evenmore crucial in today’s volatile economy.SAP makes this easier by regularly gathering andanalyzing extensive benchmark data from hundredsof leading companies worldwide, then providingaccess to the information in a series of reports.1Whether you need to build a business caseto support investment in procurement digitaltransformation, assess outcomes from yoursource-to-pay solutions compared to othercompanies, or identify KPIs to improve yoursource-to-pay function, the facts presented inthese pages can help.Based on benchmark surveys conducted over thepast two years, our report covers the key metricsin procurement processes across the source-to-pay cycle. Results are presented as top, average,and bottom quartiles to indicate the degree ofparticipant success.2 We also list best practicesthat elevate companies from an average level ofperformance or savings to best in class, offeringinsight into effective strategies you can use inyour organization.Benchmark your wayto better business success2 | 16
The SAP advantageNo matter where you are on your spendmanagement journey, SAP procurementsolutions enable you to transform resultsacross source-to-pay processes, includingselecting goods and services, enforcingcompliance, receiving and reconcilingorders, and managing invoicing and payment.Through SAP Business Network, you candrive closer, more productive collaborationwith suppliers while maximizing supplychain visibility. And if you’re trying to createa business case to support investment innew solutions, please reach out to us—wecan assist you by sharing extensive data andexperience that make it easier to manage thecomplexity and challenges involved.Building a digital advantageThis year’s analysis highlights several trends that haverepeated across multiple survey periods: Companies continue to prioritize sourcing savingsand cost reduction. Digital transformation is driving an energized focuson operational efficiency. To increase adoption of digital solutions,companies are seeking out tactics and strategiesthat make life easier for their end users.Moreover, digital technologies are playing anincreasingly central role in optimizing source-to-pay outcomes. The data shows that the top tierof companies using SAP Ariba solutions realizedexemplary results, despite facing ongoing supplychain challenges. Compared to peers, theseorganizations were able to deliver better costcontrols and manage more spend with lowerheadcount, freeing them to perform more strategictasks for the business.3 | 16