As CPOs reflect on the constant disruption to the supply chain in recent years, many have found that while their faith in the power of spend is unwavering, significant gaps remain in process and...
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Support suppliers and protect against fraud with these seven easy-to-execute vendor management tips. How to deal with non-compliant suppliers using group emails, fraud attempts around the holidays...
Independence Blue Cross was looking for ways to optimize cash flow and to begin offering early payments to suppliers for a discount on their invoice. Talking to companies that provide early...
Procurement leaders of today are tasked with transforming their departments to be strategic value architects. Gone are the days where procurement focuses solely on the price of products and...
20 Community-Powered KPIs for Best-in-Class Performance Across Procurement, Risk, Invoicing, Expenses, and Payments
Contents
- Introduction: Why Community Data?
- United...
In May 2022, SIG conducted an informal benchmark on behalf of Member in the finance industry. We collected the average number of days for a few key indicators in the Source-to-Pay cycle.
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This case study provides a performance improvement plan tool, specifically an assessment of the procurement function, based on value delivered to business partners. We assess each attribute in...
Global benchmark study finds a few companies creating decisive new forms of competitive advantage. Summarizes results. Visit this page for a deeper dive:...
In August 2022, SIG conducted an informal benchmark on behalf of a Member in the finance industry. We collected the average number of purchase orders processed per week per FTE.
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Use this Cost Optimization Strategy Guide to measure the benefits in an SRM program. This presentation will help determine if the ROI results from an effective cost containment strategy rather...