To contribute meaningfully to your company’s business performance and global competitiveness, you need to be faster, more effective, and more efficient than your counterparts in other organizations. You need to be best-in-class on a host of functional performance indicators. But, while many procurement and A/P leaders know where their teams stand individually on popular functional performance metrics, it can be difficult to gain insights into how the rest of the world and direct competitors are performing. As a truly global Procure-to-Pay solution provider, Zycus is uniquely positioned to help provide these types of insights via The 2019 Procure-to-Pay Performance Benchmark Report.
The primary objective of this endeavor is to develop a Procure-to-Pay performance matrix that:
- Enables procurement leaders and their teams to understand how their organizations compare to others in terms of performance on multiple Procure-to-Pay measures.
- Provides a global baseline from which we can track overall progress for both procurement and A/P corporate functions as they continue to collaborate on optimizing, automating, and making their enterprise Procure-to-Pay processes faster, more effective, and more efficient.
- Discover the approaches and behaviors that set Best-in-Class (BIC) performers on Procure-to-Pay apart from their peers.