Designed for CFOs and finance and procurement leaders, this report delivers actionable insights from the Coupa community. Discover how to use Coupa’s AI-driven Source-to-Pay platform to maximize your margins.
Optimize spend, maximize margins
Effective spend management is crucial for maintaining profitability and driving growth.
Coupa’s 2024 Total Spend Management Benchmark Report offers finance and procurement leaders actionable insights based on Coupa’s community performance of over 3.500 companies, 6 trillion in cumulative transactional spend from a network of more than 10 million buyers and suppliers.
Utilizing advanced data analytics and AI, this report provides a comprehensive overview of best practices and key performance indicators (KPIs) that can help your organization achieve greater efficiency, compliance, and cost savings.
By benchmarking your performance against industry leaders, you can identify areas for improvement and implement strategies to enhance your spend management processes, ultimately maximizing your margins and driving sustainable growth.
Key benchmarks for finance
Overall savings
5.8%
ESG Compliance Rate
85%
Pre-approved spend
96.1%