Orpheus, a McKinsey company - Digital Backbone

Digital Backbone &

more about
Digital Backbone & Visualization
Orpheus, a McKinsey company - Impact Tracker

Data Connectivity &

more about
Data Connectivity & Transformation
Orpheus, a McKinsey company - Data Categorizer

Data Cleansing &

more about
Data Cleansing & Categorization
Orpheus, a McKinsey company - Spend Control

Dashboards &

more about
Dashboards & Insights
Orpheus, a McKinsey company - Category Analytics

Analysis &

more about
Analysis &
Orpheus, a McKinsey company - Impact Tracker

Integrations &

more about
Integrations & Ecosystem
Orpheus, a McKinsey company - Advisory Center

Alerting &

more about
Alerting & Recommendations
Orpheus, a McKinsey company - Impact Tracker

Impact &
Savings Tracking

more about
Impact & Savings Tracking

What is meant by Balanced Scorecard an Procurement Scorecard?

Purchasing controlling or procurement performance management and the corporate or departmental objectives defined on a (balanced) scorecard are closely linked. As described in glossary terms SRM, procurement performance management and purchase controlling, planning processes and a control circuit must be implemented.

Management defines the corporate goals using a scorecard and breaks these down into individual sections and management areas. Standards in form of area specific key figures and KPIs are derived from higher-level financial key figures such as EBIT pr Cash-Flow. The procurement scorecard in strategic purchasing contains KPIs and key figures with which purchasing can be managed and its success can be measured. Examples for KPIs and key figures in purchasing can be found in the glossary under “KPI”.

Together with a balanced scorecard, procurement controlling serves two different purposes. On the one hand, parts of the procurement scorecard or the supplier scorecards are implemented. On the other hand, target achievements can be measured (see glossary for the terms performance measurement, purchasing successes and cost savings).

In addition to purchase controlling, the implementation of measure management used to achieve the scorecard objectives. Using procurement measures and initiatives, the planned objectives are to be operationalized and implemented via very tangible purchasing projects. Measure management thereby functions as a tool to implement the scorecard in practice.

Dashboards & Insights - Advanced Analytics, Transparency & KPIs

Dashboards & Insights

Dashboards & Insights is a complete Procurement Controlling and Spend Management solution. It provides all functions, KPIs and measures needed for professional Spend Analysis.

With its standardized ERP interfaces you can connect the spend cube of Dashboards & Insights within a short time frame to any ERP system (e.g. SAP, Navision, Oracle etc.).

Request a Demo for Dashboards & Insights more about Dashboards & Insights

Search Glossary

Orpheus Glossary

Here you will find important terms related to spend management explained in a clear way. Small knowledge base for quick information or in full for your further education. This controlling glossary is constantly being expanded and improved.

Orpheus Blog

Read blog articles about spend management, initiative management and data management in procurement, or other articles from our experts.


For more information, see the following article:

Connect with our experts