What are Key Procurement Performance Indicators?
Key procurement performance indicators cover all areas of analysis relevant to procurement management. Examples are
- savings(Cost Reduction and Cost Avoidance)
- procurement volume
- Maverick Buying and other compliance-related topics
- procurement processes
- payment terms
- payment objectives
- Total Cost of Ownership (TCO)
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.).
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.
Read blog articles about spend management, initiative management and data management in procurement, or other articles from our experts.