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