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Report

THE 2023 BUSINESS SPEND MANAGEMENT BENCHMARK REPORT

THE 2023 BUSINESS SPEND MANAGEMENT BENCHMARK REPORT

THE 2023 BUSINESS SPEND MANAGEMENT BENCHMARK REPORT

Coupa
Pages 35 Pages

The 2023 Coupa Business Spend Management Benchmark Report highlights 20 KPIs from over 3,000 customers to guide best-in-class performance across procurement, invoicing, expenses, payments, and ESG. High-performing companies saved 6.6% of spend, achieved 96.9% digital invoice payment, and 95% pre-approved spend. The report emphasizes the CFO's role in digital transformation to boost profitability, mitigate risk, and optimize cash. AI-powered insights via Coupa’s Community.ai platform help organizations improve efficiency, reduce fraud, and meet ESG goals, while accelerating decision-making and value realization across the business.

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