GUIDES & REPORTS
Ardent Partners' Procurement Metrics that Matter in 2022
Co-sponsored by Medius, Ardent Partners' Procurement Metrics That Matter in 2022 presents key benchmarks that show the impact procurement has on their enterprises. It also details best-in-class metrics in the adoption of digital solutions, spend management, and outcome on the company's bottom line.
Co-sponsored by Medius, Ardent Partners' Procurement Metrics That Matter in 2022 presents key benchmarks that show the impact procurement has on their enterprises. It also details best-in-class metrics in the adoption of digital solutions, spend management, and outcome on the company's bottom line.
Download this report to learn:
- The general capabilities and competencies of procurement organizations today
- The top strategies and tactics used by leading CPOs of today
- The latest "best-in-class" performance metrics and their defining characteristics
Dive deeper into the Ardent Partners’ Procurement Metrics that Matter report
The Ardent Partners' Procurement Metrics that Matter report is an annual publication by Ardent Partners, a leader in procurement market research. It's considered a key resource for procurement professionals focusing on performance improvement, as it compiles industry benchmarks and best practices for procurement efficiencies.
The report shares the general competencies and capabilities of procurement organizations today and highlights the top strategies and tactics that leading CPOs have utilized to navigate the pandemic and the prevalent uncertainty it has fostered. Above all else, it debuts the procurement industry’s "metrics that matter," including the world premiere of the latest Best-in-Class performance metrics that are based upon the survey results of 369 CPOs and other procurement executives captured between January 2022 and March 2022.
The report shares the general competencies and capabilities of procurement organizations today and highlights the top strategies and tactics that leading CPOs have utilized to navigate the pandemic and the prevalent uncertainty it has fostered. Above all else, it debuts the procurement industry’s "metrics that matter," including the world premiere of the latest Best-in-Class performance metrics that are based upon the survey results of 369 CPOs and other procurement executives captured between January 2022 and March 2022.
How Medius helps organizations streamline their procure to pay processes
Medius Procurement automates tasks like sending out requisitions, managing approvals, and generating purchase orders. This reduces manual work and streamlines the procurement cycle.
Perhaps one of the greatest strengths Medius provides is that Medius Procurement is just one solution in a modular suite of Spend Management solutions. This carries over the efficiencies and control gained from automation the purchasing realm downstream to invoice and payment capabilities, with Medius AP Automation at the core of our product strategy.
Across all of the Medius Spend Management Solutions, we’re always pushing innovation into the products, staying on the cutting edge of what technology can do for your business with features that are driven by Artificial Intelligence and Machine Learning, recognizing data patterns and trends to help you move faster, save more money, and remove the unnecessary “work” from your workday.
“I’m really pleased with the way the implementation of the Medius solution turned out. The tool satisfied all the requirements identified at the start of the project. Our procurement teams have more visibility of spend figures, and categories, which they can use to negotiate better deals with our suppliers.”
Jacco Daemen
Finance, CEVA Logistics