The Top 6 Procurement KPIs

Potent metrics for boosting cost savings & efficiency

 

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Procurement leaders are being told to do more with less. In 2025, procurement workloads are projected to increase by 10%, while budgets will only grow by 1%.

Combine that with the limitations of outdated tools and processes, as well as poor visibility into procurement performance, and it’s clear Procurement teams will have to do a better job of streamlining their operations if they want to succeed in the face of so many challenges.

And that’s exactly where effective key performance indicator (KPI) tracking can help.

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“The discipline that Esker drives in the credit and collections process is phenomenal. In my 20-plus years, it's the best product I've ever used based on its simplicity and ease of navigating.”
Global Director of Financial Services | Trek Bicycle

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About Esker

Esker is the global authority in AI-powered business solutions for the Office of the CFO. Leveraging the latest in automation technologies, Esker's Source-to-Pay and Order-to-Cash solutions optimise working capital and cashflow, enhance decision-making, and drive better collaboration and human-to-human relationships with customers, suppliers and employees.

Since 1985, Esker has helped companies in their efforts to digitally transform business communications, with global headquarters in Lyon, France, and U.S. headquarters in Madison, Wisconsin.

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