4 Procurement KPIs Every Software Company Should Measure

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What Should I Measure?

The four KPIs you should be measuring to improve your operational efficiency when it comes to procurement and your spend management process. 

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The main challenges and red flags that are slowing your team down when it comes to procurement and spend management.

How to Run More Lean and Efficiently
Key Strategies to Save Your Team Time and Money

Key strategies to improve your KPIs so you can save time, money and energy so that your team can focus on doing what they do best - generating more revenue towards hyper-growth! 

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APQC (American Productivity & Quality Center) is the world’s foremost authority in benchmarking, best practices, process and performance improvement, and knowledge management (KM). With more than 550 member organizations worldwide, APQC provides the information, data, and insights organizations need to support decision-making and develop internal skills. 

About The Organization: 

MARISA BROWN

Senior Principal Research Lead, Supply Chain Management 

Marisa has more than 25 years of experience in business, research, writing, speaking, and consulting. She leads APQC’s supply chain team that conducts research to provide insights into benchmarks, best practices, and process improvements across the supply chain, currently focusing on supply chain planning, procurement, and supplier relationships. Marisa creates and publishes informative content on APQC’s Knowledge Base, the APQC blog, and third-party sites.  

Speaker

Speaker

KOJU KOJWANG

Technology Consultant, Procurify.com

Koju is a Procurement Technology Consultant at Procurify, a software solution that helps growing organizations manage their spending. He works with fast-growing companies in the U.S, Canada, and Europe to help them manage budgets and improve visibility into spend as they scale. Procurify plays well with many accounting systems, including QuickBooks, and major ERPs.

“For me, as a financial controller, the level of detail and visibility that Procurify provides into spending is very helpful. It’s a really good product.”

MEIMEI FU, FINANCIAL CONTROLLER, GOTION

Sponsored by

Control, track and report your company’s spend. Robust request to approve functionality, purchase order management, and authenticate deliveries all in one place.

Procurify is your best in class Spend Management Platform.

Procurify is your best in class Spend Management Platform.

Control, track and report your company’s spend. Robust request to approve functionality, purchase order management, and authenticate deliveries all in one place.

APQC (American Productivity & Quality Center) is the world’s foremost authority in benchmarking, best practices, process and performance improvement, and knowledge management (KM). With more than 550 member organizations worldwide, APQC provides the information, data, and insights organizations need to support decision-making and develop internal skills. 

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In growing software companies, the agility of operations and nimbleness of execution are key.

When it comes to procurement, many companies do not have a formalized process or strategy in the earlier stages, until it becomes overwhelming to deal with. 

This puts a lot of pain and stress on the finance and operations team, where they stay late to check on invoices and line items, and on the company - where waiting days for approval slows down their projects.

Growing software companies manage procurement on an ad-hoc basis, using tools such as spreadsheets, email, and slack. However easy these tools might be, startups outgrow these processes very quickly. 

In this webinar, join renowned procurement expert and researcher Marisa Brown of APQC, and Procurify’s Koju Kojwang, who will guide you through which metrics to measure when jumpstarting a procurement strategy, and how to improve them.

Take Your Spend Management To The Next Level With Procurify

4 Procurement KPIs Every Software Company Should Measure

In growing software companies, the agility of operations and nimbleness of execution are key.

When it comes to procurement, many companies do not have a formalized process or strategy in the earlier stages, until it becomes overwhelming to deal with. 

This puts a lot of pain and stress on the finance and operations team, where they stay late to check on invoices and line items, and on the company - where waiting days for approval slows down their projects.

Growing software companies manage procurement on an ad-hoc basis, using tools such as spreadsheets, email, and slack. However easy these tools might be, startups outgrow these processes very quickly. 

In this webinar, join renowned procurement expert and researcher Marisa Brown and Koju Kojwang, where they guide you through which metrics you should measure when jumpstarting a procurement strategy, and how to improve them

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Take Your Spend Management To The Next Level With Procurify