Spurred by promises of major efficiency gains, organizations have been navigating purchase-to-pay (P2P) digital transformation for several years. However, most still struggle with full process digitization and automation. While the digital gap between top performers and the rest is sizable, it can be closed.
In this detailed quantitative assessment, The Hackett Group studies four dimensions of a fully digital P2P model: Automation, Information, Stakeholder-centricity, and Talent. How do you stack up against your peers?
View this report to compare your organization’s P2P performance to top performers, diving into these key metrics and more:
- Percent of spend through an e-catalog
- Number of invoices per full-time-equivalent (FTE) and cost per invoice
- Percent of P2P processes that are fully automated
- Number of suppliers per billion dollars of total spend