2021 Financial Services Business Spend Management Benchmark Report

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Read the 2021 Financial Services Business Spend Management (BSM) Benchmark Report with 12 powerful community-powered KPIs to help you spend smarter, based on actual spend transactions and processing activity of $2 trillion of cumulative global business spend.

You’ll learn why Barclays, Aon, Capital One, Bremer Bank, and Ally Financial, among others, are concentrated on optimizing three key areas:
• Unifying business spend processes across regions – gain a comprehensive view of business spend and use KPIs to identify best practices, bottlenecks, and savings opportunities
• Protecting the business by reducing third-party risk – Surface supplier insights at the time of decision-making to avoid third-party risk, fraud, and fines
• Deploying industry best practices to future-proof investments – Support employees with the #1 rated platform based on our completeness of vision, usability & ability to execute