Benchmarking Spend: Key Insights from Procurify’s 2025 Procurement Report
Update: 2025-04-30
Description
In this Digest edition of Spend Culture, we break down key insights from Procurify’s 2025 Procurement Benchmark Report. Built on $20B+ in real procurement data, this episode explores how organizations can use benchmarking across 11 key KPIs to spot inefficiencies and identify opportunities for optimization.
The KPIs are tied to major procurement objectives like maximizing supplier value, cutting costs, and tracking procurement’s impact on financial health. We walk through the report’s major objectives, highlight the critical metrics, and share how you can use these benchmarks to assess performance and guide future improvements.
This episode was generated using AI narration to deliver insights quickly and efficiently.
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