
The best performing businesses have high procurement maturity levels
Partially-advanced procurement hinders business performance by slowing speed to market and weakening cash flow control, as manual and unsophisticated processes act as obstacles despite good intentions.


How procurement maturity affects business performance
The report reveals that advanced procurement processes significantly enhance business performance by improving speed to market, fostering innovation, and streamlining operations. Companies with mature procurement achieve better budget control, compliance, and cross-departmental collaboration, resulting in a competitive advantage. In contrast, outdated, manual systems hinder efficiency, cash flow, and growth. The report highlights the critical role of investing in procurement capabilities to optimize operations, enhance financial management, and drive sustainable success in today’s competitive business landscape.
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The need-to-knows
Yes, the report is completely free. Use the form at the top of this page to access the report.
The report uses our own proprietary data based on thousands of vendor data points.
- Assess and Improve Procurement Maturity: Leverage the report's framework to evaluate your organization's current procurement processes and identify actionable steps to enhance efficiency, cost management, and strategic alignment.
- Drive Cross-Functional Collaboration: Use insights on the intersection of procurement, finance, IT, and operations to foster collaboration across departments, optimizing resource allocation and operational performance.
- Strategically Align Procurement with Business Goals: Implement the report's findings to position procurement as a key driver of business value, ensuring it contributes to broader objectives like innovation, compliance, and long-term growth.