How Benchmarking Helps the CFO Optimize Spend Management

Date: Thursday, February 16, 2017
Time: 2PM ET
Duration: 1 hour

Sponsored by Coupa Software

Webcast Summary

Senior finance executives often have a gut feeling about whether the spend-management efforts at their companies are optimized, but there’s no substitute for hard numbers when it comes to ensuring operational excellence. This Webcast will gather a group of finance and technology experts to discuss (1) why benchmarking is used by forward-looking finance chiefs to optimize spend-management efforts and (2) what critical key performance indicators should be used to benchmark and improve performance in four key areas:
  • Savings (bottom-line impact that sourcing and procurement efforts deliver)
  • Efficiency (strength of processes across procurement, invoicing, and expense management)
  • Digitization (success in digitizing business relationships with suppliers)
  • Compliance (effectiveness in driving compliance through spend management)

About the Moderator

Chris Schmidt

Chris Schmidt, Senior Editor, CFO Publishing

Chris Schmidt is the senior editor with CFO Publishing, overseeing the development of custom-content Webcasts and other tailored outreach to senior finance executives. Chris also works with CFO Publishing's research team to conduct studies on a variety of topics.

Before joining CFO Publishing, Chris served as director of corporate communications for Oliver Wyman, a global strategy consultancy. He is a graduate of Colby College. Chris is based in Boston.

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