In May 2022, SIG conducted an informal benchmark on behalf of Member in the finance industry. We collected the average number of days for a few key indicators in the Source-to-Pay cycle.
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In addition, you may find The 2022 Business Spend Management Benchmark Report: United by the Power of Spend report helpful.
Contributors: SIG
SRC Type: Benchmarking and Analysis, Performance Management, Procurement Operations, Sourcing Management