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Use of Dashboarding within ISPnext Business Spend Management

Dashboards show the progress and progression of certain business activities. Often with a current state of affairs and a situation of the past period so that comparisons become possible. In order to look ahead and improve processes and procedures, for example, it is necessary to have insight into the details of the relevant business processes.  

From ISPnext we advise how certain KPIs can be improved and what (negative) effects can occur if this does not happen or is not transparent.  

Based on our customer experience we have made an overview of the most important KPIs and insights in the field of Procurement and Finance that are applicable for different roles within the organization. Think for example of the KPI: % invoices paid on time. Dirk Jan Leppers: “Paying invoices on time saves internal process costs, provides possible payment discounts, maintains a good relationship with suppliers and ensures a good own reputation.”

Key KPIs for Procurement and Finance within your organization

Based on our customer experience we have made an overview of the most important KPIs and insights in the field of Procurement and Finance that are applicable for different roles within the organization. Think for example of the KPI: % invoices paid on time. Dirk Jan Leppers: “Paying invoices on time saves internal process costs, provides possible payment discounts, maintains a good relationship with suppliers and ensures a good own reputation.”

KPIs and insights for each role within Procurement and Finance

An organization's performance is affected by up-to-date insight into procurement expenditures and the progress of financial processes. Different roles within the organization can make a positive impact on this, such as the CEO/Management, CFO/Finance Manager, CPO/Buyer and Contract Manager/Budget Holder.
In our white papers, we describe the most important KPIs and associated dashboards for each role. We provide insight into the potential impact, offer advice on how to improve these KPIs and share benchmarks where possible. All this is based on our experience within various organizations, so you can effectively steer for results.

Collega - Dirk Jan Leppers - Foto rond
“With smart dashboards, you turn data into valuable insights and drive targeted success within Business Spend Management.”

- Dirk Jan Leppers, Solution Consultant | ISPnext

KPI overview

Measuring and monitoring the right KPIs is essential to optimise processes and achieve strategic goals. In this whitepaper, we share the most important KPIs per role within your organisation, including dashboards, benchmarks and practical advice to improve performance. Download now and discover how to get a grip on Procurement and Finance!
Mockup_Preview_Whitepaper_KPI overzicht (ENG)