The 2023 Coupa Business Spend Management Benchmark Report highlights 20 KPIs from over 3,000 customers to guide best-in-class performance across procurement, invoicing, expenses, payments, and ESG. High-performing companies saved 6.6% of spend, achieved 96.9% digital invoice payment, and 95% pre-approved spend. The report emphasizes the CFO's role in digital transformation to boost profitability, mitigate risk, and optimize cash. AI-powered insights via Coupa’s Community.ai platform help organizations improve efficiency, reduce fraud, and meet ESG goals, while accelerating decision-making and value realization across the business.

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