Discovering and Benchmarking Performance Gaps

Objective

After completing this lesson, you will be able to describe how benchmarking procurement KPIs reveals performance gaps and insights.

Benchmarking for Performance Improvement

Benchmarking turns performance data into direction — revealing where inefficiencies exist and how to target improvement.

Personas involved

Procurement Transformation Lead

Turning KPIs into Direction

After defining the initiative, the next step is to discover performance gaps and benchmark results.

In this phase, the Procurement Transformation Lead and analysts use benchmarking analytics to compare internal KPIs with industry best-in-class standards. The table below outlines the objectives, tools, and responsibilities for this step

StepManual toolSAP Signavio ToolDescriptionBenefitsResponsible
Discover & BenchmarkExcel-based KPI benchmarkingProcess Transformation ManagerBenchmark current procurement KPIs in the Source-to-Pay process against industry peers using Benchmarking Analytics. The Transformation Lead identifies gaps such as low automation or high change rates and converts them into Insights for investigation. These insights become the fact-based foundation for initiatives like "Improve Source-to-Pay FTE Productivity."
  • Data-driven visibility into procurement inefficiencies
  • Early detection of automation and exception gaps
  • Objective baseline for performance improvement
Procurement Transformation Lead

Benchmarks turn instinct into evidence. Watch how we convert KPI gaps into Insights that feed the CPO’s initiative.

Note

Explore the click-through demo to experience how Signavio uncovers inefficiencies across the Source-to-Pay process. Then watch the recording to see how real procurement teams benchmark their KPIs

Click Through Demo

Demo Recording

Benchmarking gives us direction — not answers. The next step is diagnosis: validating gaps with real execution data and uncovering what’s driving the waste.