-- Place 78% spend under management control, which is 26% more than their peer enterprises. -- Display 83% on-contract spend, with 25% less maverick spend than all other enterprises. -- On average, have requisition-to-order cycle times of one to two days, which is more than half of their peer firms, with transactions costs that are 33% lower than all other enterprises.The e-procurement benchmark report recommends that enterprises should start with a center-led procurement department championed by an executive, who will leverage the capabilities of business partners and stakeholders, and drive end-user adoption. Most enterprises will benefit by leveraging technology solutions such as supplier networks, catalog hubs, which allow quick enabling of suppliers and transmitting purchase orders electronically. Additionally, top performing enterprises should aim to integrate e-procurement with finance and accounts payable systems. A complimentary copy of this report is made available due in part by the following underwriters: SciQuest, Wax Digital, Ketera, Enporion, and Coupa. To obtain a complimentary copy of the report, visit: http://www.aberdeen.com/link/sponsor.asp?cid=4215. About Aberdeen Group, a Harte-Hanks Company Aberdeen is a leading provider of fact-based research and market intelligence that delivers demonstrable results. Having benchmarked more than 30,000 companies in the past two years, Aberdeen is uniquely positioned to educate users to action: driving market awareness, creating demand, enabling sales, and delivering meaningful return-on-investment analysis. As the trusted advisor to the global technology markets, corporations turn to Aberdeen for insights that drive decisions. As a Harte-Hanks Company, Aberdeen plays a key role of putting content in context for the global direct and targeted marketing company. Aberdeen's analytical and independent view of the "customer optimization" process of Harte-Hanks (Information - Opportunity - Insight - Engagement - Interaction) extends the client value and accentuates the strategic role Harte-Hanks brings to the market. For additional information, visit Aberdeen http://www.aberdeen.com or call (617) 723-7890, or to learn more about Harte-Hanks, call (800) 456-9748 or go to http://www.harte-hanks.com.
© 2007 Aberdeen Group, Inc., a Harte-Hanks Company 260 Franklin Street Boston, Massachusetts 02110-3112 Telephone: (617) 723-7890 Fax: (617) 723-7897 www.aberdeen.com
Contact Information: Media Contact: Amit Gupta Aberdeen Harte-Hanks (925) 264-1828 Amit.Gupta@aberdeen.com