Key findings
Automation has fundamentally changed what AP teams can do, with processing time cut by 50% in two years for some industries
More spend is flowing through controlled procurement channels than ever, with total Spend Under Management growing from $6.3M to $8.3M between 2023 and 2025.
Guided buying is becoming the norm. In 2025, 61.8% of orders now flow through PunchOut catalogs.
Who it’s for
Finance leaders who want to benchmark their procurement performance against real peer data
Teams evaluating where AI-driven automation can have the most measurable impact on cycle times, spend control, and supplier risk
Organizations preparing to make the case internally for procurement modernization and need data to anchor the conversation
“From chaos to clarity, thanks to Procurify!”
“Procurify creates unique approval workflows, tracks spending, and helps consolidate information and data to a central area.“
“The integration capabilities are incredible!”
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Procurement intelligence is the insight procurement teams use to make better buying decisions before money is committed. It connects upstream signals such as requests, … What is Procurement Intelligence and How Can It Benefit Your Business?
A step-by-step guide to the purchasing process, plus practical ways to streamline approvals, improve invoice accuracy, and maintain a clean audit trail with automation and data.
$30B+ in real spend data you won’t get anywhere else
Find out how your performance measures up against industry peers and what it takes to move from reactive to AI-driven operations.
