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2025 Procurement Benchmark Report

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The Spend Culture Blog

Best practices, expert advice, and industry insights on everything from procure to pay. Learn how you can put your procurement function to work to cut costs, drive efficiency gains, and future-proof your organization.

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2025 Procurement Benchmark Report highlighting procurement KPIs across industries
Procurement

Updated: May 15th, 2025 • 3 min read

The 2025 Procurement Benchmark Report: Insights That Matter

How does your organization compare? Our 2025 report breaks down $20B in spend data to reveal where top-performing procurement teams are getting it right—and where others fall short.

Read more
How Accounts Payable Days Reflect the Health of Your Purchasing Process
Accounts Payable

Updated: May 15th, 2025 • 7 min read

How Accounts Payable Days Reflect the Health of Your Purchasing Process

Accounts payable days is more than a finance metric—it reflects how well your organization manages spend. Learn how APD reveals process gaps, impacts outcomes, and why visibility and control are key to improving performance.

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Spend Insights Launch
Product news

Published: May 14th, 2025 • 6 min read

Introducing Spend Insights: AI Tools for Smarter Spend Decisions

Spend Insights is the newest addition to the Procurify platform—an AI-powered spend analysis tool that gives finance and ops teams the clarity to act faster and make better budget decisions with real-time purchasing, AP, and expense data.

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The-Complete-Procure-to-Pay-Process_-Definitions-and-Best-Practices
Procure-to-pay

Updated: Apr 9th, 2025 • 6 min read

The Complete Procure-to-Pay Process: Definitions and Best Practices

: Dive into the complete guide on the Procure-to-Pay process. Understand each step, embrace best practices, tackle challenges, and discover future trends for optimizing your business’s procurement and payment activities.

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Blog
Procurement

Updated: Apr 4th, 2025 • 9 min read

Understanding the Procurement Process: A Comprehensive Guide

Explore the intricacies of the 2024 procurement process, from identifying needs to finalizing purchases. Enhance your strategy with a focus on efficiency, digital solutions, and sustainable practices in procurement.

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Blog
Nonprofits

Updated: Mar 5th, 2025 • 5 min read

The Nonprofit Purchasing Checklist: 8 Steps to Smarter Spending

Nonprofits must make every dollar count. This checklist covers cost-saving strategies, vendor management, and procurement best practices to maximize impact and financial accountability. Learn how to streamline purchasing and improve transparency.

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Nonprofits

Updated: Mar 5th, 2025 • 5 min read

Accounts Payable for Nonprofits: Best Practices for Financial Efficiency

Accounts payable (AP) is a critical function in nonprofit financial management, ensuring that organizations pay vendors, suppliers, and service providers accurately and on time. … Accounts Payable for Nonprofits: Best Practices for Financial Efficiency

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Blog
Spending cards

Updated: Feb 25th, 2025 • 5 min read

Selling Spending Cards to the C-Suite: 5 Considerations to Make

So, you want to get a new tool for your team, but now you need to convince the leadership team that it’s a good … Selling Spending Cards to the C-Suite: 5 Considerations to Make

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Blog
Expense management

Updated: Feb 19th, 2025 • 3 min read

Building Your Own Expense Policy – Expense Management 101

Discover practical tips for effective expense policy management. Learn how to streamline processes, ensure compliance, and promote transparency.

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Blog
Accounts Payable

Updated: Feb 18th, 2025 • 7 min read

Online Bill Payments: How They Work and Why They’re Important

Learn how online bill payments have revolutionized the way organizations handle their financial obligations, streamlining their financial processes, improving overall efficiency, and eliminating missed payments.

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Blog
Accounts Payable

Updated: Feb 18th, 2025 • 6 min read

AI and AP Automation: Trends According to a Modern Accounting CEO

Working in Silicon Valley for the past 15 years, John Glasgow, CEO of Campfire, has had a front-row seat to the rapidly evolving AP landscape. In this exclusive Op-Ed, John shares three trends shaping modern accounting.

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Blog
Supply chain

Updated: Feb 13th, 2025 • 13 min read

Lean vs Agile Supply Chain: A Deep Dive into Strategic Efficiency and Flexibility

Learn about the differences between supply chain methodologies like lean, agile, and hybrid. The supply chain plays a critical role in a company’s ability to stay competitive and this blog will help you find the best fit for your business needs.

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2025 Buyer’s Guide: Spend Management

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