Since the onset of COVID-19, spend management in the biotechnology industry has been going through a revolution. For finance leaders, it’s more important than ever to streamline spend management workflows and accurately forecast for the future.
In our latest report, we showcase 10 of the most important spend management benchmarks for fast-growing biotech organizations.
Discover exclusive benchmark metrics including:
-
Requisition to purchase order cycle time
-
Average spend per vendor
-
Request for order consolidation
-
80-20 spend
-
Average yearly spend
-
And much more