Ariba Benchmark Program
Quarterly Ariba benchmarking surveys focus on strategic development and execution of spend management initiatives. Participants in the benchmark study receive a free, customized company report that compares the key performance indicators for each business process, quarter-to-quarter trends, a comparison of companies in a similar industry and region, and a comparison of companies with similar spend management philosophies.
Quick Facts
- Approximately 150 companies participate in the program, with over $40B of quarterly spend 'benchmarked'
- All categories of spend are represented — with the largest in services, direct material, IT equipment, and MRO
- The Benchmark Program is global, with spend in more than 60 different currencies
Why Benchmark?
- Build the business case and assess potential value prior to starting a new spend management initiative
- Assess actual value of solutions and obtain stakeholder feedback after a pilot/production time period
- Demonstrate to management and stakeholders ongoing value— through continuous comparison to other companies of similar size, industry, and usage through trend analysis and benchmark
Why Benchmark with Ariba?
- Participants include some of the largest and best managed companies in every industry and region
- Receive and participate in peer analysis, discussion, and recommendations that are relevant to current spend management topics
- Participation requires less than 10 minutes each quarter
- Receive a customized company report - in both Microsoft® Excel and Microsoft® PowerPoint formats, with detailed data analysis of trends, best practices, and comparison to your peers
- Participants receive copies of suggested industry reports, case studies, and an invitation to the quarterly benchmark webinar to review results
- The Ariba Benchmark program continues to grow and expand over time — as participation and business trends change — ensuring increased data comparison points and opportunities for better trending
- Participation is free
Benchmark Program Participation Process The program requires participants to be current licensed users of Ariba spend management solutions and be in active production with the solution for at least three months. Participants need to enroll, acknowledge the data privacy agreement, and provide valid business contacts to receive information.
- First month of every quarter
- Enrollment of new participants
- Reminder of timeline - Second month of every quarter
- Data collection - Third month of every quarter - Personalized benchmark report made available
