The State of Business Execution Benchmarks Report 2021
Every company has a set execution capacity. It’s the maximum level of performance that an organization can achieve with its available time and resources. Yet most companies are not performing at their full potential.
So we set out to quantify the size of this execution problem. We surveyed over 2000 business leaders across 6 countries, 8 industries, and 4 different lines of business to build a benchmarks report that accurately represents the state of business execution today.
From Procurement to Accounts Payable, Order Management to Accounts Receivable, we measured performance, quantified its financial impact, and made recommendations for improvement.
Find out:
The biggest challenges these departments are facing
How you compare against best-in class organizations across key KPIs
How the average company could be leaving over $673M on the table
How A/P and A/R departments could free up over $567M in working capital
How Procurement and Order Management could save over $105M annually
We’ve shared some of the highlights below. Or you can go straight to the full report.
Free up $395,890,411 in working capital in A/R
Find out how your Accounts Receivable department compares to best-in-class organization across key KPIs including:
Days Sales Outstanding
Average Days Delinquent
AR Turnover Ratio
Collection Effectiveness Index
Learn about the challenges facing A/R departments, and how maximizing your execution capacity to become a top-quartile performer could mean accelerating cash flow and freeing up hundreds of millions in working capital.
Free up $171,616,438 in working capital in A/P
Find out how your Accounts Payable department compares to best-in-class organization across key KPIs including:
Days Payable Outstanding
Touchless Invoice Rate
Paid-on-Time Rate
Cost per Invoice
Duplicate Payment Rate
Understand the possible financial impact of the limits on your execution capacity — and how A/P departments the world over are taking action to achieve breakthrough performance by preserving cash, boosting productivity and cutting costs.
Reduce cost per sales order to save $64,566,677 in Order Management
Find out how your Order Management KPIs stack up against top performers, including what average and top-quartile results look like across:
On-time Delivery
Cost per Order
Customer Satisfaction
Touchless Orders
Understand the execution gaps hampering Order Management, and how maximizing your execution capacity to go from average to top performer could help you save over $60M every year.
Save $40,950,000 in Procurement just by cutting cost per PO
Find out how your Procurement department performs against best-in-class organizations across key KPIs including:
Spend under Management
Supplier Delivery Reliability
Operational Cost per PO
Understand the key challenges faced by Procurement departments across the world, and the KPIs being prioritized in the year ahead — and how maximizing the execution capacity of your procurement processes could save you tens of millions every year.
