The Anatomy of a Benchmark Report

To spearhead savings initiatives and to provide businesses greater control over their spending and supplier relationships, Source One has provided benchmarking services to clients across many industries.  Benchmarking provides businesses visibility into different spend categories through the evaluation of active agreements, examining contractual terms as well as pricing structures.  To date, Source One has helped clients compare price points and identify areas of improvement, while equipping businesses with best practices and knowledge to leverage during negotiations and obtaining more competitive and standardized agreements with new and existing suppliers.

To explain how this is achieved, Source One has developed an infographic that walks through the various components and objectives of the benchmark report.