percentage of spend through a purchase order

Purchase Order (PO) Coverage Rate: The Spend-Control Metric Controllers Should Track

TL;DR — for Controllers and AP managers Run the calculator, get your coverage rate, then work the “how to improve it” section. If you want the metric in context, this pairs with our pieces on eliminating surprise invoices (the pain a low rate creates) and the purchase order approval process (the lever that fixes it).… Continue reading Purchase Order (PO) Coverage Rate: The Spend-Control Metric Controllers Should Track