Report: Ardent Partners CPO Rising 2023: CPO at the Crossroads

May 25, 2023

SpendHQ is really excited to offer you a complimentary copy of the latest report on CPO Rising 2023: CPO at the Crossroads, published by research and advisory firm Ardent Partners.

Examples of key take-aways from this report that related to Procurement Performance Management and Spend Intelligence include:

  • CPO Perspective #1: Almost half (44%) of all CPOs are feeling a “great deal” of uncertainty about what will happen in 2023 and most express at least “some” level of uncertainty.
  • CPO Perspective #2: 60% of CPO’s feel that 2023 will be more challenging than 2022.
  • Top CPO Priorities in 2023 include:
    • Cost Savings: 46%
    • Digital transformation: 43%
    • ESG and Non-Financial Performance: 27%
  • Top CPO Hurdles in 2023 include:
    • Budget constraints
    • Managing supplier performance
    • Difficulty engaging stakeholders

Download your complimentary report to find out more!

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