| KPI | Definition | Source | Frequency | Target | | --- | --- | --- | --- | --- | | Spend under management | Spend with a procurement-led contract / total | ERP + contracts | monthly | | | Contract compliance | Spend with contracted suppliers / addressable | ERP | monthly | | | Maverick spend | Spend without PO or contract / total | ERP | monthly | | | Cycle time, request to PO | Median days | P2P system | monthly | | | Savings realised | Contracted vs. baseline, confirmed by finance | Savings tracker | quarterly | | | Supplier on-time delivery | Deliveries on time / total | ERP receipts | monthly | | | Invoice first-time match | Invoices matched without touch / total | AP | monthly | | | Supplier risk coverage | Critical suppliers with current assessment / total | SRM | quarterly | |
A KPI without a source and a definition is a number nobody can reproduce.