Survey Reveals Disconnect Between Procurement Officers and CFOs Over Shared Metrics
A survey of over 2,005 procurement leaders in the U.S. and U.K., conducted by contract lifecycle management firm Agiloft (ticker: not listed), found that one in ten respondents reported no shared metrics between chief procurement officers and CFOs. This lack of alignment is cited as a major obstacle to closing the gap between negotiated savings and realized financial outcomes, with other barriers including limited visibility into contract data and manual processes leading to unaddressed exceptions. The survey also revealed mixed relationships: 61% described their relationship with finance leadership as collaborative during budget cycles but operating on separate scorecards daily. Only 29% said they had tightly aligned teams with shared KPIs, while just 1% reported completely siloed operations. Agiloft's chief product officer emphasized that the lack of contract compliance enforcement is a controllable risk area where CFOs can capture additional value by addressing maverick spend and improving tracking systems.