Skip to main content
  • Spend insights

Benchmark against peers

Find out what is normal for a company like yours. The assistant benchmarks your spend mix, expense process, card programme and product adoption against comparable companies, then ranks your own entities against each other on the process-quality measures so you can see which one is carrying the gap. When your accounting or ERP system is connected to the assistant, the same answer also compares your whole-company spend with the ledgers of similar companies and estimates what you could save with Payhawk.

How it works

  1. Compares your spend mix, process speed and product adoption against similar companies.
  2. Ranks your own entities against each other on the shared process-quality measures to show where the gap is.
  3. Leads with the two or three findings big enough to act on, and ends on one concrete next step.
  4. Reads the P&L and supplier totals from your accounting or ERP system when it is connected to the assistant, and adds to the same answer how your whole-company spend compares with the ledgers of similar companies and an estimate of what you could save. Without that connection, it suggests making one.

Common questions

What does the assistant take from our accounting system?

Only account, supplier and bank account names, as your system holds them, with their totals. The assistant changes nothing in your accounting system, and transactions, invoices, account numbers and IBANs are never sent to Payhawk.