Procurement Data & Reporting NIGP Webinar

In this video we explore key performance indicators, data-driven decision-making, and the role of AI in improving procurement processes. The conversation highlights the importance of transparency, stakeholder engagement, and continuous improvement in public procurement.

• Accurate, useful procurement data depends less on having lots of information and more on clearly defining what questions you’re trying to answer, then collecting only the data that serves those questions across the full procurement and contract lifecycle.
• Cycle time, spend under contract, and competitive participation are foundational KPIs because together they reveal where procurement processes are slowing down, how effectively spend is being managed, and whether the vendor market is healthy and competitive.
• Visibility and proactive alerts around contract value, expirations, and vendor performance shift procurement from a reactive “emergency response team” into an early‑warning, strategic function that can prevent compliance issues and support broader organizational goals.