Benchmark performance
See if you paid the right price
Our data shows how your purchases compare to market prices, whether in our platform or yours.
Let's get startedVesper Price Index
Sample prices for illustration. Not official VPI values.
Our Users
Trusted by modern FMCG
Benchmarking
Budget vs market; both, not either/or
Do you benchmark purchases against one or the other? Both. Budget tells you if you stayed within plan; market tells you if you paid the fair price on the day. Budgets are often set 12 to 18 months in advance, while markets move weekly. Vesper makes benchmarking a breeze by giving access to independent benchmarks for the ingredients you buy.
Discover Vesper forecastsHow to benchmark performance
Four steps to measure every purchasing decision
Set up your portfolio view
Create a dashboard for the products you buy. Track spot prices, forward curves, and benchmarks side by side for every ingredient in your portfolio.
Learn moreAdd your purchases
After purchases are done, use an independent market source to compare your price against what the market was doing on the day you bought.
Try it nowShare Vesper graphs
Share graphs with the latest purchase prices using one-click downloads. Drop into a slide deck or share a live link so stakeholders can explore the data.
Learn moreAutomate it
Use the Excel plugin for 1-click refresh, connect the API to enrich your ERP or BI data, or set up raw CSV exports so every purchase is benchmarked automatically.
Get startedIntegrations
Make it systematic
Stop spot-checking. Get benchmarks where your team already works. Native Excel integration: 1-click refresh all market data in your spreadsheets. API connections: enrich every purchase order with a market price for the date you bought.
"Implementing the API has significantly improved efficiency, saving at least a full day of manual data entry while also reducing the risk of errors."
Harm van der Horn
FrieslandCampina
Use cases
Check out more use cases
Verify any price instantly
Cross-reference supplier quotes against independent benchmarks and know immediately if a deal is fair.
Justify decisions
Pull the facts, build the story, and share data-backed rationales that win Finance and leadership buy-in.
Know when to buy
Pair AI forecasts with expert analysis to identify the right moment to lock in contracts or hold off.
What we track
Coverage across 20+ commodity markets
20,000+ price series across every major ingredient and material category. If your team buys it, Vesper likely benchmarks it.
Grains & oilseeds
Soft commodities
Industrial & inputs
Your tour of the platform
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FAQ
Frequently Asked Questions
What does it mean to benchmark procurement performance?
Benchmarking procurement performance means comparing the price you paid against an independent market reference on the day you bought. This tells you whether you captured value relative to market conditions, separately from whether you stayed within your annual budget.
Why is budget benchmarking not enough?
Budgets are typically set 12 to 18 months in advance, while commodity markets move daily. A purchase can be within budget but still significantly above market, meaning you left money on the table. Vesper provides the live market context you need to assess performance in both dimensions.
Which benchmarks does Vesper use for performance tracking?
Vesper aggregates public data from futures exchanges and price reporting agencies, provides access to partner indices, and publishes the Vesper Price Index (VPI) for specialty ingredients that lack public coverage. You can benchmark your purchases against whichever reference is most appropriate for each ingredient.
Can I connect Vesper to my ERP or BI tools?
Yes. The Vesper API lets you pull market prices directly into your ERP, BI platform, or data warehouse. You can enrich every purchase order with the market price on the transaction date, creating a complete benchmark record without manual work.
How does the Excel integration work?
Vesper for Excel is a native Excel add-in that lets you pull live and historical market data into your spreadsheets with a single click. It refreshes automatically whenever you open the file, so your benchmarks are always up to date without any copy-pasting.
Can I track benchmarking performance over time?
Yes. Vesper retains historical market data, so you can look back at any purchase and compare it to what the market was doing at that time. This lets you build performance trend reports across quarters and identify patterns in your buying outcomes.