10 Accounts Payable KPIs You Should Be Measuring
Accounts payable has become a real driver of profitability, and KPIs are the simplest way to measure and improve every step of the AP process. This ebook covers the 10 metrics that affect AP performance the most, including cost and time to process an invoice, electronic invoice adoption, PO match rates, exception rates, straight-through processing, early payment discounts, on-time payments and days payable outstanding (DPO). Each KPI comes with industry benchmarks from APQC, Ardent Partners and IOFM, plus best practices and results from real companies. Use it to see where your team stands against best-in-class organizations and where automation can close the gap.