Whitepaper

Measuring the Success of Accounts Payable: Tracking the Critical KPIs

The old adage is true: if you don’t measure it, you can’t improve it. Measuring success in accounts payable can be deceptively complex. Just because vendor invoices are getting paid doesn’t mean that your AP process is optimized for efficiency and value. Determining if your AP process is as successful as it could be requires monitoring some key performance indicators (KPIs), each uniquely weighted to reflect what matters most for your business.

This whitepaper highlights the importance of key accounts payable KPIs like:

  • Accounts Payable Cost per Invoice
  • Average time to Approve Invoice
  • % Spend by Payment Methods

Please complete the form to download.

*required

Related resources

Whitepaper

Research Report: Defining Modern Accounts Payable

The ‘Defining Modern Accounts Payable’ survey compiles responses from hundreds of account payable professionals across industries and seniority levels. The purpose of this report is to determine what constitutes a Modern AP Process and compare performance of Modern AP Processes to Non-modern AP Processes.

View Whitepaper
whitepaper-cfo-automating-ap

Whitepaper

Automating Accounts Payable: What CFO’s Need To Know

Progressive CFOs are looking to implement tools and processes to elevate the AP function. This eBook explores key issues that CFOs need to consider when revamping the invoice-to-pay process.

View Whitepaper
essential guide to ap compass

Whitepaper

The Essential Guide to Accounts Payable

Inefficient processes and fraud within accounts payable can be a drain on a company’s time and money. On the other hand, AP can foster beneficial vendor relationships, improve accounting processes, increase cash flow and generate additional revenue. The difference lies in the priorities set by the AP team.

View Whitepaper