AP Benchmarking Best Practices

January 24, 2020

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Benchmarking is the process of improving performance by continuously identifying, understanding, and adapting your AP department's practices to best practices and processes found inside and outside your organization.  Benchmarking: Continuous Process Improvement In benchmarking, continuous process improvement is emphasized and benchmarking should not be a onetime event. Benchmarking is the most credible of all justifications for your AP department operations. Your managers will have little to…

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