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Benchmarking - Measure your AP Performance
Before you make any changes to your processes, it’s crucial to know how your performance compares to your peers. The content in this section includes both measurement process and principles – why measure, what to measure and how to measure – as well as our latest data.
Featured Content
2023 Benchmarking Report: Benchmarking Overview
While every organization is different, understanding how well similar departments perform will help you plan your own unique path to process improvement. Benchmarking data won’t tell you how to improve, but it will shed light on where you stand to gain the most improvement. In the first of the 2023 series of three reports, we’ll discuss the demographics of this year’s respondent pool so you understand where the responses came from.
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2023 Benchmarking Report: Accounts Payable Performance
Accounts payable performance can be assessed in a number of ways. On the one hand, there are successes — paid on time metrics, DPO, discounts captured. On the flip side, there are measurements that track problems — PO-invoice mismatches, duplicate payments, corrections after entry into the system. This second report covers both side of performance metrics for this year's survey respondents.
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2023 Benchmarking Report: Automation Trends
The third and final report of our 2023 series explores automation, which continues to be a dominant narrative in the financial operations industry. How are accounts payable teams currently using it? What are their plans for the future? And finally, how savvy are they about the different types of technology out there?
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Latest
The third and final report of our 2022 series report analyzes the performance of our survey respondents in their AP processes. This will cover key… Read More
Assessing how your organization compares to others like it and then looking for the opportunities to improve allows you to streamline your operations… Read More
This second report covers the processes now in use by the survey respondents. This will provide some context for you so you can begin to determine… Read More
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