Benchmarking Archive

Assessing how your organization compares to others like it and then looking for the opportunities to improve allows you to streamline your operations and maximize the contributions of AP. This is the… Read More

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 performance indicators like PO-to-invoice match… Read More

The first step in making the business case for any improvement is measuring current performance and gauging how much of an improvement is realistic. IOFM's latest benchmarking data enables you to… Read More

- What separates world-class AP teams from everyone else is a simple concept: process consistency, enabled by automation. Yet the latest IOFM benchmarking data shows many AP departments have… Read More

The first step in making the business case for any improvement is measuring current performance and gauging how much of an improvement is realistic. IOFM's latest benchmarking data enables you to… Read More

IOFM provided key performance benchmarks designed to enable comparison between your team’s efficiency and effectiveness versus that of your peers’. But, knowing how you stack up is only half the… Read More

High-performing AP teams aren’t just focused on paying invoices quickly. The key to their success is to striking a balance between efficiency and ensuring accurate payments. This report provides… Read More

In 2020, COVID-19 has caused massive disruptions to financial operations. It’s never been more important — nor more difficult — to benchmark your AP team’s performance. This report is… Read More

AP can really make an impact on the bottom line by capturing early pay discounts. This report will enable you to measure how successful your discount program is compared to your peers, as well as… Read More

High-performing AP teams aren’t just focused on paying invoices quickly. The key to their success is to striking a balance between efficiency and ensuring accurate payments. This report provides… Read More