Metric of the Month

July 2021: Cost Per Invoice

June 28, 2021


Something we’ve been talking a lot about lately is “type of decision-making.” This simply refers to how decisions are made about processing AP work. Do the individual processors decide how to prioritize and organize their work (desk-level)? Are those decisions made by department management (department-level)? Or are they determined based on end-to-end P2P considerations (P2P-level)? And why does that matter? This graph answers that question.

Source: IOFM 2021 Benchmarking Report, “Maximizing Your Automation ROI”

Want more benchmarking data? Go to the Benchmarking section of Members can download the IOFM 2021 Benchmarking Reports, and if you’re not a Member yet, schedule a demo to get free access.

Subscribe to our Monthly Insider

You may unsubscribe from our mailing list at any time. Diversified Communications | 121 Free Street, Portland, ME 04101 | +1 207-842-5500