Four Practical Steps to Measuring AP Performance

Jess Scheer

Continuing Education Manager, IOFM

Given a list of more than 20 options from which to select their biggest business needs, the only choices that garnered more than 25 percent of respondents in our latest AP survey were:

• Improving processes
• Automating manual processes
• Managing time/improving productivity
• Increasing on-time payments

While those are great goals for any AP organization looking to save money, it’s hard to turn them into action plans without knowing how much im…