Benchmarking Report: Impacts of COVID-19 on AP Departments in 2020

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On-demand Webinar | Free

The COVID-19 pandemic has had dramatic impacts on businesses – including their financial operations teams. Benchmarking your AP team’s performance has never been more important. The baselines of what was “good” efficiency and effectiveness have changed as significant drops in invoice volume and expense reports led to layoffs and salary cuts.

Get a free, sneak peek at IOFM’s latest benchmarking data and learn how you compare to the performance of peers on metrics including:

  • Cost per Invoice
  • Invoices Per FTE
  • Paid on Time Rates

This year’s findings are also intended to provide a tactical and practical roadmap of your next steps. Based on an analysis of 30 common process characteristics, we will share what top-performing AP departments are doing differently.

The data will be presented by IOFM’s Jess Scheer, the author of this year’s benchmarking reports.


crop.JessScheer300x300.jpg.thumbnail-150px-square.150x150.jpegJess Scheer
Editor, IOFM

IOFM Editor Jess Scheer is an award-winning business reporter, focused on the intersection of accounting, finance and management. Before joining IOFM, Jess spent five years as a Process Consultant, helping organizations more effectively and efficiently manage end-to-end processes, including Procure-to-Pay and Order-to-Cash.

Jess is a popular speaker, keynoting IOFM’s annual conferences. His sessions draw on his experience helping organizations create effective measurement approaches, conducting custom survey projects, as well as personally managing several large-scale benchmarking programs.

Continuing Education Credits available:

Receive 1 CEU towards IOFM programs:

AP CertificationPP-OC_seal_APP_outline.FNLReceive 1 CEU towards maintaining any AP and P2P related program through IOFM! These programs are designed to establish standards for the profession and recognize accounts payable and procure-to-pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the financial operations body of knowledge.

Continuing Education Credits available:

Receive 1 CEU towards IOFM programs:

AR-certFinal-AOCReceive 1 CEU towards maintaining any AR and O2C related program through IOFM! These programs are designed to establish standards for the profession and recognize accounts payable and procure-to-pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the financial operations body of knowledge.

Thank you!

Thank you for registering for the on-demand webinar: Benchmarking Report: Impacts of COVID-19 on AP Departments in 2020. A confirmation email will be sent shortly with access to the on-demand materials.

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