Benchmarking daily invoice entry process

January 6, 2022


Q.¬†Our accounts payable team is currently looking for ways to track the real-time, daily entry of invoices. How do you benchmark your performance at your company? And what metric do you use? A. (Answered by the IOFM Advisory Panel) ----- We have a report that is automatically runs at the end of the day that shows how many invoices and what kind of invoices were processed (invoices, check requests, uploads). ----- We have reports that we can run based on entry date that counts number of invoices…

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