Cost to Process Accounts Payable



A growing number of organizations are investigating the benefits of streamlining and automating accounts payable (AP) processes. The goals are not surprising: cost reduction, greater speed, and lower error rates. The pioneers, however, are out in front of the pack. They imagine new ways in which they can turbo-charge stakeholder satisfaction through novel benefits that customers will wonder how they ever lived without.

This article features a key performance indicator for accounts payable. It includes the latest AP performance comparisons from APQC’s Open Standards Benchmarking® database and can show you where your organization stands in relation to its peers, helping you identify potential areas for improvement.

Comments (0)

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <i> <b> <u> <p>
  • Lines and paragraphs break automatically.

More information about formatting options

By submitting this form, you accept the Mollom privacy policy.