Key Accounts Payable Benchmarks at a Glance: Financial Services/Banking Industry

 

Details

Prepared using APQC's Open Standards Benchmarking in accounts payable survey, this table highlights Accounts Payable and Expense Reimbursement (APER) key performance indicator (KPI) benchmarks for organizations in the financial services/banking industry.

Metrics provided include:

  • total cost to perform account payable per invoice processed,
  • percentage of disbursements that are first time error free,
  • cycle time from receipt of invoice until payment is transmitted, and more.

Comments (0)

The content of this field is kept private and will not be shown publicly.
  • You may post PHP code. You should include <?php ?> tags.

More information about formatting options