Key Accounts Payable Benchmarks at a Glance: Petroleum/Chemicals Industry

 

Details

Prepared using data from APQC’s Open Standards Benchmarking accounts Payable survey, this table highlights financial management key performance indicator (KPI) benchmarks for organizations in the petroleum/chemicals industry.

Metrics provided include:

  • total cost to perform account payable per invoice processed,
  • percentage of disbursements that are first time error free,
  • days payable outstanding, and more.

 

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