Key AP and Expense Reimbursement Benchmarks at a Glance: Petroleum/Chemicals Industry

 

Details

Prepared using data from APQC’s Open Standards Benchmarking Accounts Payable and Expense Reimbursement 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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