Resource Library

Cycle time in days to resolve an invoice error

This measure calculates the number of calendar days (including weekends) it takes to resolve a detected invoice error. It is a Cycle Time measure that helps companies analyze…

Cycle time in hours to enter invoice data into the system

This measure calculates the number of hours it takes to enter invoice data into the accounts payable/invoicing system. It is a Cycle Time measure that helps companies analyze…

Cycle time in days from receipt of invoice until approved and scheduled for payment

This measure calculates the number of calendar days (including weekends) that elapse from receipt of an invoice until it is approved and scheduled for payment. It is part of…

Cycle time in days from receipt of invoice until payment is transmitted

This measure calculates the number of calendar days (including weekends) that elapse from the receipt of an invoice until actual payment is transmitted. It is a Cycle Time…

Cycle time in days to approve and schedule T&E reimbursements

This measure calculates the number of days to approve and schedule travel and entertainment (T&E) reimbursements. T&E expenditures are the reimbursable expenses employees…

Number of FTEs that perform the process "process expense reimbursements" per $1 million T&E expenditures

This measure calculates the number of full-time equivalent employees (FTEs) that perform the "process expense reimbursement" process, per $1 million travel and entertainment …

Number of invoice line items processed per FTE that performs the process "process accounts payable (AP)"

This measure calculates the number of invoice line items processed per full-time equivalent (FTE) employee that processes payments of operating expenses and other supplier…

Number of invoiced line items per $1,000 purchases

This measure calculates the number of invoiced line items per $1,000 purchases. An invoice line item is a single entry on an invoice. For example, an invoice for 10 red books…

Number of invoices processed per FTE that performs the process "process accounts payable (AP)"

This measure calculates the number of invoices processed per full-time equivalent (FTE) employee that processes payments of operating expenses and other supplier charges. An…

Number of T&E disbursements per "process expense reimbursements" FTE

This measure calculates the number of travel and entertainment (T&E) disbursements per full-time equivalent employee that performs the "process expense reimbursements"…

Percentage of disbursements that are first time error free

This measure calculates the percentage of disbursements that are error free the first time. A disbursement is a single remittance to a supplier of goods or services to pay…

Percentage of invoice line items matched with a purchase order

This measure calculates the percentage of invoice line items matched with a purchase order. An invoice line item is a single entry on an invoice. For example, an invoice for…

Percentage of invoice line items paid on time by the business entity

This measure calculates the percentage of invoice line items paid on time. An invoice line item is a single entry on an invoice. For example, an invoice for 10 red books at …

Number of disbursements per FTE that performs the process "process accounts payable (AP)"

This measure calculates the number of disbursements per full-time equivalent (FTE) employee that processes payments of operating expenses and other supplier charges. A…

Number of expense report line items per FTE that performs the process "process expense reimbursements"

This measure calculates the number of expense report line items per full-time equivalent employee that performs the "process expense reimbursements" process, which consists…