Accounts Payable Key Benchmarks
Prepared using data from APQC's Open Standards Benchmarking in accounts payable and expense reimbursement, this table highlights financial management key performance indicator (KPI) benchmarks for organizations in various industries.
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.