Accounts Payable Key Benchmarks: Consumer Products/Packaged Goods Industry

Prepared using data from APQC’s Open Standards Benchmarking in accounts payable, this table highlights financial management key performance indicator (KPI) benchmarks for organizations in the consumer products/packaged goods 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.