Accounts Payable Key Benchmarks: Food and Beverage Industry

Published On:
April 16, 2024
Authored By:
Members-Only Content:

Prepared using data from APQC's Open Standards Benchmarking accounts payable, this table highlights financial management key performance indicator (KPI) benchmarks for organizations in the food and beverage 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.