Prepared using APQC's Open Standards Benchmarking in accounts payable survey, this table highlights Accounts Payable and Expense Reimbursement (APER) key performance indicator (KPI) benchmarks for organizations in the media and entertainment 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.