Accounts Payable Key Benchmarks: Retail and Wholesale Industry

Published On:
October 29, 2021
Authored By:
APQC
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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 retail and wholesale 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.