Accounts Payable Practices Report: Financial Services/Banking Industry

APQC conducts ongoing survey research on accounts payable and expense reimbursement performance to help organizations assess the structure, performance, and practice of their finance functions against peers across industries.
The research gathers metrics, as well as information on practices and drivers, from APQC’s Open Standards Benchmarking® data in Accounts Payable and Expense Reimbursement.
This report highlights practices insights from the survey related to data and information standards, finance tools, and technology implementation from 2024 in the financial services/banking industry. An overview of the metric benchmarks can be found in APQC’s Accounts Payable Key Benchmarks Collection.