How Many AP Employees are Needed?

Published On:

August 24, 2022

Authored By:

APQC

Public Content:

Accounts Payable (AP) is a critical process for any organization, but it should not take an army of finance professionals to carry out AP. Leading organizations use technology, process improvement, and shared service delivery models to reduce the number of FTEs needed for the process. With a more efficient AP process, top performers on this measure spend less on labor costs and free up time for finance professionals to carry out more value-added work.

This article reviews the metric "Number of FTEs that perform the process "process accounts payable (AP)" per $1 billion revenue and practices to help organizations become a top performer.

Type:

Articles

Topics:

Finance and Accounting, Accounts Payable

Available Tools:

APQC Process Classification Framework (PCF)

Assessments

How Many AP Employees are Needed?

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