Accounts Payable and Expense Reimbursement Rapid Performance Assessment

Effort:
10 hours
Duration:
1 week
Task:
Quick process assessment

There may be a fee associated with this assessment, learn more.

Find out where your finance organization has opportunities to streamline processes, minimize cost, and improve effectiveness of processing payables by completing the Accounts Payable and Expense Reimbursement Rapid Performance Assessment.

Key measures in this brief assessment include:

  • Percentage of disbursements that are first time error free,
  • Total cost to perform the process accounts payable and expense reimbursements process group,
  • Cycle time to approve and schedule T&E reimbursements,
  • Percentage of invoice line items paid on time, and
  • Percentage of expense report exception line items. 

All submissions to APQC's benchmarking database, both Open Standards Benchmarking and Rapid Performance Assessments, must be collected using APQC's easy-to-use Microsoft Excel data collection instruments. Please download a fresh copy of the assessment file from the menu above by clicking the “Download Survey to Start Assessment” button.

Each benchmarking assessment offers an Excel-based data collection tool consisting of the survey itself, the measures associated with the survey, the glossary terms needed to understand the survey, and a copy of the Process Classification Framework (PCF) relevant to the data collection instrument. The consolidated data collection tool is intended to simplify the collection of benchmarking data within your organization.

How it works:

ASSESSMENT SUBMISSION GUIDE

ASSESSMENT SUBMISSION GUIDE - PROFESSIONAL SERVICES FIRMS

Once you have completed the data collection instrument, simply upload the file using APQC's secure file upload tool. Visit this URL to upload your file: https://zurl.co/8Rg92. If you are unable to connect to that web site, please contact the helpdesk for more information by sending an email to osb@apqc.org. Please do not send privileged, confidential, or non-public data to APQC via email. Please contact the helpdesk on osb@apqc.org if you have any further questions.

APQC analysts will immediately begin validation of your submission.

 

Download Survey to Start Assessment