Percentage of receipts automatically matched to open items in the accounts receivable sub ledger

This measure calculates the percentage of receipts automatically matched to open items in the accounts receivable sub ledger. It is part of a set of Process Efficiency measures that help companies optimize their "process accounts receivable (AR)" process by minimizing waste and refining resource consumption.

Benchmark Data

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Measure Category:
Process Efficiency
Measure ID:
102463
Total Sample Size:
1,872 All Companies
Performers:
25th Median 75th
- - -
Key Performance Indicator:
No

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Compute this Measure

Units for this measure are percent.

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Percentage of receipts that are automatically matched to open items in the accounts receivable sub ledger

Key Terms

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Process efficiency represents how well a process converts its inputs into outputs. A process that converts 100% of the inputs into outputs without waste is more efficient than one that converts a similar amount of inputs into fewer outputs.

Measure Scope

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Cross Industry (7.4)

  • 9.2.3.1 - Establish AR policies (10799)
  • 9.2.3.2 - Receive/Deposit customer payments (10800)
  • 9.2.3.3 - Apply cash remittances (10801)
  • 9.2.3.4 - Prepare AR reports (10802)
  • 9.2.3.5 - Post AR activity to the general ledger (10803)