Goals are changing in 2025. Cost reduction is front and center – but so is risk mitigation. And linked to these needs are visibility, accuracy, productivity, and time efficiency.
This well-timed report lists 10 KPIs that will help AP teams measure and improve key areas of focus. Here are two biggies:
- Cost to process a manual invoice: $10.89*
- Time taken to process a manual invoice: 17.4 days**
- Cost to process an automated invoice: $1.77*
- Time taken to process an automated invoice: 3.1 days**
To discover the other 8 vital AP KPIs, as well as what best-in-class looks like, read 10 Accounts Payable KPIs You Should Be Measuring.
* Total Cost to Process Accounts Payable per Invoice Processed. August 9, 2024. APQC.
** The State of ePayables 2024: Money Never Sleeps. 2024. Ardent Partners
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