As Ardent Partners say, metrics matter. And they've put forward a very compelling argument for why they matter today more than ever.
Their report, Accounts Payable Metrics that Matter in 2024, is very positive, for the most part. Despite sizable challenges for nearly all sectors globally, AP teams are feeling confident.
Stress factors like supply chain disruptions, inflation and possible recessions actually give AP the opportunity to step up and play a more strategic role. The stats in this report certainly illustrate this position shift.
The report is based on a survey of 190 AP and F&A leaders and was led by Ardent Partners' Chief Research Officer. It packs a punch. Read it to find out:
- Why AP's 'Age of Innovation' has begun
- AP leaders' top priorities for 2024
- Electronic vs Manual for payments and invoicing – in numbers
- Major KPIs among the respondents, including invoice processing time, straight-through processing rate, and invoice exception rate
- The 5 Pillars of Best-in-Class and what they look like in 2024
Download this report today to help you hone your AP goals – and DELIVER.
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