There are infinite number of KPIs and AP department can track. And that’s part of the problem…more is not necessarily better. From our experience, you can’t go wrong with these five:
- Cost to process a single invoice
- Time to process a single invoice
- Number of invoices processed per day per AP clerk
- Percentage of invoices linked to a Purchase Order (PO)
- Invoice exception rate
Download this eBook to read more about the 5 AP KPIs worth tracking and how to maximise results with real-time analytics and dashboards.