Content Provided by Esker
10 Accounts Payable KPIs You Should Be Measuring
Accounts payable has become a real driver of profitability, and KPIs are the simplest way to measure and improve every step of the AP process. This ebook covers the 10 metrics that affect AP performance the most, including cost and time to process an invoice, electronic invoice adoption, PO match rates, exception rates, straight-through processing, early payment discounts, on-time payments and days payable outstanding (DPO). Each KPI comes with industry benchmarks from APQC, Ardent Partners and IOFM, plus best practices and results from real companies. Use it to see where your team stands against best-in-class organizations and where automation can close the gap.
- Practical AP KPIs to Measure
- Faster invoice processing
- Free accounts payable eBook
What you'll get
A practical guide to the AP metrics that matter most, with benchmark data, a DPO formula, best practices and customer results for each KPI.
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Benchmarks for cost and speed
See how your cost per invoice and processing time compare. Teams with little automation average $10.89 and 17.4 days per invoice; mature teams average $1.77 and 3.1 days.
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Fewer exceptions, more touchless invoices
Learn how to track invoice exception rates, PO match rates and straight-through processing. Highly automated teams see 59% fewer exceptions and around 80% touchless processing.
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Better cashflow and supplier relationships
Measure early payment discounts captured, on-time payments and supplier inquiry workload, and see how companies like Parts Town increased discount capture by 50%.
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A clear way to calculate DPO
See how your cost per invoice and processing time compare. Teams with little automation average $10.89 and 17.4 days per invoice; mature teams average $1.77 and 3.1 days.
Guide preview
AP KPI eBook