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Metrics that Matter: 10 Business Critical AP Metrics for the Competitive CFO

10 Business Critical AP Metrics for the Competitive CFO

10 Business Critical AP Metrics for the Competitive CFO

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For CFOs, metrics are a top priority. They’re the driving force that helps them to focus and optimize sales and revenue and generally keep the business moving towards similar strategic goals. However, accounts payable (AP) operations oftentimes get overlooked when it comes to examining metrics even though this information has a direct effect on working capital, the cost and effectiveness of the procure-to-pay (P2P) process, and supplier relationships.

Download our whitepaper and learn why and how to measure AP metrics including:

  • PO-based invoice volumes

  • Paper vs. electronic invoice amounts

  • Average cost per invoice

  • Number of supplier inquiries

  • Late payment percentages