Track Four AP Metrics

There are certain high-level metrics

Accounts Payable
that Finance Managers should be
tracking if they want to stay on top
of their games.

METRICS 1 METRICS 2

Total cost to perform the AP process Number of invoices processed per

per invoice processed (cost) AP Full-Time Equivalent (FTE;
productivity)

$2.05 $5.78 24,284 9,483

$10.00 5000
Top performers Median Bottom performers Top performers Median Bottom performers

METRICS 3 METRICS 4

Number of AP FTEs per $1 billion in Cycle time in days from receipt of

revenue (efficiency) invoice until payment is transmitted.

3.3 6.8 12 15

14.4 23
Top performers Median Bottom performers Top performers Median Bottom performers