How do you stack up to your peers?

Try out our AP Efficiency Benchmark Calculator to learn how similarly sized companies in your industry with the same ERP system perform on the most important accounts payable KPIs. Start now by entering a few details below.
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2. Your ERP

3. Your annual invoice volume

10K to 50K
50K to 100K
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More than 500K
100K to 500K

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PO-based invoices
Non-PO / expense invoices

Touchless rate (%)

Automatic distribution rate (%)

100%
75%
50%
25%
0%

Invoice processing lead time (days)

100%
75%
50%
25%
0%

Invoice processing lead time (days)

Touchless rate (%): % Invoice processing lead time: days days Touchless rate (%): % Invoice processing lead time: days Touchless rate (%): % Invoice processing lead time: days Automatic distribution rate (%): % Invoice processing lead time: days Automatic distribution rate (%): % Invoice processing lead time: days Automatic distribution rate (%): % Invoice processing lead time: days

*Note that the industry average figures might not be adjusted to industry, size and ERP

Industries

ERP

Definitions - accounts payable process KPIs:

  • Touchless rate – the percentage of your invoices processed through a fully automated workflow with no user intervention at all, also referred to as automation level.
  • Automatic distribution rate – the percentage of your invoices that are automatically distributed to the correct approver within the organization by the accounts payable solution.
  • Invoice processing lead time – the number of days it takes for an invoice to be processed, from import into the accounts payable system to posting in the ERP.