On-Demand Goby Webinar
Metrics that Matter: Identifying KPIs & tracking progress toward extraordinary AP
What do the following all have in common?
- Low average cost to process a single invoice
- 23,000+ invoices processed annually per FTE
- Duplicate invoice rate below 1%
- On-time payments for more than 96% of invoices
- Early-payment discounts captured 85% of the time
If your answer was “They’re similar because I don’t think my organization can achieve them!”, then you’re probably not alone. For many AP leaders, these benchmarks may seem like science fiction, but best-in-class accounts payable departments are already achieving these metrics through meticulous planning, goal-setting, and tracking.
View our webinar recording of Helee Lev, Goby’s CRO, discussing the ways that setting relevant, realistic goals and accurately tracking your progress can provide you with a roadmap to extraordinary performance and a best-in-class accounts payable department.