Measuring Your AP Performance: Efficiency Benchmarks

The COVID-19 pandemic has had dramatic impacts on businesses – including their financial operations teams. Benchmarking your AP team’s performance has never been more important. The baselines of what was “good” efficiency and effectiveness have changed as significant drops in invoice volume and expense reports led to layoffs and salary cuts.

IOFM's latest benchmarking report enables you to compare your department to others AP functions with similar levels of automation and organizational structures.

 



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