5 Accounts Payable KPIs Worth Tracking

Key Performance Indicators (KPIs) act as a compass for making informed, strategic business decisions and measuring company success. Are you tracking the right ones?

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What’s in the eBook?

KPIs are a simple and effective way to measure company performance and make sure every touch point in your accounts payable (AP) process is optimised and every user is held accountable. And if you’re tracking the wrong metrics, you may not be getting an accurate picture of your AP process and miss out on opportunities to maximise efficiency.

But have no fear! This eBook lays out the top five KPIs that every AP team should be tracking to boost productivity and profitability, and how an AI-driven solution can help gather vital data such as:


How much you’re paying to process a single invoice & how to mitigate those costs

The time it takes to process a single invoice & how to optimise workflow efficiency

The amount of time wasted on invoice exceptions due to non-standardised processes

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Work smarter, Not harder in your finance team

 

Esker's collaborative solution has not only brought our employees closer but our suppliers as well. We no longer spend time on manual data retrieval or looking for physical documents. I am now able to focus on key tasks with all the information i need in one place!
TAN BEE LING | ACCOUNTANT | GOLDBELL GROUP

 

Does your AP strategy have a blind spot? Find out Today.




About Esker

Esker is a worldwide leader in AI-driven process automation software, helping financial and customer service departments digitally transform their procure-to-pay (P2P) and order-to-cash (O2C) cycles.

Used by more than 6,000 companies worldwide, Esker’s solutions incorporate artificial intelligence (AI) technology to drive increased productivity, enhanced visibility, reduced fraud risk, and improved collaboration with customers, suppliers and internally. Founded in 1985, Esker operates in North America, Latin America, Europe and Asia Pacific with global headquarters in Lyon, France, and U.S. headquarters in Madison, Wisconsin. For more information on Esker and its solutions, visit www.esker.com.sg. Follow Esker on LinkedIn @EskerAsia and join the conversation on the Esker blog at blog.esker.com.sg