Accounts Payable Metrics that Matter in 2019
Do you know how much time and money your accounts payable department spends on processing and paying invoices?
Are you able to access valuable data that will help capture discounts and reduce exceptions?
Have you adopted automation across the entire procure-to-pay process?
If you answered “no” to any of these questions, then you should register for this live webinar, “Accounts Payable Metrics that Matter in 2019.”
This joint event between Corcentric and Ardent Partners will illustrate how to benchmark your AP performance against best-in-class departments and how AP automation can help take your department to the next level. The webinar will reveal that:
- The average cost to process an invoice is $11.57, yet best-in-class organizations experience a 5 times lower cost to process an invoice
- The average time to process an invoice is 8.6 days, yet best-in-class organizations experience a 5 times faster invoice processing time
- A big challenge is that 24% of AP staff time is spent handling exceptions
- When it comes to improving performance, 67% of all enterprises believe that “smarter systems” are the key to driving more efficiencies
Discover how your department stacks up by attending this webinar.