The Top KPIs Every AP Team Should Measure


It’s often been said that you can’t improve what you don’t measure. This is especially true in today’s accounts payable (AP) departments. 

Yet this very department is where significant time savings and cost efficiencies can be made. Accounting is often wrought with inefficiencies and manual processes, being heavily reliant on paper and spreadsheets.

Setting and tracking KPIs can have multiple benefits such as cost reduction, risk mitigation, and business performance boosts. But what KPIs should AP teams measure? And what benchmarks should they set?

Download this free white paper to learn how to:

  • Set KPIs that align with your business strategy 
  • Interpret metrics and identify pain points 
  • Calculate how your team performs against key AP benchmarks 
  • Improve department-critical KPIs with AP automation 

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Beanworks AP Automation empowers your accounting team by reducing data entry and approval follow-ups, making your accounts payable more cost-effective and less prone to errors. You can strengthen controls...READ MORE