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 optimized 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 maximize 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 optimize workflow efficiency
The amount of time wasted on invoice exceptions due to non-standardized processes
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“We've been thrilled with the results that Esker has delivered. Instead of focusing on data entry, our staff is able to work on tasks like proactive outbound calling to ensure a positive customer experience and increase revenue.”
Director of Customer Service | Amerock Hardware
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The proof is in the pudding - automation takes you farther.
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About Esker
Esker is a worldwide leader in cloud-based document process automation software, helping organizations of all sizes increase efficiency and deliver added value to their O2C and P2P business processes.
Since 1985, Esker has helped over 6,000 companies in their efforts to digitally transform business communications, with global headquarters in Lyon, France, and U.S. headquarters in Madison, Wisconsin.
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