Accounts Payable Metrics that Matter in 2020

Need to improve AP efficiency? First, you need data! Your AP team might already be tracking plenty of metrics, but are they tracking the right metrics?

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What’s in the report?

This report is a compilation of the industry’s best and most widely used AP benchmarks captured in Ardent’s most recent market report: Accounts Payable Metrics that Matter. It outlines which metrics are most meaningful for tracking AP performance and how an AI-driven automation solution can help easily measure them to ultimately achieve:


6X lower invoice processing costs by eliminating the use of paper-based invoicing
3X faster invoice processing time with 3.4X more being touchless
Increased operational efficiency with 57% lower invoice exceptions

 

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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 11,000 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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