"Whoa, we are not so bad" in AP productivity

"Whoa, we are not so bad",  exclaimed a famous football club president facing his critics.  This, we are not so bad, is our conclusion after observing some of the results of a study carried out by mineraltree, a reputable American software company that offers solutions for AP automation.

Getting the most out of the Accounts Payable Department

Getting the most out of the Accounts Payable Department (part III)

This article is the third in a series of three, under the title "Getting the most out of the Accounts Payable Department", deals with the basic concepts that influence the productivity of Accounts Payable departments:

Getting the most out of the Accounts Payable Department (part I)

Effective management of working capital, defined as current assets minus current liabilities, is one of the oldest practices of financial management. Following this practise the maxim was developed that short-term needs should be financed with short-term cash; and long-term needs should be financed with long-term sources. The underlying goal for the business is therefore essentially to reduce operational risks and costs of financing.

Accounts Payable Indicators

3 essential indicators in Accounts Payable Management

A recent "Metric of the Month" from CFO.com shows us the damage that late payments can cause in the relationship between buyer and seller.  

 Adequately Measuring the Productivity of Accounts Payable

Adequately Measuring the Productivity of Accounts Payable

When it comes to understanding and evaluating the performance of the accounts payable area various metrics are normally used, but perhaps the most common and widespread is the number of invoices registered per employee in a period of time, normally a year.   

Treating exceptions and implementation of metrics

Treating exceptions and implementation of metrics

As the AP departments have been introducing automated solutions in invoice receipt and their automatic processing, the differencial in time dedicated to a correct invoice and one which presents incidents is greater and greater.  One of the most intensive tasks for personnel in the accounts payable department is the resolution of incidents (incorrect invoices).

The Indicators of Electronic Invoicing

The Indicators of Electronic Invoicing

In whatever sphere, but especially in the business world, it is important to base the decisions on trustworthy and effective parameters.  In this article we are going to look at some of the main values which form the indicators that can contribute to the description of the evolution of the electronic invoice.


Only 3 years ago in the IAPP 2010 report, we can see that 99.7% of the invoices were paper. The cost of archiving an invoice according to a Gartner study in 2002 was $20, while a badly archived invoice was $120.

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