Accounts Payable KPI
Accounts payable KPIs in key performance indicators of accounting management
1. Average monetary value of invoices outstanding
2. Total sum of monetary value of outstanding invoices.
3. Invoicing processing costs
4. Number of invoices outstanding in measurement period.
5. Percentage of invoices disputed.
6. Average monetary value of overdue invoices.
7. Total monetary value of overdue invoices.
8. Accounts Payable
9. Money owed (payable) to suppliers for goods or services purchased on credit that must be paid within a year.
10. Number of overdue invoices i.e. invoices that have not been paid before their payment date.
11. Discounts Lost : Cost of passing up discount by paying invoice after discount period.
12. Creditor days: Creditor days is the average time that a company takes to pay its creditors.
13. Average cycle time (e.g. in days) to resolve invoice errors.
14. Percentage of electronic invoices.
15. Percentage of low value invoices
16. Percentage of invoices under query.
17. % of invoices requiring special payment
18. Percentage of payable invoices that have not been matched to a purchase order.
19. % effectiveness in payables management
20. Accounts Payable Turnover
21. This ratio shows how many times in one accounting period the company turns over (repays) its accounts payable to creditors.
22. Days Payable: This ratio shows how many days it takes to pay accounts payable.
Accounting KPI Contents