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Tag: Insights

Four hand fist bump over a table covered with paperwork, to signify an AP team and the performance metrics they need to succeed

5 Performance Metrics You Need for a More Successful AP Department

We know that Accounts Payable teams face many problems; staff retention, approvals taking too long resulting in late supplier payments and high invoice processing costs to name a few. These factors, and many more, can affect your team’s effectiveness. Measuring your AP performance metrics is therefore an integral step to creating a more successful AP department. You’ll see where processes need improvement, where your team can provide more value and where they can identify personal goals.

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