Research Reports

This exclusive IOMA study reveals clear, concise benchmark data to help you set productivity goals and control A/P costs.

Dedicated solely to AP department benchmarks, this comprehensive guide is a gold mine of guidance for you. Based on responses from managers of accounts payables departments across the United States, it covers everything you need to know, including: :

• What benchmarks to use when setting best practice goals
• What the right AP staff size is for your size company
• What the average, median and best practice cost of processing an invoice
  is – by size of company and by level of automation
• What you should expect in terms of AP staff productivity and error rates
• What the incidence of check fraud is by industry and size of company
• What it costs to process a T&E payment
• Benchmarks for vendor discount policies and use of P-cards
• How automation affects AP costs, error rates and productivity
• Benchmarks for days to process an invoice and frequency of check runs

You'll get the industry's most exhaustive research on AP department staffing, error rates, costs and productivity to help you compare your performance and costs and set goals for a more effective year.