Our ERP Blog

Sample Process Metrics

Written by Peter Heinicke | Tue, Jan 18, 2011 @ 05:46 PM

Accounts Payable

  • Number of invoices processed

  • Number of check requests processed

  • Number of lines of data entered into the system

  • Number of A/P checks issued

  • Number of recurring payments

  • Number of incoming voucher errors

- Missing or incorrect account coding

- Missing documentation

- Lacking proper approvals

  • Number of invoices requiring adjustment after being input in the system

  • Cycle Time - number of days

- Invoice date to approval date

- Approval date to receipt by A/P

- Receipt by A/P to payment

  • Number of payment templates setup in the system

  • Number of invoices received electronically

  • Number of payments made electronically

  • Number of vendors listed in the vendor master file

  • Number of manually processed A/P checks

  • Number of voided A/P checks

  • Number of checks requiring a manual signature