Metrics Matter In 2023 they matter mre than ever.
In today's competitive business environment, having access to accurate and real-time metrics can be a game-changer. Establishing and measuring relevant metrics allows an AP organization to Understand its “current sate” while laying the groundwork for its desired “future state.” Tracking metrics enables continuous improvement programs to take hold and provides AP leaders with a better opportunity to set proper goals and objectives and ‘course correct” when achieving them in doubt.
Over the past decade, Ardent Partners has conducted more Accounts Payable market research studies than any other firm or consultancy in the industry. In that time, Ardent has benchmarked thousands of distinct organizations across all phases of the ePayables Framework — Receipt, Process, and Pay. Ardent Partners AP Metrics that Matter in 2023 is a compilation of te industry's best and most widely-used accounts payable benchmarks captured in Ardent's most recent state of the market report: The State of ePayables 2022: Mastering a Key Function at a Critical Time.