Empowering Efficiency with Insight-Driven Analytics

We provide 30+ analytics related to Accounts Payable.

The KPIs for Accounts Payable include metrics on invoice status and aging (such as open and overdue invoices, percentage overdue, and aging buckets), processing efficiency (including task duration, processing time, and invoice import trends), financial metrics (such as open invoice amount, cash requirements, AP closing trends, DPO, and discounts), automation insights (such as automated invoices by supplier and trends), fraud and risk management (including active, handled, and deleted risks), capture and processing efficiency (covering touchless invoice rates and total suppliers), and first-time right accuracy (with a focus on invalidated invoices and trends).

Advanced accounts receivable collections analytics involves tracking various Key Performance Indicators (KPIs) to optimize cash flow and improve collection efficiency. Key metrics include Days Sales Outstanding (DSO), which measures the average collection period, and the Collection Effectiveness Index (CEI), which assesses overall collections effectiveness. Aging report metrics highlight overdue receivables, while bad debt write-offs track uncollectible amounts. Other important KPIs include the Collection Rate, Promise-to-Pay Conversion Rate, and Dispute Resolution Time. Analyzing customer payment patterns, credit risk scores, and the cost of collections also provides valuable insights. Additionally, monitoring Invoice Dispute Rates, segmented collection performance, Cash Flow Forecast Accuracy, Average Days Delinquent (ADD), and Collection by Account Type helps refine strategies and address specific challenges in the collections process.