AP Operational Metrics model

The Accounts Payable Operational Metrics model is designed to provide insights into the performance of a company’s accounts payable process. By providing key measurements to tracking and monitoring, the model can assist you in improving operational efficiency. The model shows counts of transactions, elapsed time and dates, and trends over time. It also provides an index to track the efficiency of the accounts payable process.

The model supports analysis of:

• Processing time
• Late payments
• Number of invoices vs number of payments
• Average number of invoice per employee
• Payment methods to ensure efficient transaction

M3 Analytics provides a configurable target value for the average days between invoicing and reconciliation.