A market study conducted in Spain, under the direction of easyap, reveals that 87.9% of companies have not implemented methods to measure the efficiency of their Accounts Payable departments.
Even more surprising is the fact that 43.2% do not know exactly how many supplier invoices they process annually. The importance of the Accounts Payable Department in cost containment and supplier satisfaction makes it essential to monitor key indicators that ensure maximum efficiency in the department.
