Latest AP Productivity Index: U.S. a World Leader in AP Efficiency
In a recent blog post, Diane Sears at AP Matters discusses the latest AP Productivity Index, a quarterly assessment of AP performance worldwide. In her post, Diane examines why the U.S. has the highest median score, outscoring the next highest region by 16.3 percent.
Diane rightly points to the fact that U.S. companies are mostly larger than those in other countries, meaning their accounts payable departments are often afforded access to more effective tools that foster greater AP efficiency. In our work with customers in all industries, we see the business-building benefits of AP automation technology in boosting AP process efficiency.
Beyond their organizational size, our customers achieve ultimate AP efficiency by first aligning their AP process to get the most out of their technology investment. They also recognize the importance of integrating our AP automation technology with their ERP solution. By achieving intelligent automation that puts process first, AP productivity is in the best position to soar.
