Accounts payable
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The outstanding bills of an enterprise; money owed to suppliers for goods and services purchased for the normal operations of the venture. Accounts payable are included on the balance sheet under current liabilities. Key Performance Indicators
% of invoices disputed
Percentage of invoices disputed.
This KPI is most used for:
Cost Leadership
% of payable invoices without purchase order
Percentage of payable invoices that have not been matched to a purchase order.
Average monetary value of overdue invoices
Average monetary value of overdue invoices.
Creditor days
Creditor days is the average time that a company takes to pay its creditors.
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