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Accounts payable

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Home > Finance > Accounts payable

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.

Freshbooks

Key Performance Indicators

% of invoices disputed
Percentage of invoices disputed.
This KPI is most used for:
Cost Leadership
Procurement, Accounts payable, Cobit Manage Third-party Services, Outsourcing
% of payable invoices without purchase order
Percentage of payable invoices that have not been matched to a purchase order.
This KPI is most used for:
Cost Leadership
Procurement, Accounts payable
Average monetary value of overdue invoices
Average monetary value of overdue invoices.
This KPI is most used for:
Operational Excellence
Accounts receivable, Accounts payable
Creditor days
Creditor days is the average time that a company takes to pay its creditors.
This KPI is most used for:
Operational Excellence
Accounts payable
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