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    Benchmarking Reports:

     Cost to Process

     Processing Time

     # of Vendors

     Check Run Frequency

     Payment Errors

     Invoice Errors

     Electronic Invoices

     Outsourcing

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Benchmarking

Percentage of Electronic Invoices

Electronic Invoicing Trends - IAPP BenchmarkingAutomation increases with size of firm. The information from the latest IAPP research reports that less than 10 percent of firms with fewer than 1,000 employees and less than 20 percent of firms with fewer than 15,000 employees have implemented e-invoicing. Large firms are quickly converting to electronic invoicing to reduce their processing costs; however, mid- to small-firms are delaying investments in e-invoicing until the cost of implementation becomes more affordable.

 

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