• Current cost of the AP process

    • How many FTEs...

      If an FTE spends 20% of their time on any of the tasks below, enter 0.2
      Likewise if you have 1.5 FTEs performing the task enter 1.5
    • Results

    • Assumptions

      We have assumed an exception rate of 20% in our calculations above. This estimate is between 10% and 80% higher than the average exception rates per the Institute of Finance & Management 2021 Benchmarking report - World Class AP Performance: Effectiveness Benchmarking Metrics.
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