To move your company forward, you need to chart where you’ve come from. Benchmarks from APEX can help.
As part of our commitment to compile and share a growing knowledge base of Accounts Payable Best Practices, APEX offers two complimentary benchmarking surveys meeting key invoice and payment processing volume metrics, to assess where your company stands in comparison to other “best in class” industry leaders.
The Commercial Benchmarking Survey for A/P Best Practices was designed to provide a highly objective assessment of a company’s accounts payable performance. It also aims to identify emerging best practices, and quantify the high standards of achievement by premier organizations in the areas of A/P Infrastructure, Cash Management, Processing and Automation, Payables Controls and Risk Management.
The Retail Recovery Audit Best Practices Benchmarking Survey represents one of the most extensive surveys that focus on the retail recovery audit discipline. Respondents to the survey include retailers in grocery, mass merchandise, specialties such as books, pet supplies and DIY home improvement . The survey evaluates such areas as recovery audit approach, staffing & qualifications, claims processing, use of technology, audit guidelines, key performance indicators, scope of audit, among others.