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With paper-based AP in decline, improved finance efficiency begins with capturing key metrics

David Gumpert Profile Picture David Gumpert 1,290

You want to improve accounting operations, particularly in accounts payable, but you're not quite sure where to start or how to measure your success.

A key way to improve your finance operations is to start by identifying and capturing simple metrics that drive efficiency, said Henry Ijams, managing director, PayStream Advisors, during a recent MSDynamicsWorld.com webcast. That efficiency boils down to asking the right questions about an organization's operations in terms of some popular things like timeliness and customer service.

"So in a nutshell, how efficient is your operation? [There are]...

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