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Benchmarking data for PO vs. non-PO invoices
March 28, 2023
Q. I am looking to benchmark the following information regarding processing PO Invoices versus Non PO Invoices. Would the Panelists be willing to share the following information?
1. Comparison in per unit cost to process PO invoices versus Non-PO invoices, and2. Comparison between PO and Non-PO invoices in number of days processing time
A.
(Answered by the IOFM Advisory Panel)
Our business model is different from most companies. Since we are technology-based we limit issuing purchase orders to…
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