AP Processing Efficiency Dashboard

Meridian Industrial Supply Co. | Rolling 90-Day Period Ending Apr 30, 2024

STP Rate
68.4%
↑ 3.2% vs Q1
Avg Cycle Time
4.7d
↑ 0.3d vs Q1
Exception Rate
14.2%
↑ 2.1% vs Q1
3-Way Match Rate
81.6%
↑ 1.8% vs Q1
Cost per Invoice
$4.37
↓ $0.19 vs Q1
OCR Accuracy
94.8%
↑ 1.2% vs Q1

Invoice Cycle Time by Stage (Days)

Exception Rate by Vendor Segment

Approval Escalation Rate Trend

OCR Accuracy by Document Type

Duplicate Detection Funnel (90-Day)

Processor Throughput Heatmap (Invoices/Day, Last 13 Weeks)

W1
W2
W3
W4
W5
W6
W7
W8
W9
W10
W11
W12
W13
Chen, L.
52
54
51
53
48
52
42
50
53
54
52
51
53
Rodriguez, M.
47
49
46
48
44
47
38
46
49
50
48
47
49
Patel, S.
51
52
49
50
47
51
41
48
51
52
50
49
51
Kim, J.
43
45
42
44
39
43
35
42
45
46
44
43
45
Johnson, T.
48
49
47
48
45
48
39
47
50
51
49
48
50
50+ inv/day
45-49
40-44
<40

Invoice Aging & Open Liability (As of Apr 30, 2024)

Vendor Current 1-30 Days 31-60 Days 61-90 Days 90+ Days Total Open Status
Acme Industrial Parts $142,800 $28,400 $12,100 $3,200 $8,400 $194,900 Review
Global Supply Chain Ltd $218,300 $41,200 $6,700 $0 $0 $266,200 OK
Delta Manufacturing Co $98,700 $19,400 $14,300 $7,200 $5,100 $144,700 Review
Omega Logistics Group $167,200 $22,800 $4,100 $0 $0 $194,100 OK
Horizon Equipment Rental $54,200 $18,900 $21,400 $11,200 $14,600 $120,300 Urgent
Zenith Packaging Solutions $89,100 $12,300 $2,800 $0 $0 $104,200 OK
Premier Tech Services $123,400 $34,700 $8,900 $2,100 $0 $169,100 OK
Velocity Distribution Inc $76,800 $15,200 $9,700 $6,300 $3,800 $111,800 Review

KPI Summary Scorecard

Metric Current Target Variance Trend (QoQ) Status
Straight-Through Processing Rate 68.4% 74.0% -5.6 pp +3.2% Action
Invoice Cycle Time (Avg Days) 4.7d 3.8d +0.9d +0.3d Action
Exception Rate 14.2% 11.0% +3.2 pp +2.1% Urgent
PO Three-Way Match Rate 81.6% 85.0% -3.4 pp +1.8% Action
Approval Escalation Rate 8.3% 6.0% +2.3 pp +0.7% Action
OCR Accuracy Rate 94.8% 96.0% -1.2 pp +1.2% On Track
Duplicate Detection Rate 99.4% 99.5% -0.1 pp +0.2% On Track
Processor Throughput (Inv/FTE/Day) 48.2 52.0 -3.8 -1.4 Action
Invoice Aging >30 Days (% Open) 18.7% 15.0% +3.7 pp +1.2% Action
Cost per Invoice Processed $4.37 $3.80 +$0.57 -$0.19 Action