Invoice Processing and Payment Cost Calculator

Invoice Processing and Payment Cost Calculator

One of the greatest pains for accounts payable is the processing, approving, and paying of supplier invoices. One metric many companies are measuring their effectiveness and efficiency around is the “cost per invoice.” Analysts such as Aberdeen Group and Paystream Advisors have discussed best-in-class cost-per-invoice metrics as $5 or lower. However the industry range for invoice processing is fairly broad – anywhere from $5 to $15-20 per invoice – with most companies at about $12.

  You Take Control

– Setup your own exchange rate and commission structures

– Add your own pay-in or pay-out agents

– Alternatively, use our own extensive network of agents

– Run real-time reports

– Approve or decline transactions while on the go with just one click