Benchmarking: Accounts Payable Management

Accounts Payable Management Benchmarking Consortium

To identify "Best in Class" accounts payable management processes, which, when implemented, will lead member companies to exceptional performance.

The Accounts Payable Management Benchmarking Consortium™ (APMBC™) is an association of companies whose members conduct benchmarking studies to identify the best practices surrounding Accounts Payable Management that improves the overall operations of the members.

Benchmarking is a collaborative learning process among a group of companies to focus on specific operating practices, compare measures and results and identify improved processes within their organizations.

Key Components

Data gathering in the form of detailed surveys of measures and processes;
Identification of best performers; and
Site visits to the best companies.
Benchmarking Looks at Best Practices

Internally among divisions;
Within the industry; and
Outside the industry - out-of-box.

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This service is provided by The Benchmarking Network, Inc., an international resource for business process research and metrics. We lead studies with over 140,000 process leaders in over 65 countries. We provide benchmarking training and research to individual companies, professional and trade associations, and industry and process based groups. Since 1992, our over 300 benchmarking studies have spanned virtually all processes and industries to identify measures and collect data.

Process Benchmarking Studies

We work to fit your process improvement needs on a variety of levels.

We access companies by:

  • Assembling groups of companies
  • Administering surveys and creating databases
  • Scheduling and leading site visits
  • Providing expert opinions of best practices

The Benchmarking Network sponsors a number of associations to gather people with common interests. Membership in the association is provided at no cost. As companies sponsor efforts, members are invited by the sponsors to participate. We do not disclose the names of the sponsors.

Only invited members are allowed to participate in a study. Participants also receive a summary of the study findings.