Analytics Executive Dashboards
Analytics Executive Dashboards were created to provide high-level information about the success of your AP Automation Process. Through these dashboards we provide insight to understand the benefits and challenges of your AP Automation Process and where improvements can be made.
Summarized information includes:
- Average Days to Complete
- Number of Touches to Complete
- Aging Summary
- PO/non-PO % + Total Amount
- AutoVouch Success
- AutoVouch Exception Reasons
- Discounts Taken vs. Available
We have added three new dashboards to both the Standard Dashboards and the Distribution Dashboards
- Past 30 days - allows you to look at the current value (for past 30 days) vs the prior 30 days at any point in time as the Prior month report is static for a month and then changes.
- Prior month – ability to review reporting metrics monthly providing easy access to the number instead of having to read it off a graph on the trends report.
- Trends – ability to review over the prior 12 months to determine if things are changing over time
Note: The Executive Dashboard widgets do not impact other widgets like they do on the other dashboards.
Standard Dashboards:
Distribution Versions:
Note: The distribution versions are the same reports just formatted to look better on 8.5x11 paper
30-Day
Monthly
Trends
Snapshot Metrics
| AutoVouch | |
| Metric | Calculation |
| # of AutoVouched Invoices | Number of invoices that AutoVouched |
| AutoVouch Success % of AutoVouch Candidates Only | (Number of invoices that AutoVouched) divided by the (Number of AutoVouch Candidates) |
| AutoVouch Success % of ALL PO Invoices | (Number of invoices that AutoVouched) divided by the (Number of PO Invoices) |
| AutoVouch Exceptions | (Number of invoices that had an AutoVouch Exception) by (Exception as a percentage of all invoices that had an exception) |
| Touchless AutoVouch % of AutoVouch Candidates Only | (Number of invoices that AutoVouched with 0 Touches) divided by the (AutoVouch Candidates) |
| Touchless AutoVouch % of ALL PO Invoices | (Number of Invoices that AutoVouched with 0 Touches) divided by the (Number of PO invoices) |
| # of AutoVouched Invoices | Number of invoices that AutoVouched |
| PO & Non-PO | |
| Metric | Calculation |
| PO + Non-PO Invoice Volume | Number of PO and Non-PO invoices |
| PO + Non-PO Invoice Total Amount | Sum of invoice amount for PO and Non-PO invoices |
| PO / Non-PO % by Amount | Sum of invoice amount for PO and Non-PO invoices as a percentage of the total |
| Capture Type % by Amount | Sum of invoice amount by Capture Type as a percentage of all invoices |
| Aging Liabilities | PO and Non-PO invoice total by due date range |
| PO | |
| Metric | Calculation |
| PO Invoice Volume | Number of PO invoices |
| PO Invoice Total Amount | Sum of invoice amount for PO invoices |
| Average Days to Complete PO | Average days between indexed data and completion date for PO invoices |
| Average # of Touches - PO | (Total number of Touches) divided by the (number of invoices) for PO invoices that were completed |
| Non-PO | |
| Metric | Calculation |
| Non-PO Invoice Volume | Number of Non-PO invoices |
| Non-PO Invoice Total Amount | Sum of invoice amount for Non-PO invoices |
| Average Days to Complete Non-PO | Average days between indexed data and completion date for Non-PO invoices |
| Average # of Touches – Non-PO | (Total number of Touches) divided by the (number of invoices) for Non-PO invoices that were completed |
Trends Metrics
| AutoVouch | |
| Invoice Volume & AutoVouch Trend | |
| Metric | Calculation |
| All Invoices | Combined Total of umber of PO and Non-PO invoices |
| PO Invoices Volume | Number of PO invoices |
| AutoVouch Candidate |
Number of PO invoices that meet AutoVouch Candidacy rules Typically this includes:
|
| AutoVouched | Number of invoices that AutoVouched |
| Touchless AutoVouch | Number of invoices that AutoVouched with 0 Touches |
| AutoVouch Success % of AutoVouch Candidates Only | |
| Metric | Calculation |
| AutoVouch Success | (Number of invoices that AutoVouched) divided by the (Number of AutoVouch Candidates) |
| Touchless AutoVouch | (Number of invoices that AutoVouched with 0 Touches) divided by the (Number of AutoVouch Candidates) |
| # of Invoices AutoVouched | Number of invoices that AutoVouched |
| AutoVouch Success % of ALL PO Invoices | |
| Metric | Calculation |
| AutoVouch Success | (Number of invoices that AutoVouched) divided by the (Number of PO Invoices) |
| Touchless AutoVouch | (Number of invoices that AutoVouched with 0 Touches) divided by the (Number of PO invoices) |
| # of Invoices AutoVouched | Number of invoices that AutoVouched |
| AutoVouch Exceptions | |
| Metric | Calculation |
| AutoVouch Exceptions | (Number of invoices that had an AutoVouch Exception) by Exception as a percentage of all invoices that had an exception. |
| AutoVouch Exception Trends | |
| Metric | Calculation |
| AutoVouch Exception Trends | (Number of invoices that had an AutoVouch Exception) by Exception over time |
| PO | |
| Metric | Calculation |
| Total Invoice Amount | |
| Invoice Amount | Sum of invoice amount for PO invoices |
| # of Invoices | Number of PO invoices |
| Average Day to Complete | |
| Metric | Calculation |
| # of Days | Average days between indexed data and completion date for PO invoices |
| # of Invoices Completed | Number of invoices that were completed |
| Number of Touches | |
| Metric | Calculation |
| # of Touches | (number of invoices that were completed) by Number of Touches |
| Average # of Touches | (Total number of Touches) divided by the (number of invoices) for PO invoices that were completed |
| Aging Liabilities | |
| Metric | Calculation |
| Aging Liabilities | Total by due date range for PO invoices |
| Discounts | |
| Metric | Calculation |
| Taken | Number of invoices that we assume the discount was taken because the invoice was paid by the discount date. |
| Available | Number of invoices that had a discount offered according to the payment terms |
| Non-PO | |
| Metric | Calculation |
| Total Invoice Amount | |
| Invoice Amount | Sum of invoice amount for Non-PO invoices |
| # of Invoices | Number of Non-PO invoices |
| Average Days to Complete | |
| Metric | Calculation |
| # of Days | Average days between indexed data and completion date for PO invoices |
| # of Invoices Completed | Number of invoices that were completed |
| Number of Touches | |
| Metric | Calculation |
| # of Touches | (number of invoices that were completed) by Number of Touches |
| Average Number of Touches | (Total number of Touches) divided by the (number of invoices) for PO invoices that were completed |
| Aging Liabilities | |
| Metric | Calculation |
| Aging Liabilities | Total by due date range for Non-PO invoices |
| Discounts | |
| Metric | Calculation |
| Taken | Number of invoices that we assume the discount was taken because the invoice was paid by the discount date. |
| Available | Number of invoices that had a discount offered |
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