In the creditors benchmarking club, we collect the transactional volumes and processing costs (wherever they occur in the organisation) for all methods of processing and payment of the organisation’s creditors (excluding refunds of Council Tax and NDR, and payments of benefits where handled outside of the creditors function).

This is further analysed by:

  • source of invoices e.g. consolidated, feeder system etc
  • invoices paid within 30 days
  • purchase orders
  • methods of payment used

This enables informed comparisons to be made of the processing cost per invoice, the overall cost to an organisation of its creditor function and also highlights differences of approach.

What do you get?

Join and you'll benefit from:

  • clearly defined and well-presented questionnaires
  • helpline and e-mail service
  • detailed comparative reports
  • club database, interactive report, collated text questions
  • access to review meetings.

Complete the 2016 membership form

Find out more

Creditors Example Questionnaire 2015

PDF 229 KB

Download now

Creditors Example Report 2015

PDF 720 KB

Download now