Most organizations have developed key performance indicators and metrics to help monitor and manage various aspects of their business. Over 50 years ago, Peter Drucker, the father of modern management, said it best: "If you are not measuring it, how can you manage it?" While most organizations use metrics, some get so caught up in collecting and presenting the numbers that they lose sight of the purpose.

The free white paper below addresses why you need metrics, presents a framework to develop them and presents ten key metrics that every accounts payable organization should use.