Annual P2P Survey - 2017
RequiredRequired Question(s)
Progress: 
 

This is an important 8 minute (30 industry related questions) survey to uncover the trends and challenges in accounts payable and P2P practice. By taking part you are helping to shape opinion and add value to your industry. Used by government bodies and other organisations to benchmark and to plan for the future of P2P departments, your input matters and is greatly appreciated. Your responses will remain anonymous. All respondents will receive a copy of the report.

 

Everyone completing the survey will be entered into a prize draw to win a fabulous new iPad Mini and a weekend break for two. Good luck!

 

NB: Please continue to move forward in the survey, there is no facility to go back, and your responses will be lost. 

 
Section One - Current Processes Questions 1 - 17
 
Required 1.

How many invoices do you process on a monthly basis?

Under 500
501 - 5000
5001 - 7500
7501 - 10000
10,001 - 20,000
25,001 - 50,000
More than 50,000
Other  
Required 2.

What percentage of your processing is manual?

Less than 10%
Less than 20%
About 50%
More than 50%
More than 75%
It's all manual
Required 3.

What is the size of your AP department (how many FTEs)?

1 - 5
6 - 10
11 - 20
21 - 30
30+
Other  
Required 4.

Does your AP team sit within a wider Purchase to Pay (P2P) department? 

Yes, and we're headed up by a Head of P2P (or equiv)
Yes on the org chart, but we report to different executives
No, but we're working towards it
No and we have no plans to consolidate
  • Comment:

  • 500 characters left.
Required 5.

What are your options for invoice processing?

(tick all that apply)  

Email/PDF files
Scanning of paper invoices - upload to ERP system
Manual entry of invoice/PO via a web portal/form
Computer to computer exchange of e-docs between trading partners
Other  
  • Comment:

  • 500 characters left.
Required 6.

Which are the main barriers to further automation? 

(Tick all that apply)

Lack of resources (IT support, time etc)
Lack of budget
Lack of buy-in from senior management
ROI not good enough
Don't thoroughly understand solutions available
Current processes work well enough
Gaining supplier adoption
Concerned about adding another solution to existing services
Other  
  • Comment:

  • 500 characters left.
Required 7.

What do you consider to be the main reasons for AP Automation? 

 Least important Fairly important Most important   
Lower costs   
Improve compliance   
Reduce headline costs   
Time and efficiency savings   
Increase visibility along the workflow process   
Reduce risk   
Improve on-time payments   
Improve supplier relationships   
Required 8.

Which of the following does your organisation use?

(tick all that apply)

Scan and Capture
P-cards
e-Invoicing
Mobile apps for AP
OCR
Imaging & workflow technology
Dynamic discounting solutions
Traditional invoice finance (supply chain finance)
Supplier portal
Robotic Processing Automation (RPA)
Other  
9.

If you are not currently using some of the items above, which (if any) are you planning to use in the future? 

 

350 characters left.
Required 10.

Which metrics do you regularly measure?

(tick all that apply)

Days Payable Outstanding (DPO)
Auto match
Early discount capture rate
Supplier spend analysis
Duplicate payments
Exceptions rate
Cost per invoice
Invoices processed per FTE
Invoice transaction time (days)
% e-invoices v paper
Other  
Required 11.

How often are they measured?

Daily (constant monitoring solution)
Weekly
Monthly
Every six months
Annually
Other  
  • Comment:

  • 500 characters left.
Required 12.

What are your average payment terms?

(please give average actuals, not targets) 

Under 10 days
11 - 20 days
21 - 30 days
31 - 50 days
51 - 60 days
61 - 90 days
More than 90 days
Other  
13.

Have you heard of dynamic discounting? 


Yes
No
Required 14.

For invoices with early payment discounts, what % do you capture? 

0 - 5%
6 - 10%
11 - 20%
21 - 30%
31 - 50%
51 - 75%
76 - 90%
90% +
Don't know
  • Comment:

  • 500 characters left.
Required 15.

Roughly, what is your cost per invoice?

Definition: total departmental costs, including overheads and staffing, divided by the number of invoices processed annually. 

Less than £2
£2 - £5
£6 - £10
£11 - £15
More than £15
Don't, or can't calculate
Other  
16.
Would you consider implementing a "No PO, no Pay" policy?

Yes, we use one already and it's effective
Yes, it's in the pipeline
Yes, we use one already but it's ineffective
No
  • Comment:

  • 500 characters left.
Required 17.
How regularly do you/your organisation review or update your master supplier file?

Weekly
Monthly
Every six months
Annually
Ad hoc
Never
Don't know
Other  
  • Comment:

  • 500 characters left.