Invoice Processing Time Calculator
Measure your invoice cycle time from receipt to payment. Compare against industry benchmarks and identify improvement opportunities.
Best-in-class organizations process invoices in 3-4 days. The average is 10-15 days, and laggards can take 30+ days. Understanding where your time goes is the first step to improvement.
How It Works
Enter the time spent at each stage of your invoice processing workflow. We calculate your total cycle time, identify your biggest bottlenecks, and compare you to industry benchmarks.
Input Your Data
Days from invoice receipt to entering into system
Days to code invoice to correct accounts
Days to complete 3-way matching
Days waiting for approval
Days from approval to payment execution
Additional days when exceptions occur
Percentage of invoices with exceptions
Your Results
How We Calculate
Average Cycle Time = Clean Cycle Time + (Exception Days × Exception Rate). Best-in-class: 3-4 days, Average: 10-15 days, Laggard: 25+ days.
Cut your processing time by 80%
See how Nexus AP customers process invoices in 3 days or less.
Frequently Asked Questions
What is a good invoice processing time?
Best-in-class organizations process invoices in 3-4 days. The industry average is 10-15 days. If you're taking longer than 15 days, there's significant room for improvement.
Where do most delays occur?
The biggest bottlenecks are typically: waiting for approvals (especially when approvers are traveling), exception handling and resolution, initial data entry from paper invoices, and matching to POs.
How does automation reduce processing time?
AP automation eliminates manual data entry (instant with AI), routes approvals to mobile devices, auto-matches invoices to POs, and flags exceptions immediately rather than at payment time.
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