Determining the appropriate benchmark for invoice processing expenses may vary depending on a company s size, industry, and operational structure. However, a widely accepted method for evaluating these costs is calculating the invoice processing cost per invoice.
This metric measures the total expenditure of processing a single invoice, including staff salaries, vendor fees, postage, printing, and related IT infrastructure costs. To obtain an accurate estimate, it is essential to consider all direct and indirect costs associated with the invoice processing workflow, such as data entry, document scanning, approvals, and accounting entries.