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Accounts payable statistics

Benchmarks for invoice processing, taken from the published report rather than from summaries of it. That distinction changed a figure: write-ups of this report circulate an exception rate of 22% and the report itself states 14%.

Sources confirmed August 2026.

Cost and time per invoice

  • $9.40

    The average accounts payable organization spends $9.40 to process a single invoice, covering staff and operating costs across receipt, processing, and approval.

    All-inclusive: salaries, benefits, technology, and overhead, not the cost of a software license.

    Accounts Payable Metrics that Matter in 2025, Ardent Partners, April 2025

  • 9.2 days

    The average accounts payable organization takes 9.2 days to process a single invoice.

    Accounts Payable Metrics that Matter in 2025, Ardent Partners, April 2025

Exceptions and automation

  • 14%

    The invoice exception rate fell to 14% in 2024, counting invoices held for coding errors, missing information, approval bottlenecks, or absent purchase order data.

    The original report states 14%. Some secondary articles state 22%.

    Accounts Payable Metrics that Matter in 2025, Ardent Partners, April 2025

  • 32.6%

    32.6% of invoices are processed straight through, without human intervention at any step.

    The corollary is the useful figure: roughly 2 invoices in 3 still involve a person.

    Accounts Payable Metrics that Matter in 2025, Ardent Partners, April 2025

  • 75%

    Ardent Partners estimates 75% of all accounts payable departments are using some form of AI.

    An estimate by the analyst rather than a survey response, and labeled as such in the report.

    Accounts Payable Metrics that Matter in 2025, Ardent Partners, April 2025

  • 61%

    61% of purchase-to-pay professionals expected AI to have a transformational or significant impact on their function in 2025, while 10% expected no impact at all.

    Accounts Payable Metrics that Matter in 2025, Ardent Partners, April 2025

Sources

Cite the original sources. Each figure comes from the publisher's document.

Accounts Payable Metrics that Matter in 2025
Ardent Partners. Published April 2025. Ardent Partners' annual benchmark of accounts payable operations.

Questions

How much does it cost to process an invoice?
$9.40 on average, according to Ardent Partners' 2025 benchmark. That figure is all-inclusive: the staff and operating costs of receipt, processing, and approval, including salaries, benefits, technology, and overhead, rather than the price of any software.
How long does invoice processing take?
9.2 days for the average accounts payable organization to process a single invoice, from the same benchmark. Ardent notes this continues to improve year on year and that approval delays are where most of the time goes.
What is a normal invoice exception rate?
14% in 2024, per Ardent Partners. Be careful with this number: several widely shared write-ups quote 22% with a 9% best-in-class figure, which does not match the published report. Exceptions here mean invoices held for coding errors, missing information, approval bottlenecks, or missing purchase order data.
What proportion of invoices are processed without a person?
32.6% go straight through with no human intervention. The more useful way to read it is the other way around: about 2 invoices in 3 still require somebody to touch them.

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Numbers you can check against the document.

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