How long should it take to pay an invoice?

According to IOFM, how long it takes and how much it costs to process an invoice is a time-tested way to validate your organization’s efficiency.

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Join finance experts Matthew Tillman, CEO of OpenEnvoy, and Jess Scheer, Executive Editor of IOFM for an engaging discussion breaking down how long it should take to pay an invoice by addressing the following industry researched topics:

  • Vendor relationship health
  • Timeliness of bill payments
  • Avoiding late fines and penalties
  • Capturing early-pay discounts

You will walk away with multiple strategies that can be applied to help your organization immediately increase its operational efficiency.

You should be able to pay your bills within 72 hours.

If not, there is a great opportunity for automation.

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