Accounts Payable Management Assessment report

Use the Accounts Payable Management (APM) Assessment report to review specific accounts payable components, including average invoice approval days, ACH (automated clearing house) payment details, and card settlement data.

You can compare the current state to Syntellis Performance Solutions, LLC, best practice values, and perform “what if” analysis by modifying payment components to see possible improvements. You can also model specific payment adjustments in several categories.

APM Assessment report (click to enlarge)

Accounts payable control panel

This section displays your facility’s current state, industry baseline, and conservative and aggressive best practices.

Accounts payable control panel (click to enlarge)

  • Current state: your facility’s current numbers.

  • KH conservative best practices: Estimation of the minimum outcome you can expect to achieve.

  • KH baseline: Baseline expectation, based on industry averages.

  • KH aggressive best practices: Estimation of the best outcome you can reasonably expect to achieve.

  • What-if optimization: Use this column to find optimization opportunities.

  1. On the Treasury Cash Management page, in the Accounts payable management section, click Launch APM analysis.

  2. In the Accounts payable control panel section, in the What-if optimization column, modify one or more of the following, and press Enter:

    • Average invoice approval days

    • Negotiated check payment days

    • Check payment discount terms

    • Check payment discount portion

    • Negotiated ACH payment days

    • ACH payment discount terms

    • ACH payment discount portion

    • Card statement days

    • Card settlement days

    • Average wire payment days

    • Wire payment discount terms

    • ACH+ rebate percentage

    • ePayables rebate percentage

    • Net deposit interest rate

  3. In the What If Optimization section at the bottom of the window, note the modified information.

    For example: The industry average for number of “negotiated check payment days” is between 15 and 25. Your facility’s current number of “negotiated check payment days” is currently 15, but you want to see the effect of achieving 20 days.

    In the Accounts payable control panel section, enter 20 in the appropriate What-if column, and note the effect this has on the What If Optimization column at the bottom of the window. In the following image, the “Working capital value” improvement increased $26.52 to $11,277.75.

    Accounts payable control panel (click to enlarge)

Payment adjustment control panel

  1. On the Treasury Cash Management page, in the Accounts payable management section, click Launch APM analysis.

  2. In the Payment adjustment control panel section, modify one or more of the following, and press Enter:

    • Check

    • ACH

    • ACH+

    • ePayables

    • Wire

  3. In the Current state client data section, note the modified information.

    Payment adjustment control panel (click to enlarge)

Select sections to display

  1. On the Treasury Cash Management page, in the Accounts payable management section, click Launch APM analysis.

  2. Click Select Views.

  3. On the Select View dialog:

    • To display a section, select the check box for that section.

    • To hide a section, clear the check box for that section.

    • To apply your changes and keep the dialog open, click Apply.

    Select View dialog (click to enlarge)

  4. When you have finished, click OK.

Filter records

  1. On the Treasury Cash Management page, in the Accounts payable management section, click Launch APM analysis.

  2. At the top of the page, click the Filters button:

  3. On the Filters panel:

    • Select a starting year and month; for example: 202104 - April 2021.

    • Select an ending year and month; for example: 202107 - July 2021.

    Filters panel (click to enlarge)

  4. To clear all filters, click Clear All.

  5. To apply the specified filters, click Apply.

See also