Average cost to process an invoice or order?

Answer 1

Different studies have reported this cost to be between $4 and $26. The study also determined that there was no correlation between the size of the company and the cost (some small companies spent a lot, some large companies spent a lot).

The exact figure will certainly depend upon a variety of factors such as the complexity of your invoices, the efficiency of your process and your labor rate.

The short answer is: "There is no way to sit on the outside of a company and determine what their cost to pay an invoice is, but it probably falls between the $4 and $26 rate quoted."

Answer 2

The average cost to process an invoice or order can vary depending on the size and complexity of the organization, as well as the level of automation in place. However, studies have shown that the average cost can range from $5 to $25 per invoice or order. Implementing electronic invoicing and order management systems can significantly reduce these costs.