| Percent of invoices paid within 30 days from the invoice date.FMS-Financial Mgmt Services |
Measure Definition & Importance |
The prompt payment of vendor invoices (i.e. within 30 days from the invoice date) is critical to maintaining timely financial information used by stakeholders to support sound business decisions. In addition, prompt payment of invoices is key to maintaining a positive reputation and working relationship with our partner vendors. Finally, prompt payment of invoices is paramount to ensuring the City maintains compliance with State Law.
Analysis | |
Percent of invoices paid within 30 days from the invoice date. |
Service Areas |
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FMS.1.2 Treasury
FMS-Financial Mgmt Services
Attachments |
Measure Data | Last Calculated 11 days ago |
| Period |  | Status | % of invoices paid within 30 days | # of invoices paid within 30 days | Total # of invoices | Overall Target | High Variance (FY Target) | Low Variance |
|---|---|---|---|---|---|---|---|---|
| Oct-18 | | Insufficient Progress | 71.61% | 2,701.00 | 3,772.00 | 100.00 | 100.00 | 90.00 |
| Nov-18 | | Insufficient Progress | 63.19% | 1,914.00 | 3,029.00 | 100.00 | 100.00 | 90.00 |
| Dec-18 | | Insufficient Progress | 56.08% | 2,503.00 | 4,463.00 | 100.00 | 100.00 | 90.00 |
| Jan-19 | | Insufficient Progress | 53.55% | 3,138.00 | 5,860.00 | 100.00 | 100.00 | 90.00 |
| Feb-19 | | Insufficient Progress | 70.07% | 3,458.00 | 4,935.00 | 100.00 | 100.00 | 90.00 |
| Mar-19 | | Insufficient Progress | 72.21% | 3,638.00 | 5,038.00 | 100.00 | 100.00 | 90.00 |
| Apr-19 | | Insufficient Progress | 70.83% | 3,876.00 | 5,472.00 | 100.00 | 100.00 | 90.00 |
| May-19 | | Insufficient Progress | 71.87% | 4,225.00 | 5,879.00 | 100.00 | 100.00 | 90.00 |
| Jun-19 | | Insufficient Progress | 71.54% | 4,047.00 | 5,657.00 | 100.00 | 100.00 | 90.00 |
| Jul-19 | | Insufficient Progress | 71.38% | 4,386.00 | 6,145.00 | 100.00 | 100.00 | 90.00 |
| Aug-19 | | Insufficient Progress | 61.62% | 5,119.00 | 8,307.00 | 100.00 | 100.00 | 90.00 |
| Sep-19 | | Insufficient Progress | 75.45% | 5,372.00 | 7,120.00 | 100.00 | 100.00 | 90.00 |
| Oct-19 | | Insufficient Progress | 78.00% | 5,205.00 | 6,673.00 | 100.00 | 100.00 | 90.00 |
| Nov-19 | | Insufficient Progress | 79.26% | 4,134.00 | 5,216.00 | 100.00 | 100.00 | 90.00 |
| Dec-19 | | Insufficient Progress | 76.22% | 4,474.00 | 5,870.00 | 100.00 | 100.00 | 90.00 |
| Jan-20 | | Insufficient Progress | 71.30% | 4,287.00 | 6,013.00 | 100.00 | 100.00 | 90.00 |
| Feb-20 | | Insufficient Progress | 75.30% | 4,381.00 | 5,818.00 | 100.00 | 100.00 | 90.00 |
| Mar-20 | | Insufficient Progress | 75.11% | 4,753.00 | 6,328.00 | 100.00 | 100.00 | 90.00 |
| Apr-20 | | Insufficient Progress | 80.11% | 4,558.00 | 5,690.00 | 100.00 | 100.00 | 90.00 |
| May-20 | | Insufficient Progress | 76.77% | 4,089.00 | 5,326.00 | 100.00 | 100.00 | 90.00 |
| Jun-20 | | Insufficient Progress | 75.15% | 4,297.00 | 5,718.00 | 100.00 | 100.00 | 90.00 |
| Jul-20 | | Insufficient Progress | 78.47% | 5,103.00 | 6,503.00 | 100.00 | 100.00 | 90.00 |
| Aug-20 | | Insufficient Progress | 81.02% | 4,554.00 | 5,621.00 | 100.00 | 100.00 | 90.00 |
| Sep-20 | | Insufficient Progress | 77.45% | 5,702.00 | 7,362.00 | 100.00 | 100.00 | 90.00 |
| Oct-20 | | Insufficient Progress | 80.57% | 4,496.00 | 5,580.00 | 100.00 | 100.00 | 90.00 |
| Nov-20 | | Insufficient Progress | 85.43% | 4,234.00 | 4,956.00 | 100.00 | 100.00 | 90.00 |
| Dec-20 | | Insufficient Progress | 79.66% | 4,906.00 | 6,159.00 | 100.00 | 100.00 | 90.00 |
| Jan-21 | | Insufficient Progress | 71.34% | 4,366.00 | 6,120.00 | 100.00 | 100.00 | 90.00 |
| Feb-21 | | Insufficient Progress | 79.60% | 3,769.00 | 4,735.00 | 100.00 | 100.00 | 90.00 |
| Mar-21 | | Insufficient Progress | 82.28% | 4,903.00 | 5,959.00 | 100.00 | 100.00 | 90.00 |
| Apr-21 | | Insufficient Progress | 84.48% | 5,013.00 | 5,934.00 | 100.00 | 100.00 | 90.00 |
| May-21 | | Insufficient Progress | 81.88% | 4,920.00 | 6,009.00 | 100.00 | 100.00 | 90.00 |
| Jun-21 | | Insufficient Progress | 80.89% | 5,188.00 | 6,414.00 | 100.00 | 100.00 | 90.00 |
| Jul-21 | | Insufficient Progress | 82.56% | 5,155.00 | 6,244.00 | 100.00 | 100.00 | 90.00 |
| Aug-21 | | Insufficient Progress | 79.85% | 4,196.00 | 5,255.00 | 100.00 | 100.00 | 90.00 |
| Sep-21 | | Insufficient Progress | 73.04% | 5,608.00 | 7,678.00 | 100.00 | 100.00 | 90.00 |
| Oct-21 |  | Monitoring/No Info | 100.00 | 100.00 | 90.00 | |||
| Nov-21 | | Monitoring/No Info | 100.00 | 100.00 | 90.00 | |||
| Dec-21 | | Monitoring/No Info | 100.00 | 100.00 | 90.00 | |||
| Jan-22 | | Monitoring/No Info | ||||||
| Feb-22 | | Monitoring/No Info | ||||||
| Mar-22 | | Monitoring/No Info | ||||||
| Apr-22 | | Monitoring/No Info | ||||||
| May-22 | | Monitoring/No Info | ||||||
| Jun-22 | | Monitoring/No Info | ||||||
| Jul-22 | | Monitoring/No Info | ||||||
| Aug-22 | | Monitoring/No Info | ||||||
| Sep-22 | | Monitoring/No Info |
Data Source Details & Calculation Information |
A report (query) is scheduled to run manually between the 1st and 10th business day of each month for all invoices processed in the previous month. Report name is AP Metric Detail Report from XX/XX/XXXX - XX/XX/XXXX. This report contains invoice date and payment date (among other data sets) for a given date range.
(# of invoices paid within 30 days from the invoice date in a given month / Total # invoices paid in a given month )*100
Performance Liaison |
| CH | Crystal Hinojosa (FMS - Financial Management services) |
Input Method |
Is this measure a KPI? |
Measure Type |
Comparative Data |
Data Owner |
Measure ID |
714476
Target Type |
Performance Liaison Notes |
Administrator Notes |