Cost of delivery of rent invoices
What is it?
The key figure provides an overview of the total cost of rent invoices sent out during a specific time period. It is used to measure and analyze the company's invoicing activity and can also be used to monitor which approach is used to send the invoices, for example whether it is done by letter or electronically.
It provides insights to improve the company's cost efficiency.
How is it calculated?
Cost of delivery of invoices = Number of rent invoices sent * Cost of delivery method
* Includes only those rent invoices where the invoice date falls within the specified time period.
Why is it important to follow?
Analysis of the number of sent rent invoices provides the opportunity to evaluate the cost effectiveness of the invoicing process. It can identify areas for cost savings, particularly by considering the move to electronic invoicing to reduce paper and distribution costs.
Created by Homepal
3/20/2024
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