Invoice Approval

Created by Kenneth Abad, Modified on Wed, 27 Aug at 12:12 PM by Kenneth Abad

This shows how often a vendors invoices are being approved.


Purpose / Metric Definition:

Measures the percentage of submitted invoices that were approved. This metric reflects alignment between vendor billing and client expectations, helping to monitor pricing accuracy and compliance.

Category:

Pricing

Logic / Formula:

ApprovedInvoiceCount / ApprovedInvoiceCount + RejectedInvoiceCount

Scoring Rules:

  • Percentage Score → Count of approved invoices ÷ count of submitted and responded invoices

  • Not Scored (NULL) → No invoices exist for the PO


Links to Dashboards/Reports that use this metric:


Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons

Feedback sent

We appreciate your effort and will try to fix the article