Poll Title: Accounts Payable Invoice Paid-On-Time (POT) Definition
Background: We are considering a global Paid-On-Time definition but recognize that practices and laws vary by country and region. We would like to know how peers define "Paid-On-Time".
Poll Question: How does your company define Paid-On-Time (POT) for Accounts Payable invoices?
| Funds are sent to the vendor on the invoice due date | 62% | |
| Funds are received by the vendor on the invoice due date | 19% | |
| Some invoices are paid late and some are paid early to maintain an average POT with the vendor | 4% | |
| Other (Please Comment) | 15% |
