For a new account payable (AP) solution, the solution owner has provided the business analyst...

“The solution will report the average number of days an account payment is outstanding” is an example of a key performance indicator (KPI). A KPI is a measurable value that demonstrates how effectively an organization or a solution is achieving its key business objectives or goals. KPIs can help to monitor and evaluate the performance of a solution or an organization over time, identify areas of improvement, and support decision making. The average number of days an account payment is outstanding is a KPI that measures how well the AP solution supports the goal of timely payment processing. References: : Key Performance Indicator (KPI)