Duplicate Invoice Payments: Wasting Up to $12,000 a Month
SAP Concur research reveals that SMBs may waste up to $12,000 per month on duplicate invoice payments. Analyzing data from September 2015 to August 2016, a typical SMB processes about 450 invoices monthly, with a duplication rate of 1.29% (about six duplicates), each averaging $2,034. Concur Invoice automatically identifies duplicates, preventing erroneous payments and saving operating costs.
Impact and considerations
Duplicate invoice payments are a common, preventable error; automated detection can save businesses significant money.
Key points
- SMBs may waste up to $12,000 per month on duplicate invoice payments.
- A typical SMB processes about 450 invoices monthly, with a duplication rate of 1.29%.
- The average value of a duplicate invoice is $2,034.
- Concur Invoice automatically identifies duplicates, preventing erroneous payments.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:41
- Page published
- 16 Aug 2026, 08:25
- Last updated
- 29 Jun 2022, 19:41
- Original links
- SAP Concur Blog：How Much Money is Your Business Throwing Away in Duplicate Invoice Payments? (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:41