LensReading which lens this session carries.

End-to-end outcomes · Invoice to pay

Invoice to payment

What a supplier experiences as being paid. It crosses the payables platform, the treasury system and the bank gateway, and each of those three holds a different reference for the same money.

All outcomes
Starts when
A supplier invoice is received
Ends when
The payment clears and reconciles against the bank statement
Accountable for the whole chain
Sofia Kalogeropoulou
Head of payables and payments · Finance
Crosses
ProcurementFinanceS2PR2R

Health

What the chain measures

Cycle time, wait and cost are computed on complete chains only. Everything else is computed on every assembled chain and says so.

Chains assembled
300
3 stages · 131 crossed more than one tower
Complete end to end
43.7%
131 chains found every stage
Median cycle
3.4 d
p25 2.8 d · p75 4.2 d · p90 4.7 d
Waiting
76%
2.6 d waiting against 20.1 h of work
Cost to serve
$21.77
$2,852 across the complete chains · 86 stages needed a person
Matching confidence
0.62
Across the 158 chains that were joined. 142 never found a second stage.

The chain, stage by stage

3 stages · the wait column is the gap before that stage began, measured on the chains that reached it

StageDocumentFunctionTowerSystemReachedWait beforeStage cycleConfidenceJoined by
1Invoice receivedvaluesupplier-invoiceProcurementS2Pap-automation300 · 100%11.3 h
Origin 300
2Payment releasedpayment-runFinanceS2Ptreasury158 · 53%42.8 h6.1 h0.78
Inferred 158
3Cash reconciledbank-recFinanceR2Rbank-gateway131 · 44%21.6 h6.5 h0.59
Cohort 131

The payables platform and treasury both name the supplier, so that step can at least be joined on the trading party. The bank gateway records no counterparty at all, so the final step rests on place and timing alone. It is the weakest step in the money chain and it is the one closest to the cash.

Chain state — an exhaustive partition of all 300 chains in this service into 4 states
Closed102 · 34.0%
Stalled182 · 60.7%
Open12 · 4.0%
Failed4 · 1.3%
How each chain was joined — a second exhaustive partition of the same 300 chains into 3 regimes
Inferred27 · 9.0%
Cohort131 · 43.7%
Single stage142 · 47.3%

The distribution, not the average

Cycle time across the 131 complete chains, in ten equal bands

23–38 h
2
38–52 h
12
52–67 h
19
67–81 h
32
81–96 h
26
96–110 h
22
110–125 h
14
125–139 h
2
139–153 h
1
153–168 h
1

Fastest 23.5 h, slowest 7.0 d, median 3.4 d, mean 3.5 d. The mean sits above the median, so quoting the average alone would overstate what a typical chain of this service takes.

What the chain costs and carries

Cost is modeled from recorded touches. Value is the amount on the designated value stage only.

Cost, all chains
$4,213
Across all 300 assembled chains, complete or not
Value carried
$3.0m
Taken from stage 1, Invoice received, and never summed across stages
Cost per $1,000 carried
$1.39
Modeled cost to serve against the value the chain moved
Carried an exception
49
Separately, 26 chains had work recorded twice

The commitment against this outcome

Invoice to payment inside 7 days · owned by Sofia Kalogeropoulou

Target
168 hours
Committed to The group operating committee
Observed
80.9 hours
Median on the chains that could be judged
Attainment
0 breaches recorded
Status
Not measurable
Reviewed by Sofia Kalogeropoulou

Not measurable from this extract. The commitment runs to 7 days and the extract covers seven, so no chain in the week had the whole commitment available and none could have been seen to miss it. 102 chains did close inside the window, at a median of 80.9 hours, which describes the fast chains and says nothing about the slow ones.

This commitment sits alongside the function level service levels the estate already publishes, not instead of them. Every function inside this chain can hold its own commitment while this one misses.

The handoffs this service crosses

Mapped to the Source to Settle cross-flow · 4 handoffs

BoundaryMean waitReworkTyped in twiceWeekly costOwnerBasis
Procurement → Supply Chain34.1 h4%13%$164kDiego FuentesMeasured
Supply Chain → Financegate34.8 h15%13%$141kNobodyModeled
Finance → AI GBS21.1 h7%12%$49kSofia KalogeropoulouModeled
AI GBS → The supplier32.9 h9%64%$127kNobodyModeled

Who owns the delay

2 boundary disputes touch this service · 1 undecided

Who owns the wait between the payables platform and treasuryScheduled

Invoices approved for payment sit until the next scheduled run. Payables counts the invoice as done at approval; treasury counts it as arriving at the run. The days in between belong to neither.

Procurement against Finance · arbiter Anneke de Vries · 31.4 h and $214k claimed by neither side
Duplicate entry between the payables platform and the bank gatewayDecided

Payment instructions are keyed once in treasury and again in the bank gateway because no reference survives between them. Both functions accept that it happens and each records it as the other one asking.

Finance against Information technology · arbiter Marcus Adeyemi · $187k claimed by neither side, with no wait timed against it

Trace one chain end to end

The 14 complete chains carrying the largest amounts. Open one to see every document, the wait before each stage and the moments a person intervened.

ChainCounterpartyMarketCycleWaitingCostPeopleJoined by
OI-ITP-0022Corvale ContainersUnited Kingdom2.7 d2.3 d$15.191Cohort 0.62Trace
OI-ITP-0218Kirchner IngredientsUnited Kingdom2.6 d2.4 d$4.560Cohort 0.62Trace
OI-ITP-0193Coalridge Agency GroupSpain3.5 d3.2 d$4.560Cohort 0.62Trace
OI-ITP-0214Ashgrove IndustriesGermany3.1 d2.8 d$4.560Cohort 0.30Trace
OI-ITP-0044Petronel PackagingUnited Arab Emirates2.9 d35.9 h$47.091Cohort 0.62Trace
OI-ITP-0062Farrowgate ChemicalsSouth Africa3.3 d2.4 d$47.092Cohort 0.62Trace
OI-ITP-0015Marchbank CartonsPoland2.7 d2.3 d$4.560Cohort 0.62Trace
OI-ITP-0065Sorenson LogisticsIndonesia42.7 h34.2 h$4.560Cohort 0.62Trace
OI-ITP-0055Barenholt ServicesAustralia4.7 d2.4 d$132.162Cohort 0.62Trace
OI-ITP-0025Ravensworth FreightIndonesia2.1 d27.8 h$15.191Cohort 0.62Trace
OI-ITP-0038Vossberg IndustriesUnited States4.1 d4.0 d$4.560Cohort 0.62Trace
OI-ITP-0219Stanhope EnergyUnited States3.0 d2.5 d$25.831Cohort 0.62Trace
OI-ITP-0097Whitmore FacilitiesPoland3.5 d3.1 d$15.191Cohort 0.62Trace
OI-ITP-0176Petronel Agency GroupUnited States4.0 d3.1 d$25.831Cohort 0.62Trace
What this page is, and what it is not

This is the chain a supplier judges the group by, and the only one where a delay converts directly into a commercial conversation about terms.

An outcome is assembled, not recorded. No source system in this estate stamps a single reference across a purchase requisition, the order raised against it and the receipt that closes it, so the chains on these pages were stitched together after the fact. Where both documents sit in the same source system the chain is keyed and the join is exact. Where it crosses a system boundary the chain is matched on the party, the market, the region and whether the timing is plausible, and it is labeled inferred with its confidence shown. Where the two sides name no party in common the only evidence left is place and timing, and the chain is labeled cohort and confidence is capped low on purpose. A cohort chain is a hypothesis about which documents belong together. Read it as one.

The ledger behind these chains is one week, 10 to 16 August 2026, which is 168 hours. A chain that had not finished when the week ended is open, not late: the week simply stopped watching it. A chain whose commitment falls after the end of the week could never have been seen to miss, so its service level reads not measurable rather than holding. Nothing on these pages should be read as a monthly or annual attainment.

Cost to serve is modeled from the touches the ledger recorded, not billed from a timesheet. Every touch is priced at 11 minutes of a person at a loaded 58 dollars an hour, and every stage carries 1.10 dollars of system cost and 0.42 dollars of inference. Handoff cost is priced separately: waiting is held at 0.90 dollars an item an hour, rework at 34 minutes, and duplicated data entry at the re-keying minutes recorded against that handoff. Change any of those six rates and every dollar on these pages moves.