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The differences between invoicing specialists and account payables analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an invoicing specialist and an account payables analyst. Additionally, an account payables analyst has an average salary of $54,356, which is higher than the $37,166 average annual salary of an invoicing specialist.
The top three skills for an invoicing specialist include data entry, purchase orders and customer service. The most important skills for an account payables analyst are customer service, data entry, and purchase orders.
| Invoicing Specialist | Account Payables Analyst | |
| Yearly salary | $37,166 | $54,356 |
| Hourly rate | $17.87 | $26.13 |
| Growth rate | -5% | -5% |
| Number of jobs | 47,437 | 73,985 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 63% |
| Average age | 51 | 51 |
| Years of experience | 6 | 6 |
An invoicing specialist is primarily in charge of preparing and processing client bills. It is their responsibility to manage databases and payment systems, verify client information, list down the due amount and itemized account of goods and services, charge accurate tax, deduct discounts, and ensure copies of every invoice. They also arrange new client accounts, prepare receipts, keep an eye out for any errors or discrepancies, and assist clients by answering inquiries. Moreover, aside from processing invoices, they also perform various clerical support tasks such as handling calls and correspondence and organizing files.
An accounts payable analyst is primarily responsible for managing and processing invoices and payments, ensuring accuracy and timeliness. They are also responsible for coordinating with various departments to obtain and acquire data and invoices, submitting payments to external vendors and suppliers, identifying errors and inconsistencies, and providing corrective measures. One may also perform clerical tasks such as producing progress reports and presentations, managing schedules, addressing issues and concerns through calls and correspondence, and resolving them promptly and efficiently.
Invoicing specialists and account payables analysts have different pay scales, as shown below.
| Invoicing Specialist | Account Payables Analyst | |
| Average salary | $37,166 | $54,356 |
| Salary range | Between $29,000 And $46,000 | Between $39,000 And $74,000 |
| Highest paying City | Boston, MA | San Francisco, CA |
| Highest paying state | Alaska | New York |
| Best paying company | Baxter International | SMTC |
| Best paying industry | Technology | Energy |
There are a few differences between an invoicing specialist and an account payables analyst in terms of educational background:
| Invoicing Specialist | Account Payables Analyst | |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 63% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between invoicing specialists' and account payables analysts' demographics:
| Invoicing Specialist | Account Payables Analyst | |
| Average age | 51 | 51 |
| Gender ratio | Male, 22.5% Female, 77.5% | Male, 26.3% Female, 73.7% |
| Race ratio | Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6% | Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |