Automating the 3-Way Match to Ensure Payment Accuracy

The 3-way match (purchase order, receipt of goods and invoice) is considered the “gold standard” when it comes to accounts payable (AP). But handling this task manually can be problematic, which is why more AP teams are turning to automation as a way to ensure accurate matching.

The infographic below details the findings, which include:

• Why manual matching doesn’t work
• How automation simplifies a supplier’s invoicing process
• The workflow, from purchase order to invoice approval