Invoicing

What is 3-way matching? Essentially, 3-way matching is a process in accounting in which a company verifies that a purchase order (PO), supplier invoice, and goods receipt all reflect the same products and pricing. If the numbers are consistent throughout each document, wah-lah! You’ve got yourself a 3-way match! With the green light of a […]

The ability to manage cash can be the difference between life and death for a company.

If invoice reconciliation still slows down your business, your process is broken. You’re not alone. One report found that 58% of companies in North America did not have efficient invoice reconciliation processes in place. As a result, these companies had to manually enter invoice data, a time-consuming and painstaking process.