Blog Accounts Payable

3 Reasons Your Company Needs 3-Way Matching Automation

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 […]
3 min read
Blog Accounts Payable

Using Accounts Payable Days to Stabilize Cash Flow

The ability to manage cash can be the difference between life and death for a company.
8 min read
Invoice Reconciliation Is Broken and Here's How To Fix It.
Blog Accounts Payable

Invoice Reconciliation Is Broken and Here's How to Fix It

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.
7 min read