B2BE’s three-way matching solution is a fully outsourced approach to matching supplier invoices for payment. The solution is designed to manage the matching and validation of Invoices against purchase orders and goods receipts, GRNI data.
The three-way matching solution is designed to complement your ERP environment. However, it provides greater levels of configurability and flexibility to manage complex buying and payment environments so your ERP only needs to manage the payment proposal process and ultimately payments based on the supplier’s terms.
Three-way matching manages a fully automated debit or credit process by applying configurable rules to the invoice as they’re parsed through the system. The solution can be configured to get the most optimum match rates so accounts payable personnel only deal with a low-level number of exceptions and processes to manage exceptions are all managed in a single interface.
Three-way matching manages complex buying and payment processes and can be tailored to the way you buy, and the seller sells. Complex GL structures can be supported as well as rounding and tolerance levels which can be configured several ways.
If you need to manage receipting externally B2BE can also provide a receipting workflow so goods can be receipted within the same environment.
Combined with B2BE’s electronic invoice receipt processes your accounts payable teams never need to touch paper and throughput volumes will increase as well as accuracy rates.