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3 Way Match

3-way matching refers to a three-step process of matching three key documents before processing a payment to a supplier.

Capabilities

What is 3 Way Match?

The ‘3 way match’ is a term commonly used in accounting and procurement processes, especially in the context of accounts payable. It refers to a three-step process of matching three key documents before processing a payment to a supplier. 

‍NetSuite 3 way match is a feature that allows businesses to verify that purchase orders, delivery receipts, and supplier invoices all have the same information. ZoneCapture’s 3-way matching was developed based on real NetSuite user requests and uses an intuitive traffic-light interface, which makes it easy for users to see which transactions match perfectly, vary slightly, or do not match at all.

Recommended terms

Accounts Payable Automation
Accounts payable automation (AP Automation) refers to the use of technology and software solutions to streamline and optimize the accounts payable process within an organization.
Advanced Inventory
Advanced inventory refers to a comprehensive and feature-rich inventory management system or module within an enterprise resource planning (ERP) software or inventory management software.
Bill Capture
Bill capture, also known as invoice capture, refers to the process of extracting data from incoming bills, invoices, or purchase documents and converting it into a digital format that can be processed and managed electronically within an organization's accounting or enterprise resource planning (ERP) system.

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