How SmartMatch Makes PO Matching Touchless
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PO matching is one of the most tedious and error prone tasks in the accounts payable department. In this post we’ll highlight how SmartMatch 3 Way Match is revolutionary.
SmartMatch is a revolutionary new approach to 3 way match for PO processing.
Through proprietary algorithms, SmartMatch determines if the PO document line items match or not.
How?
First, SmartMatch looks at what items or services have been received. And then it checks the extended totals of the lines. Using our algorithm, the system then calculates what combinations of lines are being invoiced against – based on subtotals. Finally, the system automatically uses this calculation to perform the 3 way match for you.
And because it is using math rather than looking at characters, SmartMatch cuts out an enormous amount of manual intervention from the automated 3 way match process.
Best of all, SmartMatch is so smart that it works just well on partially received orders as it does when all items or services are delivered at once.
And it works equally well with SKU or non-SKU POs!
SmartMatch truly takes 3 way matching to the next level.
It takes a tedious manual task and makes it virtually touchless!
Used along with manual match on our PO matching platform, it will significantly reduce your time and efforts.
But combing SmartMatch with OCR technology provides an unparalleled level of 3 way match automation!