who is responsible for three-way matching

Three-Way Invoice Matching for Manufacturing Without an ERP: How Controllers Are Implementing It

In our onboarding conversations with mid-market manufacturers, one pattern repeats almost every quarter. A Controller at a 160-person plant says her ERP vendor quoted $280,000 to enable three-way matching. The proposal runs 47 pages. The timeline is 11 months. Her actual problem is that 30 percent of vendor invoices arrive without a PO. The CFO… Continue reading Three-Way Invoice Matching for Manufacturing Without an ERP: How Controllers Are Implementing It