Remove Close Processes Remove Duplicate Remove Request for Payment
article thumbnail

The Accounts Payable 3 Way Match: An In-depth Guide

Nanonets

That's why finance teams are increasingly adopting a 3 way match of vendor invoices as an essential step of their accounts payable process. By 3 way matching supporting documents, companies can detect duplicate, erroneous, or fraudulent payments to vendors. This is vital for managing spend and cash outflow.