A Deep Dive into Cutting-Edge Invoice Approval Workflows
Nanonets
NOVEMBER 20, 2023
3-Way Matching: Alignment of the invoice with the corresponding purchase order and receiving report in a 3-way matching process. Validation of Legitimacy: Automated systems use algorithmic rules and databases to validate the legitimacy of vendors, reducing the risk of processing invoices from fraudulent or unverified sources.
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