Managing Inventory – and Your Time

Stock-counting frequencies vary by organization. Finding an inventory counting method that fits with your operational practices (or even one that aligns with your brand or concept) is crucial to maintaining a healthy bottom line and limiting bad surprises.

3-way Invoice Matching – What it Is and How it Works

The process of 3-way invoice matching is simply matching information in a purchase order (PO), a goods received note (GRN), and an invoice. Done manually, it’s quite a lengthy process, so many businesses choose to automate 3-way invoice matching to reduce administration time in accounts payable and provide valuable insights into supplier delivery and pricing compliance.