Purchase Control makes it easy to follow the process of three way matching to ensure all purchasing is carried out correctly and only items that have been ordered and received will be paid for. The second stage of this process is checking the delivery receipt against the original purchase order.
Marking Off Goods As Received
This demonstration explains how our online procurement software manages the purchase orders once they have been created. It then shows how the goods inwards function makes sure you receive and accurately reconcile the delivery of the goods or services on the purchase order.
Goods received not invoiced
The demo looks partially at reconciling an order and searching for purchase orders that have not yet had goods reconciled against them. Once the goods inwards are processed, the goods are compiled into a database of goods received not invoiced. They are awaiting the final step of the three way matching process: vendor invoice reconciliation.
Three Way Matching
The previous related demonstration video shows the initial stage of the three way match and how Purchase Control handles the creation of a requisition and the approval process that leads to the creation of a purchase order. The following demonstration video will continue through the three way match process showing exactly how easy it is to match vendor invoices to the original purchase order with our e-procurement software.