What Is SaaS? Software as a Service or SaaS is a cloud-based delivery model for software applications where software is licensed as a service and...
Business
Invoice Matching
What Is Invoice Matching? Invoice matching is the comparing and linking of a supplier invoice with the underlying data on which the cost is...
Three-Way Matching
What Is Three-Way Matching? Three-way matching is a crucial process in accounts payable (AP) that involves comparing three documents to ensure...
Procure to Pay
What Is Procure-to-Pay? Procure-to-pay, also known as P2P, is a term used in the software industry to designate a subdivision of the procurement...
Procurement
Procurement, although often overlooked, is a critical function that significantly impacts a company's bottom line. It involves acquiring goods and...
PO Flip
The PO flip is a process that leverages technology to streamline the procurement and invoicing process. By automating the conversion of purchase...
PO Matching
What Is It? PO matching is a process used in accounts payable to ensure that invoices are accurate and aligned with purchase orders. It involves...
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