Real-Time 3-Way Match for NetSuite

real-time-3-way-hero@2x

The Most Powerful 3-Way Match Engine

As NetSuite users receive goods or process invoices from vendors, validations will be run in real-time to identify any variance violations by comparing PO’s, Receipts and Vendor Bills. If issues are found, users are immediately notified, allowing them to route any exceptions found for approval.

Powerful 3-Way Match Engine.

As NetSuite users receive goods or process invoices from vendors, validations will be run in real-time to identify any variance violations by comparing PO’s, Receipts and Vendor Bills.

image004

Click Image to Preview

Features & Highlights

Validates that Vendor Bills and/or Receipts match Purchase Orders and are in compliance with predefined thresholds

Allows users to leave notes/reasons if there are validation issues identified

Routes validation exceptions to approvers using SquareWorks’ Approval Automation for NetSuite via a fully configurable approval process

Enables easy setup and maintenance by defining 3-way match thresholds at the line level or header level based on quantity, rate or amount

Detects and raises validation errors if lines are added to bills which don’t exist on a PO. Items and accounts can be configured to be excluded from validations

Simplifies the implementation and maintenance due to the solution being 100% NetSuite-Native. There are no integrations to maintain.

See the solution in action

See how we compare to other solutions

 

  
 
Purchase Order and Receipt Matching
Vendor Bill and Purchase Order / Receipt Matching
Tolerance Options
Real-Time Variance Report
PO Amount Overage Calculation
Variance Report Location
Variance Report Availability
Variance Justification Comments Box
Variance Approvals
Implementation Effort
Technical Expertise Needed for Implementation

SquareWorks 3-Way Match

Purchase Order and Receipt Matching :
Vendor Bill and Purchase Order / Receipt Matching :
Tolerance Options : Global, Subsidiary, Vendor or Item Tolerances
Real-Time Variance Report :
PO Amount Overage Calculation : Individual Vendor Bill and Sum of All Bills
Variance Report Location : Receipt and/or Vendor Bill Itself
Variance Report Availability : Always visible on Receipt or Vendor Bill
Variance Justification Comments Box :
Variance Approvals : Configurable Approval Rules
Implementation Effort : Single Setup Page
Technical Expertise Needed for Implementation: None

NetSuite 3-Way Match

Purchase Order and Receipt Matching :
Vendor Bill and Purchase Order / Receipt Matching :
Tolerance Options : Subsidiary, Vendor or Item Tolerances
Real-Time Variance Report :
PO Amount Overage Calculation : Only Individual Vendor Bills
Variance Report Location : Bill Exception Record
Variance Report Availability :
Variance Justification Comments Box :
Variance Approvals : Custom Workflow
Implementation Effort : Setup Pages, Custom Fields and Workflows
Technical Expertise Needed for Implementation: Workflows, Custom Fields and Saved Searches

Automate your AP process today!

Contact us to find out more about SquareWorks' Automate platform

©2019 SquareWorks Consulting. All rights reserved.