Vendor Invoices
Process and match supplier invoices
Vendor Invoice Processing
Process and match supplier invoices against purchase orders and deliveries for accurate accounts payable.
Three-Way Matching
Numera performs three-way matching to ensure accuracy:
- Purchase Order - What was ordered
- Delivery Receipt - What was received
- Vendor Invoice - What is being charged
Invoices that match within tolerance are approved automatically. Discrepancies are flagged for review.
Processing Invoices
- Enter or import vendor invoice
- Match to purchase orders
- Verify quantities and prices
- Handle any variances
- Post to accounts payable
Handling Variances
When invoices don't match:
- Review price differences
- Check quantity discrepancies
- Approve within tolerance limits
- Dispute with supplier if needed