Category: Uncategorized
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Three-Way Match for Contractors: POs, Receipts, and Bills That Actually Reconcile
Introduction In the world of contracting, whether it’s construction, IT services, facility maintenance or even consultancy work, managing spend and ensuring accurate payments is critical. As part of this, the process of three-way matching becomes a vital control: matching the purchase order (PO), the receipt (or proof of service/delivery) and the invoice/bill before payment.In this…