Invoice Matching: An In-Depth Guide for Accounts Payable Teams
Invoice matching affects the speed and accuracy of invoice approvals, influencing Days Payable Outstanding (DPO) and working capital. Faster approvals enable finance teams to strategically time payments, avoid late fees, and negotiate early payment discounts, improving liquidity. Verifying that goods were received before paying ensures that companies only disburse funds for completed, verified transactions. This […]
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