Airbase

OCTOBER 23, 2023

In the world of finance and procurement, accuracy and accountability are paramount. Three-way match has long been an important control measure practiced by accountants to make sure that what was purchased, what was received, and what was paid are fully aligned. Table of contents What is 3-way matching? How 3-way matching works.

accounts payable 130

accounts payable AP Automation Technology accounting and finance 130

Airbase

OCTOBER 25, 2023

For decades, the many steps and stakeholders in large enterprise purchasing meant procurement teams had to rely on heavyweight, expensive solutions, while mid-market companies either had to adopt one of those overly cumbersome solutions or throw some ad-hoc procedures together to try to control spend. Accounts payable and procurement.

accounts payable 130

accounts payable AP Automation Approval Workflows Technology 130

Airbase

AUGUST 2, 2023

This is referred to as spend under management (SUM), and is an extremely useful KPI at any stage Centralizing a decentralized world. SUM is a basic procurement metric that measures the proportion of an organization’s total managed and controlled spend through procurement processes.

Spend Management 130

Spend Management Spend Management Tools Spend Management System accounts payable 130