https://nvnest.com/blog/tags/invoicing/ Recent content in Invoicing on Nvnest Hugo en-us Mon, 12 Oct 2026 00:00:00 +0000 https://nvnest.com/blog/post/handle-mismatched/ Mon, 12 Oct 2026 00:00:00 +0000 https://nvnest.com/blog/post/handle-mismatched/ <blockquote> <p>A 3-way match discrepancy occurs when the Purchase Order (PO), Goods Received Note (GRN), and Supplier Invoice contain conflicting data regarding price, quantity, or item specifications. Immediate resolution requires isolating the variance, validating against tolerance thresholds, and coordinating cross-functionally between procurement, warehouse, and accounts payable to approve, adjust, or reject the invoice before payment processing.</p> </blockquote> <p>Three-way matching is the cornerstone of financial control in procurement. It ensures that an organization only pays for goods or services that were explicitly ordered and physically received. However, manual errors, supplier mistakes, and logistical complexities frequently cause mismatches. Resolving these discrepancies efficiently prevents overpayments, maintains strong vendor relationships, and optimizes working capital.</p>