Invoice Matching

Good Process Management Keeps AP Humming in a One-Person Shop

Accounts payable departments can have the best-designed processes in the world, but without ongoing process management, AP cannot function at optimum performance levels. The consequences can be… Read More

Key pieces of information on an invoice

Q. We are trying to pay an invoice to a bookkeeping service through accounts payable. What are the… Read More

PO / invoice exceptions

Q. Should a PO change notice process be in place for handling invoice exceptions? Should AP be… Read More

Invoice Receipt and Processing During the COVID Crisis

These comments were compiled from an online discussion conducted by IOFM with the Advisory Panel on April 8, 2020. Lynn Tate, APM, Accounts Payable and Expense Report Analyst, Urban Science… Read More

Best practice for matching an invoice to a receiving transaction

Q. Is there a best practice for automating the matching of an invoice line directly to a Receiving… Read More

Invoice for item not received

Q. When AP receives an invoice and it's not received, should Purchasing follow up with receiving… Read More

Invoice processing with RPA

Q. Do you have any material on in-sourcing invoice processing utilizing Robotic Process Automation… Read More

Processing invoices received during month-end close

Q. We close AP on the 3rd business day of the month. If an invoice is received during that time… Read More

Q. We close AP on the 3rd business day of the month. If an invoice is received during that time and is dated for the current month but pertains to services provided in the prior month, which