Multi-way matching

SMART by GEP helps enterprises intelligently manage complex buying and payment processes while reducing invoice processing cycle times.

The unified procurement software receives supplier invoices through EDI, email or hard copies (brought into SMART by GEP using OCR) and uses customer-specific policies and artificial intelligence to validate these invoices against original purchase orders and negotiated prices with configurable tolerances and matching rules.

Cloud-native, platform-agnostic SMART by GEP seamlessly integrates with your ERP system and performs a two-way or three-way match based on preset tolerances, configurable rules and user guidelines. It feeds the matches, rejections or exceptions into an optimized workflow that empowers the buyer to review and accept the invoice, make amends or reach out to suppliers for clarification or with a changed order.

This powerful source-to-pay platform delivers a truly automated invoice-matching process – with only true exceptions requiring manual intervention. And, with everything stored on a single database, SMART by GEP improves traceability of purchase orders and invoices, promotes transparency and boosts auditability. It increases visibility into outstanding obligations and helps in optimizing working capital by capitalizing on early payment discounts.

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