Invoice Reconciliation

Get what you pay for
If invoices always matched what you received, life would be simple. Unfortunately, reality gets in the way. So matching invoices and receipts is as important as watching the till.

Match Game
Matching invoices and receipts is simple in theory, but not always easy to do

RedPrairie’s Invoice Reconciliation functionality automatically reconciles inventory purchase prices and quantities between the inventory order and receipt. Discrepancies are flagged for immediate resolution with suppliers and signal that actions such as inventory adjustments, credits or item cost changes are needed. Invoice Reconciliation facilitates input of authorized costs and quantities for invoice items in discrepancy.

By automatically matching invoices to receipts, flagging discrepancies for action, and facilitating input of adjustments, Invoice Reconciliation helps you master one of the most challenging aspects of working with your suppliers – getting what you pay for.