Two-way matching in accounts payable establishes a clear process to ensure that you only pay the right amount to properly authorized vendors. When you use two-way matching, you take all the data from incoming invoices and compare it against the corresponding orders or delivery receipts. This allows you to verify that the quantity and/or price is correct and that you’ve been charged for the right products or services, ultimately safeguarding your business and helping you avoid costly mistakes. By creating a structured two-way matching process, you can make sure your accounts payable system is efficient and accurate.