oboloo

oboloo Glossary

Three Way Invoice Match

oboloo Glossary

Three Way Invoice Match

Three Way Invoice Match

The three way invoice match is a reconciliation process between the buyer, seller, and their respective banks to ensure that all invoices are accounted for and paid. This process involves comparing the buyer’s bank statement with the seller’s bank statement and invoices to identify any discrepancies. If any discrepancies are found, the buyer and seller will work together to resolve the issue and ensure that all invoices are paid in full.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971