Fintra Feature

Catch Overbilling Before You Pay It, Not After

Every matched bill is checked against its purchase order and goods receipt automatically - quantities, prices, and totals compared before any payment approval.

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Fintra · 3-Way Match Queue
MATCHED CLEAN
28
this month
DISCREPANCIES
3
$2,140 total
AVG MATCH TIME
< 1 min
per bill
PO #4021 - bill matches receipt exactly$6,200
PO #4033 - billed qty exceeds receipt$840 over
PO #4040 - unit price above PO rate$310 over
PO #4055 - matched, released for payment$4,975

Illustrative product view

What 3-way match in Fintra does

Overbilling rarely looks dramatic - a slightly higher unit price, a quantity rounded up, a line added that was never ordered. Three-way match catches exactly this: Fintra automatically compares the vendor bill against the original purchase order and the goods receipt confirming what actually arrived, before the bill is eligible for payment approval.

  • Automatic comparison of bill quantity and price against the PO
  • Cross-check against goods receipt to confirm what was actually received
  • Tolerance thresholds you set for acceptable variance before flagging
  • Discrepancies routed for review instead of blocking the whole bill silently

Core capabilities

CapabilityWhat it doesWhat it replaces
PO comparisonChecks billed price and quantity against the purchase orderTrusting the invoice at face value
Receipt comparisonConfirms billed quantity against what was actually receivedPaying for goods that never arrived
Tolerance thresholdsAllows small, defined variances without flagging every billFlagging every rounding difference as an error
Discrepancy routingSends mismatches to a reviewer with the exact variance shownDiscovering overbilling during a later audit
Match historyKeeps a record of every match result per bill and vendorNo record of how often a vendor overbills
What Fintra 3-way match covers

How it works

From bill arrival to a clean or flagged match

  1. 1

    Bill arrives

    A vendor bill referencing a PO number is captured in the AP inbox.

  2. 2

    System pulls the PO and receipt

    Fintra retrieves the original purchase order and any goods receipt recorded against it.

  3. 3

    Compare automatically

    Quantity and price are compared across all three documents within your defined tolerance.

  4. 4

    Route the result

    A clean match proceeds to normal approval; a discrepancy routes to a reviewer with the exact variance.

  5. 5

    Resolve or approve

    The reviewer approves a justified variance or sends the bill back to the vendor before payment.

A worked example

Frequently asked questions

What exactly does 3-way match compare?

It compares the purchase order (what you agreed to pay), the goods receipt (what actually arrived), and the vendor bill (what you’re being asked to pay) - checking that quantity and unit price agree across all three within a tolerance you define, before the bill is eligible for payment approval.

What happens when there’s a discrepancy?

The bill is held from normal approval and routed to a reviewer with the specific variance shown - for example, billed quantity 12 units above the goods receipt. The reviewer can approve a justified variance or send the bill back to the vendor rather than paying an unexplained difference.

Can I set tolerance levels for acceptable variance?

Yes. Small variances - a rounding difference or a minor price adjustment within an agreed range - can be set to pass automatically, so 3-way match flags genuine discrepancies rather than every immaterial difference between documents.

Does 3-way match require a purchase order for every bill?

No. It applies to bills that reference a purchase order and goods receipt. Bills without a PO - a recurring software subscription, for example - go through the standard AP approval process without a three-way match step.

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