QuickBooks users often seek tools that allow for 2-way or 3-way matching, which are essential processes in accounts payable to ensure that transactions are accurate and legitimate. Two-way matching refers to the process of matching the purchase order with the invoice, while three-way matching involves matching the purchase order, invoice, and receiving report.
There are several third-party applications and services that integrate with QuickBooks to facilitate these processes. Some notable ones include:
Bill.com: This platform automates accounts payable and can integrate with QuickBooks to provide efficient two-way and three-way matching for invoices, purchase orders, and receiving documents.
AvidXchange: Known for its payable automation solutions, this service can handle 3-way matching by capturing and matching data from different documents, streamlining the approval workflow directly within QuickBooks.
Beanworks by Quadient: This tool is designed to automate the accounts payable process and offers both two-way and three-way matching capabilities that can be synchronized with QuickBooks, ensuring accuracy and reducing the chance of duplicate payments or errors.
MineralTree: This accounts payable automation solution offers robust matching functionality and integrates seamlessly with QuickBooks, allowing for both 2-way and 3-way matching.
Each of these solutions varies in terms of features, ease of use, and pricing. When selecting a matching service or app for QuickBooks, it’s crucial to consider the specific needs of your business, such as volume of transactions, current workflow, and budget constraints. Many of these services offer demos or trial periods, which can be beneficial in determining the best fit for your organization.
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