Reduce Errors and Expedite Purchase Order Matching
Automate the matching of purchase orders, invoices, and receipts with Centime’s PO Matching feature. Minimize discrepancies, speed up approvals, and ensure accuracy with every transaction. Stay compliant and prevent overpayments with seamless automation that reduces manual data entry.
"A standout feature [in Centime] is its time-saving invoice entry and capture capabilities through AI automation, particularly with invoice coding and PO matching, streamlining tasks that typically consume significant time, enhancing efficiency and accuracy in managing AP workflows."
Automate invoice capture with OCR and AI
Say goodbye to time-consuming data entry! Easily convert paper-based invoices into digital data, saving your team both time and resources. Centime pairs optical character recognition (OCR) technology with Generative AI and Natural Language Processing (NLP) to effortlessly capture and extract invoice information at the header and the line-level. Processing invoices has never been easier.
Unlock intelligent line linking
Centime’s advanced search algorithms automatically match invoice lines with purchase order lines to revolutionize the matching process. Our software reviews rate, quantity, description and references historical linking to continuously improve performance the more you use it. No more manual line-by-line comparisons – let Centime do the heavy lifting for you!
Highlight discrepancies and customize thresholds
Centime intelligently identifies discrepancies across purchase orders, receipts, and invoices to call out items that require your attention. Customize matching thresholds with ease, from 2-way to 3-way matching – in order to meet your unique business needs.
Seamlessly resolve discrepancies and track history
Centime streamlines communication and collaboration within your team to swiftly resolve discrepancies across the PO, receipt and invoice. Define mismatch review and approval policies to align your team structure for efficient routing, and keep a comprehensive history of the matching and resolution process for full auditability.
Accounts Payable Resources
Top-Rated Invoice Capture Tool
Jennifer Rogers
"With Centime AP, we have streamlined invoice processing and supplier payments. And, our auditors are really happy that we now have strong payment controls."
Drew Pearson
"We only make supplier payments after we understand their impact on future cash. Centime AP includes a cash forecast, and gives our team a view into future cash flows so that we can make strategic choices about who and when to pay."
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What is purchase order (PO) matching, and why is it important in accounts payable?
By automating PO matching, businesses can reduce manual errors, speed up approvals, and improve financial accuracy.
How does Centime's PO Matching feature automate the matching process?
What are the differences between 2-way, 3-way PO matching?
3-Way Matching: Adds a receipt of goods or services as a third checkpoint. The invoice must match both the PO and the receipt, ensuring that what was ordered was actually received before payment is approved. This extra step reduces the risk of paying for missing or incorrect items.
Can Centime's PO Matching handle discrepancies, and how are they resolved?
Schedule a tailored demo with a Centime expert.
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††3.0% Annual Percentage Yield (APY) as of 01/07/25. Deposit rate may adjust to current market rate and may change daily. Fees may reduce earnings.