Settle Launches Purchase Order Automatic 3-Way Matching, Revolutionizing Procurement Processes
NEW YORK, March 27, 2024 /PRNewswire/ -- Settle, the leading cash-flow management platform, today announced the launch of Automatic 3-Way Matching for Purchase Orders, designed for the evolving needs of hyper-growth e-commerce and CPG brands. This 3-way matching solution bolsters Settle's commitment to simplifying cash flow management by saving critical time for accounting and operations teams, and focusing on innovating to solve inventory complexity.
- In the past year, Settle has found that 47% of POs had inconsistencies versus their corresponding bills totaling more than $12 million in discrepancies identified for customers.
- Customers can centralize their AP documents and workflows from purchase to pay without scouring through folders and emails.
- "Our Automatic 3-Way Matching marks a significant leap forward in removing typical bottlenecks with extreme accuracy, efficiency, and control in cash flow management.
- Settle's free basic plan offers creation and storage of unlimited purchase orders for any CPG and e-commerce brand.