ERPs are built for recordkeeping, not accounts payable workflows.
When it comes to PO creation and invoice matching, finance teams hit roadblocks: manual effort, long cycle times, and missed controls.
The solution? Add an automation layer that enforces 3-way matching without replacing your ERP.
The Matching Gap in ERPs
Most ERPs support only basic, 2-way matching between PO and invoice.
Here’s what they miss:
- No goods receipt validation
- Limited workflow automation
- Manual reconciliation
This creates risk. According to studies, manual matching leads to:
- Invoice error rates of 8–12%
- Cycle times of 14–18 days
- <10% early payment discount capture
Why Automation Outperforms ERP Matching
Modern AP automation platforms introduce:
- 3-way PO matching (PO ↔ Invoice ↔ GRN)
- AI-powered line-item verification
- Exception routing and auto-approval logic
This unlocks faster processing without sacrificing control.
Strategic Implications for Finance
Sticking with ERP-only matching puts working capital and audit-readiness at risk.
Key impacts of limited ERP matching:
- Duplicate or early payments
- Missed cash discounts
- Low visibility for forecasting
- Disconnected approvals across entities
Automation solves this by making policy-based approvals scalable.
Real ROI: Automation vs ERP Matching
Your ERP is essential, but it wasn’t built to scale invoice approvals or enforce 3-way matching.
Finofo integrates directly with ERPs to deliver smarter invoice capture, AI matching, and unified visibility to help finance teams close faster, improve control, and unlock cash that’s been sitting in the workflow.
See Finofo in Action
Book a demo to discover how our platform automates PO matching and accelerates payables without ripping out your ERP.
