Difference between revisions of "3WM"

Revision as of 03:22, 5 October 2017

3WM is the IV practice of matching three documents prior to approving payment of a supplier invoice:

Purchase Order or Scheduling Agreement
GR
Supplier Invoice

Generally data elements include: Volume (quantities), Price, Condition and other terms such as penalties for late delivery, discounts for early delivery or payment.

Hierarchy

ID	Name	Level	x
IV	Invoice Verification	1	IV
3WM	Three-Way Matching	2	3WM

Process(es)

ID	Name	Level	x
S107	Approve Payment	3	S107
S208	Approve Payment	3	S208
S309	Approve Payment	3	S309

Three-Way Matching Invoice Verification 3 2 {{{keywords}}} {{{description}}}