An invoice-entry control — distinct from vendor statement reconciliation — that checks a purchase order, a goods receipt, and a vendor invoice agree before the invoice is approved for payment.
A three-way match is an ERP control performed at invoice entry: it checks that a purchase order, a goods receipt (confirmation the goods or services arrived), and the vendor's invoice all agree on quantity and price before the invoice is approved for payment.
This is a different process from vendor statement reconciliation. Three-way match happens once, per invoice, at entry time. Vendor statement reconciliation happens periodically, across an entire vendor relationship, comparing the vendor's own statement against everything your books show for that period.
This course does not teach three-way match — but knowing the name (and that some ERPs call the same idea GR/IR or GRNI matching) stops you confusing the two processes in an interview or on the job.
StatementZen Academy Team — Built from StatementZen's own vendor statement reconciliation engineering and casework — pending Michael's named byline commitment (spec.md section 7). · Last updated