Published: Mar 8, 2023
by Gabrielle Pickard-Whitehead
In Small Business News
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Amazon Business has announced the launch of 3-Way Match on the Amazon Business mobile app, which is designed to help business customers improve their smart business-buying strategies and automate reporting.
The new 3-Way Match app is a quick and simple method to close purchase orders wherever they are and at any time, at no additional cost. It works by enabling account administrators and other approved buyers to use a mobile device to scan barcodes on packages when they arrive and automatically mark them as received.
Amazon 3-Way Match Mobile App
Amazon Business is approaching one million active users on its mobile app in the United States alone. These businesses of all sizes are able to use the app to digitize and automate procurement with a variety of powerful management controls and analytic tools.
The latest tool is now the 3-Way Match mobile app, which is a common accounting control that ensures purchase payments are received and complete.
Mobile App for Flexibility
A statement on the About Amazon website explained why the mobile device version of 3-Way Match is so important, saying: “Until now, it was cumbersome to use because it was only available on desktop or via handheld scanners. The mobile version adds the extra flexibility of being able to complete a 3-Way Match in real-time from anywhere.”
The Vice President of Technology at Amazon Business, Doug Gray, added: “Manual processes cannot be scaled efficiently, especially for large organizations. Integrating our 3-Way Match capability on the Amazon Business mobile app simplifies the process so customers can reconcile their purchases in seconds. At Amazon, we’re driven to find better ways for our customers to work, and our 3-Way Match mobile scan does just that.”
3-Way Match Protection
Accounts payable and procurement teams can use 3-Way Match to protect their organization from paying for incorrect invoices, as well as for items not yet received. It can also protect against fraudulent purchases.
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Today, Amazon announced the launch of a mobile application to support business customers with the three-way match process.
The 3-Way Match Mobile App makes it easy for Amazon Business customers to quickly match invoices, receipts, and shipments to easily manage finances. The app helps users to reduce reconciliation time and save money due to improved visibility into purchase order fulfillment.
The 3-Way Match Mobile App uses Amazon’s secure technology to connect to a customer’s Amazon Business account and facilitate the 3-way match process. The app helps users to track, review, and manage invoice, receipt, and shipment data. The app also provides analytics to identify discrepancies and outliers that require attention and adjust the settings for invoices, shipments, and receipts to automatically flag items for action.
Amazon stated that the app was developed to help customers make their business more efficient and streamlined, by providing real-time insights into their financial processes. It is designed to help businesses optimize their cash flows and financial operations, handle reconciliation more quickly, and reduce internal costs.
The 3-Way Match Mobile App can be downloaded for free on the App Store and Google Play store. It is compatible with both iPhone and Android devices, and Amazon also announced plans to launch a web-based version in the near future.
Amazon has made it easier than ever for businesses to keep their finances in order with their new 3-Way Match Mobile App. By streamlining the reconciliation process and providing insights into purchase order fulfillment, businesses will save time and money while becoming more efficient.