MatchPoint®

VERIFY INVOICES WITH AUTOMATED PRECISION

MatchPoint from Fiserv is a practical invoice validation solution that ensures both vendor accountability and invoice accuracy. Through automated invoice matching and invoice reconciliation – a process that compares invoices with actual goods and services orders – MatchPoint helps eliminate overpayment to vendors, improve audit trails, and safeguard against fraudulent billing schemes.

A VALUABLE PART OF YOUR VENDOR MANAGEMENT PROGRAM

Many businesses spend millions annually on goods and services, without assurance that vendor payments accurately reflected negotiated prices. MatchPoint automatically calculates exact costs based on each vendor's pricing rules, regardless of complexity. The system also improves supplier management by enabling an "Invoice to Pay" process in which positive invoices can be used to initiate payments to vendors. Vendors may send invoice information data electronically, in multiple formats, or manually key the data into MatchPoint via the Internet.
Finally, MatchPoint creates complete audit trails of activity relating to matched and unmatched invoice items. This information is readily available for easy production of detailed reports.

BENEFITS

• Helps eliminate overpayments to vendors
• Reduces losses by identifying unmatched invoice items
• Increases internal and external accountability
• Handles complex pricing agreements
• Creates audit trails for goods and services payments
• Provides a stand-alone or integrated solution
• Offers centralized invoice reconciliation
• Meets the needs of many businesses and industries
• Integration with TrackPoint™ system provides a comprehensive solution for delivery management and invoice validation

MatchPoint is an invoice validation solution that eliminates overpayments for services by reconciling approved service requests with actual services, and calculating approved costs based on vendor pricing rules.

For more information about MatchPoint, download the brochure. You can also contact Brian Jorgenson at 972.774.2883 or complete our Information Request Form.