Procurement & Supply Chain / Procure-to-Pay
Three-Way Match Rate ~ (aliases: PO match rate, invoice match rate, touchless/straight-through match, first-pass match)
The share of supplier invoices that reconcile automatically against the purchase order and the goods receipt before payment.
The fork, why two teams get different numbers
How many documents must agree, and whether "matched" means first-pass or eventually.
In the Metric Library
- The full fork, both definitions worked all the way through
- The trap that makes the number lie, on a real export
- Every formula variant, spelled out
- The reconciliation anchor, what to tie it to and when to refuse
Reference: ISM · AICPA (internal control over procure-to-pay) · APICS/SCOR