Integrated supply chains are typically out of reach for all but the richest companies in the world - as the cost of systems, processes and coordination can be very high. But this is no longer the case. PrimaMatch delivers exceptional functionality with minimum cost and effort - bringing the efficiencies that the largest players enjoy via their multi-million USD IT environments through to the mass market of SMEs and mid-cap companies.

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PrimaMatch delivers the functionality of a self-billing platform to SMEs and mid-caps without the significant expense of a major ERP upgrade:

• We pull data on open purchase orders from the buyer systems. This is generally a simple process enabling purchase orders to be mapped to suppliers.

• Suppliers ship (FOB) or deliver (landed) their products and then use our PrimaShip product to upload their commercial and shipping documents - invoices, packing lists, bills of lading, airway bills, delivery notes etc.

• Each supplier is then presented with its list of open purchase orders and it is a simple task then to indicate which purchase orders are in the shipment against which invoices (ie: quantity and price for each product).

• With the POs matched against the shipment, we can then execute a 3-way match:

  • purchase orders

  • shipping and other documents

  • commercial invoices

 

 This 3-way match happens much earlier on our platform than in a conventional buyer accounting system or ERP. We achieve the match at shipment or despatch of goods rather than later when goods are receipted into a warehouse.​ 

 

In turn, this capability enables invoices approvals to be much quicker, and then payments to be made much earlier to suppliers - all of which can result in significant savings for buyers on the cost of goods - up to 1% or more in savings can be achieved on the cost of all goods purchased.