--- title: "What’s new in Fraxion: Invoice matching enhancements" description: "Fraxion" image: https://www.fraxion.biz/hubfs/Group%2021035%20%281%29.webp canonical: https://www.fraxion.biz/blog/invoice-matching-enhancements url: https://fraxion.getmd.ai/blog/invoice-matching-enhancements.md last_converted: 2026-08-10T07:17:38.129Z --- ```json { "@graph": [ { "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://www.fraxion.biz" }, { "@type": "ListItem", "position": 2, "name": "Blog", "item": "https://www.fraxion.biz/blog" }, { "@type": "ListItem", "position": 3, "name": "What’s new in Fraxion: Invoice matching enhancements" } ] }, { "mainEntityOfPage": { "@type": "WebPage", "@id": "https://www.fraxion.biz/blog/invoice-matching-enhancements" }, "author": { "name": "Fraxion", "url": "https://www.fraxion.biz/blog/author/fraxion", "@type": "Person" }, "headline": "What’s new in Fraxion: Invoice matching enhancements", "datePublished": "2024-08-13T17:28:04.000Z", "dateModified": "2024-08-13T17:28:04.682Z", "publisher": { "name": "Fraxion", "logo": { "url": "https://www.fraxion.biz/hubfs/Fraxion_spend-management.png", "@type": "ImageObject" }, "@type": "Organization" }, "@context": "https://schema.org", "@type": "BlogPosting", "image": [ "https://www.fraxion.biz/hubfs/Group%2021035%20%281%29.webp" ] }, { "@context": "https://schema.org/", "@type": "SoftwareApplication", "name": "Fraxion", "image": "https://www.fraxion.biz/hubfs/Mercuric/fraxion-procurement-software-logo-color.svg", "description": "Fraxion is a mid-market procure-to-pay platform that helps finance teams control spending before money is committed, automate AP, and extend their existing ERP—without the complexity of an enterprise system.", "brand": { "@type": "Brand", "name": "Fraxion" }, "aggregateRating": { "@type": "AggregateRating", "ratingValue": "4.4", "bestRating": "5", "worstRating": "1", "ratingCount": "193", "reviewCount": "193" }, "review": { "@type": "Review", "name": "G2 User", "reviewBody": "It used to take me a month and a half just to enter invoices; now I can easily get through each one in about three to four minutes. Fraxion pulls in all the details—prices, quantities—so it's much easier to spot mistakes. It's made my job so much easier.", "reviewRating": { "@type": "Rating", "ratingValue": "5", "bestRating": "5", "worstRating": "1" }, "datePublished": "2026-03-12", "author": { "@type": "Organization", "name": "G2" }, "publisher": { "@type": "Organization", "name": "G2" } } } ] } ``` [Home](https://www.fraxion.biz/) / [Blog](https://www.fraxion.biz/blog) / What’s new in Fraxion:... News # What’s new in Fraxion: Invoice matching enhancements [Fraxion](https://www.fraxion.biz/blog/author/fraxion) Aug 13, 2024 ![Invoice matching](https://www.fraxion.biz/hubfs/Group%2021035%20%281%29.webp) We’re excited to announce the latest update to our procure-to-pay suite:**invoice matching enhancements**. These upgrades significantly improve the efficiency and accuracy of the invoice matching process, making it easier than ever to match invoices with purchase orders and received items to manage risk in accounts payable processes. **Fraxion's invoice matching: faster, and easier than ever****** The enhanced invoice matching feature introduces a new editable field, allowing users to enter multiple purchase order numbers. The system then prioritizes and highlights the closest matches under purchase orders and received items, simplifying the process of linking invoices to the correct purchase orders. **How Fraxion’s enhanced invoice matching improves your workflow** Building on the existing invoice matching functionality, Fraxion users now experience added invoice management efficiency with our enhanced linking feature. Our system prioritizes the closest matching purchase orders for quick and accurate linking, highlighted for easy identification. Whether linking the full purchase order or an invoice line item, the intuitive interface ensures precise association of relevant items, enhancing the accuracy and speed of your invoice matching process. This streamlined approach eliminates guesswork and boosts productivity, saving significant time and improving the invoice management process. **Reduce costs and risks with effective invoice matching** Invoice matching is a critical component of a company's accounts payable operations, ensuring that invoices align with supporting documents before payment. Whether your organization uses two-or three-way matching, this process enhances accuracy and compliance by verifying that goods and services ordered and received match the original purchase order, reducing the risk of fraudulent and inaccurate invoices. Effective invoice matching saves costs by preventing overpayments and financial losses from duplicate invoices and paying for goods not received. Digital matching speeds up the process, reducing errors, and highlighting issues and exceptions for faster resolution, ultimately enhancing financial efficiency and security. **What are the benefits of Fraxion's invoice matching enhancements?** **Time savings:****These enhancements reduce the time required to manually link invoices and purchase orders by highlighting the closest matches, making the process faster and more efficient. With all purchasing records centralized in Fraxion, invoice matching becomes effortless, audits are streamlined, and issues with lost documents and retrieval are eliminated. **Improved accuracy:****By prioritizing and highlighting the best matches, these enhancements minimize the risk of errors, ensuring that invoices are correctly matched to the appropriate purchase orders and received items. **Greater control:****The new features offer greater control over the AP process, improving compliance with [purchasing policies](https://www.fraxion.biz/blog/why-purchasing-internal-controls-matter) and providing clear visibility and accountability throughout the workflow. **Streamlined workflow:****The enhanced invoice matching integrates seamlessly with existing processes, offering users an intuitive and efficient way to manage invoice matching, reducing manual effort and increasing operational efficiency. **In summary, these are the key benefits:** For users: - Time efficiency - Accuracy improvements - Streamlined process** For your business: - Improved auditability and control - Greater efficiency across finance departments - Time savings - Compliance with invoice processing policies - Overall cost savings Fraxion's procure-to-pay solution includes artificial intelligence (AI)-driven AP automation, invoice matching, approvals, and invoice batching. To see how the latest feature enhancements complement and extend our accounts payable suite, [request a demo today](https://www.fraxion.biz/get-a-demo). We'd like to show you how you can streamline your AP processes and achieve greater accuracy and control in your financial operations. [News](https://www.fraxion.biz/blog/tag/news) News ## Similar posts News ### Introducing Fraxion AP automation features: AI-powered invoice processing with accuracy and control Discover how Fraxion's new AP automation tool enhances efficiency and accuracy in accounts payable, reducing manual data entry and errors with... Fraxion Mar 6, 2024 News ### What's new in Fraxion: Invoice batching Introducing Fraxion's latest addition to the procure-to-pay suite, invoice batching. Streamline how you group multiple approved invoices into a... Fraxion Jun 6, 2024 News ### Fraxion secures investment and joins forces with Centreviews Fraxion secures majority investment from Main Capital Partners, with Centreviews joining as the first add-on to build out next-gen procure-to-pay... Fraxion May 22, 2025 ### Subscribe for updates and spend management insights Get our latest content, updates, and how-to resources delivered to your inbox. ## See how Fraxion enables complete spend visibility and control Book a demo to see how Fraxion can assist your organization. [Book a demo](https://www.fraxion.biz/get-a-demo) ![Fraxion spend distribution dashboard on a laptop](https://www.fraxion.biz/hubfs/website%20rebrand%202026/blog/Device%20-%20Macbook%20Air.avif)