Most companies don't need invoice matching, but it may be a key requirement if your netting parties deliver complex, inaccurate or incomplete information. Some industries, for example the logistics industry, require matching because of the large amount of detail included in invoices submitted by agents around the world, which counterparties often need to reconcile back to their own records. 

EuroNetting includes an optional matching module to handle this requirement. The module is integrated into the EuroNetting platform to provide an efficient workflow, however it can also be licensed as a standalone matching system without netting.

Because EuroNetting Matching runs on the Internet it is ideal for running a matching process involving entities that are not on your corporate intranet.

From the administration section of the matching module, the netting administrator can initiate the matching, view statistics and transfer matched items into the netting system. The matching algorithms use parameters you define to identify full and partial matched items, including custom reference fields defined as part of your netting configuration.

You can view partial matches and choose to accept or reject them; by modifying the matching parameters, it is possible re-run the matching to capture additional potential matches.

The EuroNetting Matching module also contains flexible reporting and data export options.