Which framework does Workday use to implement invoice matching before settlement?

Workday utilizes the Condition rule framework to implement invoice matching before settlement. This framework is designed to evaluate the conditions and criteria set by the organization to ensure that invoice processing aligns with the corresponding purchase orders and receipts. The Condition rule framework provides the flexibility to define specific matching rules that determine when an invoice is considered valid for payment.

This approach ensures that discrepancies between the invoiced amounts and what has been received or ordered are addressed before settlement occurs, thereby preventing overpayments and ensuring compliance with company policies and supplier agreements. By leveraging this framework, organizations can automate the invoice matching process, leading to increased efficiency and accuracy in financial operations.

The other frameworks mentioned do not serve the same purpose in the invoice matching process. For instance, Workflow governance framework is more focused on the overall management of workflows, which might include approvals but not specifically on invoice matching. The Invoice compliance framework deals with ensuring that invoices comply with regulatory and contractual obligations rather than matching criteria. Lastly, the Supplier contract framework pertains to the management of supplier agreements and terms, which is essential in procurement but does not directly influence the invoice matching process itself.