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What makes automated intercompany matching work?

Record-to-Report (R2R) · Article FAQ

Detailed Explanation

Standardised reference fields, above all. Automated rules can only match on what both sides recorded, so a shared transaction identifier written consistently at source does more for the match rate than any tuning downstream. After that, rules layered by confidence: exact matches cleared automatically, tolerance-based matches cleared with a logged rule, and everything else routed to a human. The measure that matters is time-to-resolution, not the raw match percentage. A high auto-match rate that leaves the hard breaks untouched until day eight of close has not solved the problem.

Disclaimer: This material is for educational purposes only. Every financial situation is unique. Consult with a certified professional before making significant decisions.