Three-way match without the three-week implementation.
AP fraud and duplicate payments almost always trace back to the same root cause: nobody actually compared the PO, the receipt, and the invoice before the check went out. TrackElan performs three-way match as a system function — a vendor invoice that does not tie to a goods receipt within tolerance is held, not posted.
Payment runs pull straight from matched, approved invoices, and every payment carries the GL and cost-center assignment inherited from the originating PO, so finance never has to guess where the spend landed.
Stop duplicate and out-of-tolerance payments before they leave the bank account
Capture early-payment discounts automatically instead of missing the window
Give AP a real approval workflow instead of an email chain and a shared inbox
Get PO-to-payment audit trail on day one instead of building it later
Directional estimates based on typical mid-market rollouts. TrackElan cost index is normalized to 1.0; SAP/Oracle figures reflect license, implementation-partner, and BI add-on costs common at this deployment size.
| Capability | TrackElan | SAP | Oracle | Spreadsheets / Legacy |
|---|---|---|---|---|
| Native financials in the base license | Extra module/SKU | Extra module/SKU | ||
| Reporting & pivots included | Separate BI license | Separate BI license | Manual only | |
| Typical go-live | 2–4 weeks | 9–12+ months | 8–10+ months | N/A |
| Implementation partner required | ||||
| Data stays reconciled automatically |