Retail_HQ/PO Finance

Purchase Order Finance

Procurement to finance handoff — 3-way match, variance, and commitments.

2 mismatches
Open PO value
₦69.9M
Committed spend
₦124M
3-way matched
82%
Variance alerts
3

3-way match board

1
Purchase Order
Raised by procurement
2
Goods Received Note
Confirmed at warehouse
3
Supplier Invoice
Received from supplier

PO vs GRN vs invoice

POSupplierPO amtGRNGRN amtInvoiceInvoice amtStatus
PO-1042WAMCO₦24.8MGRN-988₦24.8MINV-3311₦24.8M3-way match
PO-1051Dufil₦12.2MGRN-991₦12.0MINV-3320₦12.2MGRN short
PO-1055Rite Foods₦8.4M——INV-3325₦8.4MInvoice, no GRN
PO-1058Emzor₦18.4MGRN-994₦18.4M——GRN, no invoice
PO-1061Reckitt₦6.1MGRN-996₦6.1MINV-3330₦6.6MInvoice > PO

Variance alerts

  • PO overrun
    PO-1061 Reckitt — invoice ₦500k above PO value.
  • No GRN
    PO-1055 Rite Foods — invoice received, goods not confirmed.
  • Awaiting invoice
    PO-1058 Emzor — GRN 4d old, invoice pending.
  • Short GRN
    PO-1051 Dufil — ₦200k of stock not received.

Supplier commitment

SupplierOpen POCommitted YTD
WAMCO₦24.8M₦148M
Emzor₦18.4M₦96M
Dufil₦12.2M₦72M
Rite Foods₦8.4M₦48M
Reckitt₦6.1M₦36M