Supplier Statement Reconciliation is a critical Accounts Payable process to ensure supplier balances are accurate for financial reporting. Automating the statement review process ensures profits are maximised as it will identify all missing credit notes, over-payments, miss-postings and potential duplicates. Being proactive will also speed up query resolution to increase early payment discount opportunities.
Or take it a step further by giving suppliers access to reconcile their own statements, view the status of their invoices and exchange messages with Accounts Payable securely via the web. Start transforming the role of Accounts Payable now by booking a live demo to see automated vendor statement matching working in a live system and find out how to take advantage of our free trial.
It will take 45 minutes to show you how it works on a live system, go through setup for the trial and pricing.
Paper, PDF and Excel statements are reconciled automatically, so you only have to manage the exceptions. Use software to empower your Accounts payable teams and take advantage of cloud computing to match your statements, saving time and money.
Put the onus on your suppliers to upload their own statements, view invoice status reports and exchange messages via the portal. Streamline your review process from start to finish so you can focus on what really matters.
Reconcile more statements in less time and focus on resolving invoice processing errors to maximise profits. Ensure no mistakes are missed and take advantage of early payment opportunities by using powerful software to manage your vendor statement review process.