The founders have been simplifying and automating P2P processes for 12 years. Accounts Payable departments the world over kept telling us there must be a simple way to automate the reconciliation of supplier statements. We couldn’t find one, so we developed Statement-Matching.com.
How it works – Paper, PDF and Excel statements are reconciled to the data from any accounting system & the matching works cross-company & cross-system if you need it to. Every time new data from your accounting system is uploaded the statements already in the system are automatically re-reconciled and all the reports are updated.
You can send status reports to suppliers to request copies and give them the status information they would normally ring you up to get. Invited suppliers can also see the status of their account online, exchange messages with AP and even upload their own statements. There is no software or hardware to install and we can have you up and running in 3 days once we have the initial data from your accounting system.
“With Statement Matching, I have finally found the product I have been looking for after almost a decade of research. Statement-Matching.com provides the all-inclusive solution that provides easy upload, reconciliation and communication back to the vendor ensuring accurate results for approximately 5,000 vendors. Having our bookkeeping records match all our vendors’ has never been easier while saving so much valuable time!”
“Speed is the key, and the only way to achieve this while retaining accuracy was through automation. With Statement-Matching.com, supplier statements are in our systems faster, exceptions are identified faster and the accounts payable team has time to resolve these because they are not spending time manually checking every entry. If everything on a statement matches, it is reconciled in seconds. Sophisticated but straightforward, Statement-Matching.com just works.”
Read the full case study to find out more about the benefits TalkTalk have achieved using Statement-Matching.com
“Automating our system with Statement-Matching.com has resolved the challenge we faced as a result of the increase in invoice volume. For example, a statement that could previously take up to two days to reconcile can now be completed in an hour and a half. The cloud-based nature of the Statement-Matching.com technology is also critical to us as it makes the system low maintenance from an IT perspective and accessible to remote internal customers.”
Read the full case study to find out more about the benefits Johnson Matthey have achieved from using Statement-Matching.com.