Purchase to Pay – Statement-Matching.com features in APN guide

Purchase to Pay – Statement-Matching.com features in APN guide

Accounts Payable News (APN) has launched its guide to Purchase to Pay (P2P), looking at the latest news and developments.  We discuss the benefits of automating the supplier account in an article on page 13. The complete report is available to download here: P2P Insights e-book

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Statement reconciliation: the key business process that only 12% of organisations undertake in full

43% of organisations would reconcile all their supplier accounts if they had unlimited time, while 16% would focus on their top 100 suppliers and 15% would prefer to concentrate on the top 20.  This is a key finding of research (see Note 1 below) commissioned by Statement-Matching.com and undertaken by APN and indicates that statement […]

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The state of statement reconciliation: Statement-Matching.com launches research findings

We commissioned APN to undertake research on our behalf, with the aim of exploring the key areas of supplier interaction and AP processes, and uncovering trends and current practices. The results were interesting.  For example,  43% of organisations would reconcile all their supplier accounts if they had unlimited time, while 16% would just focus on their […]

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Automated Statement Reconciliation Yields Dramatic Results

Automated Statement Reconciliation Yields Dramatic Results. Watch this video to hear from David Hay, Subject Matter Expert at The Accounts Payable Network, about the benefits of automated statement reconciliation.  

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7 Reasons to Automate Supplier Statement Reconciliation

Watch this video to hear from Steven Petty, Finance Service Centre Manager at SAICA, about the 7 reasons to automate supplier statement reconciliation. Paper and packaging company SAICA is automating its statement reconciliation with Statement-Matching.com.  SAICA, which also provides waste collection and disposal and energy generation, adopted the technology after a move to centralised invoicing […]

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Premier Foods improves GRIR clearing in SAP

Watch this video to learn how Premier Foods used Statement-Matching.com to improve GRIR clearing in SAP. The GRIR clearing account is an intermediary clearing account in SAP for goods and invoices in transit. It is the value of goods receipted awaiting an invoice or the value of goods invoiced awaiting a goods receipt. The GRIR […]

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Cloud-based financial applications – Statement-Matching.com talks to Computer Weekly

“Although we are not seeing a wholesale migration of core ERP [enterprise resource planning] financial applications to the cloud, we are witnessing CFOs dipping their toes in the water by trying out bolt-on financial applications for specific processes, such as supplier statement reconciliation.” ComputerWeekly.com discusses how CFOs in Europe are recognising the benefits that cloud-based […]

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How cloud based statement reconciliation software can help to manage business finance

Cloud based software has transformed the technology profile of many organisations. In particular it can provide access to tools and services that have previously been out of reach for reasons including cost, long contracts with third party suppliers or the need for specialist resource if run in-house. We talk to Fresh Business Thinking about how […]

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Considerations for reconciling the supplier account

Most organisations have to reconcile supplier accounts as part of their audit processes.  This ensures that supplier balances are accurate for financial reporting and profits are maximised by ensuring no credit notes are missing or invoices duplicated. In principle, the process for reconciling supplier accounts is very straightforward.  But in practice it is time-consuming for […]

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Johnson Matthey automates statement reconciliation with Statement-Matching.com

Sustainable technologies company increases efficiency of accounts department and moves towards becoming paperless office Sustainable technologies specialist, Johnson Matthey Process Technologies, has selected Statement-Matching.com to automate the supplier statement reconciliation process for its UK based businesses. The move to the cloud-based system has enabled the division’s accounts payable team to process statements more efficiently.  It […]

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