This cloud-based Statement Matching platform automates the reconciliation process enabling you to pay suppliers on time and significantly reduce supplier queries.
Supplier statement reconciliation is an essential task, enabling Accounts Payable to check payments have been received and matched correctly. Automating this task can save time whilst also reducing the risk of human error.
By automating statement reconciliation financial reports are more accurate, helping to highlight potential issues quicker, such as missing invoices, errors, duplicates and any discrepancies, enabling them to be quickly resolved. In turn, this improves payment on time, reduces supplier queries and ensures ledgers are accurate for financial reporting.
Invoice data is automatically reconciled daily and any exceptions are highlighted
Share reports with suppliers or give them self-service access via the portal
Quickly identify missing invoices/credits, miss-postings or data discrepancies
Reconcile higher volumes of statements, resolve errors quicker and reduce queries
As a cloud-based solution securely hosted on Microsoft Azure you are able to share reports with suppliers to request missing invoices/credits and provide status for each document with due dates, paid dates and payment references. Thereby reducing supplier queries and improving relationships.
We offer live online demonstrations which will take about 30 minutes, but the best way to evaluate Statement Matching for your business is to see it working with your own data. Our proof-of-concept service is completely free of charge and requires no involvement from IT!
To arrange your FREE demo or proof-of-concept please enter your details below and a member of our team will be in touch.
We are experts in all aspects of data capture, with over 30 years of experience in the industry, and would be delighted to show you what we can offer your business.
Get in touch today to arrange your completely free Statement matching demonstration and proof-of-concept using your own data. We are confident that with our experience and technology we can provide a service that will make a real difference to your business.
Start saving money and time today.