Supplier Statement Reconciliation

Match invoices received for processing against the statement lines

Who has time to complete the supplier statement reconciliations?

 

Acume automates supplier statement reconciliation by matching statement lines to processed invoices in real time—no more spreadsheets or manual checks. Missing or mismatched invoices are flagged instantly, giving finance teams clear visibility and helping prevent payment delays, duplicate payments, or month-end surprises. Whether you’re managing hundreds of vendors or reconciling across multiple entities, Acume makes it easy to stay on top of your AP obligations with confidence and control.

Sick of looking up invoices one at a time to ensure they are all being processed? Let Acume do this for you.

Proactive trading

Your supplier for missing invoices before they chase you for payment.

Improve accuracy

Be sure you have your liabilities registered before end of month.

Best practice

In front of your audit with closed loop process.

Standard function

This process is standard for any customer using Acume Inbound Invoice processing.

Simple process

Click to view the statement.

Automatch

Select the supplier name and click ‘Reconcile’.

If all statement lines are matched to an invoice Acume will move the document straight to reconciled.  

Automatch Select the supplier name and click 'Reconcile'. If all statement lines are matched to an invoice Acume will move the document straight to reconciled.
Streamlined Supplier statements reconciliation with Acume allows you to bypass the ordinary and get to the issues.

Pending reconciliation

Missing lines are highlighted.  These may be references that can be deleted.

Acume will suggest possible matches where it is unsure.

View matched invoices by clicking on the ‘Matched to’ link

Missing Invoices can be followed up with your supplier

Streamlined supplier statements reconciliation with Acume allows you to bypass the ordinary and get to the issues. 

The future is digital, and the future is here. Standards-based, integrated business processes eliminate manual errors with data direct from the source.

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To find out more about how Acume could be a game changer for your business.

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