Effortlessly Manage
Vendor Statements with StatementZen
StatementZen’s powerful suite of features streamlines statement reconciliation, vendor management, and integration.
Instantly streamline statement reconciliation and boost financial transparency with StatementZen.
Our intelligent automation combines statement audit, statement matching, and AP matching into one platform. Finance teams can verify supplier data, reconcile faster, and maintain complete compliance records without the hassle.
The statement matching engine automatically compares supplier statements to your AP ledger, purchase orders, and payment records. It handles multiple formats — PDF, Excel, CSV — with high-accuracy OCR for rapid data capture.
Integrate accounts payable matching automation directly into your workflow. Reduce manual intervention, improve accuracy, and keep month-end close on schedule.
With Statement Zen’s statement audit tools, every line item is verified. Missing invoices? Duplicates? Incorrect amounts? Our system flags them instantly, producing a clear audit trail for compliance teams.
Generate detailed supplier matching reports to track accuracy, payment timeliness, and invoice quality. Use this data to strengthen vendor relationships.
Key Features
StatementZen is designed to ease the heavy lifting of accounts payable by providing automation, seamless integration, and user-friendly tools.
Users can sign up and sign in with ease, choosing the method that best suits their needs, whether it’s email-based authentication, social login, or corporate account sign-ins.
Customize user roles and permissions to control who has access to certain parts of the platform. This ensures that sensitive financial data is only available to authorized personnel.
StatementZen grows with your business. No matter how many vendors you manage, the platform supports an unlimited number of vendors, so you don’t need to worry about outgrowing the system.
Manage vendor profiles, payment histories, and communication logs in one place. StatementZen provides a centralized dashboard that enables you to track and organize all interactions with vendors.
Seamlessly connect with your existing accounting systems like Xero and QuickBooks. StatementZen synchronizes data in real-time, eliminating manual data entry and reducing the risk of errors.
Extract vendor statements from various file formats, including PDFs, spreadsheets, and more, with ease. This feature allows you to upload and organize bulk statements quickly, making data handling smooth and efficient.
Match vendor statements with purchase orders, invoices, and payments automatically. This feature ensures that discrepancies are flagged immediately, helping you avoid costly errors or delays.
A statement audit is the process of reviewing supplier statements to verify every
transaction matches your internal records. This includes checking for missing invoices,
duplicate charges, and incorrect amounts. Learn more in our statement audit tools
section.
A statement audit focuses on verifying each line item in a supplier statement, while
statement reconciliation ensures your AP ledger matches supplier records as a whole.
Both processes work together for accurate accounts payable.
Yes. Statement Zen automates the audit process using AI-powered data capture and
matching algorithms. This allows your team to focus on resolving issues, not finding them.
Sign up for a free trial today and see how StatementZen can transform your financial workflow!
