From Manual to Automated: Modernizing Your Statement Matching Process
If your accounts payable team is still doing statement matching with spreadsheets, you’re leaving money on the table. Every duplicate payment, unapplied credit, or month-end reconciliation delay eats away at cash flow and trust with suppliers. And the truth is, manual processes are not just slow—they’re inherently prone to error. That’s why forward-thinking finance leaders […]
The Complete Guide to AP Matching: From Invoices to Statements
In accounts payable, accuracy isn’t a “nice to have” — it’s the difference between protecting your margins and bleeding cash without knowing it. AP teams often get bogged down in chasing discrepancies, re-processing invoices, and fielding supplier disputes. The irony? Most of these problems can be prevented with one discipline done right: AP matching. This […]
How to Speed Up Month-End Close with Automated Statement Reconciliation
Month-end close is the financial equivalent of running a marathon every 30 days. For AP teams, it’s a race against deadlines, balancing the pressure of delivering accurate numbers with the reality of limited time and too many moving parts. If you’ve ever stayed late triple-checking supplier balances, chasing missing invoices, or explaining timing differences to […]
Supplier Statement Matching Comparison: Finding the Right Solution for Your AP Team
The Problem With Choosing the Wrong Supplier Statement Matching Solution Your AP team already knows the value of supplier statement matching — it’s the safety net that catches missing invoices, unclaimed credits, and duplicate payments before they impact cash flow. But here’s the trap: Not all supplier statement matching solutions are created equal. Choose the […]
Statement Reconciliation vs. Statement Audit: What’s the Difference?
Confused about statement reconciliation vs statement audit? Learn the key differences, when to use each, and how they work together to ensure accurate AP records. In accounts payable, few terms cause as much confusion as statement reconciliation and statement audit. They sound similar, they’re often discussed in the same breath, and both involve comparing supplier records […]
Automated Accounts Payable Matching: Benefits, Tools, and ROI
Discover how automated accounts payable (AP) matching works, the benefits it brings, the tools that power it, and how to measure your return on investment (ROI). Manual accounts payable matching is like trying to find mismatches in a 200-page ledger with nothing but a highlighter and coffee — slow, error-prone, and exhausting. With automated accounts payable […]
Why Missing Invoices Are Costing You and How Statement Audits Can Help
If you’re running an accounts payable (AP) department, missing invoices are more than just an annoyance — they’re a silent, consistent drain on your time, cash flow, and supplier relationships. It’s not the kind of problem that shows up in one dramatic moment; it’s the small, repeated leaks that slowly sink the ship. The truth? […]
Statement Audit Checklist: How to Ensure Accuracy Every Month
A practical 10-step statement audit checklist for AP teams who want accuracy every month — with tips from real-world finance pros and automation insights to save time and prevent costly errors. In accounts payable, the numbers must add up — every invoice, credit, and payment needs to align perfectly between your books and your suppliers’ […]
5 Common Statement Matching Errors and How to Avoid Them
Avoid costly reconciliation mistakes. Learn the 5 most common statement matching errors, why they happen, and how to prevent missing invoices, unapplied credits, and supplier matching issues. Even the best accounts payable (AP) teams make mistakes — but in statement matching, a small oversight can mean the difference between accurate books and a financial mess. From […]
What Is Statement Matching? A Complete Guide for AP Teams
Learn what statement matching is, how it works, and how AP teams can use automation to improve accuracy, reduce errors, and strengthen supplier relationships. For accounts payable (AP) teams, one of the most time-consuming tasks is making sure your records match your suppliers’ records. Even the smallest mismatch can trigger delays, disputes, and cash flow […]