How Accurate is AI Reconciliation?
Vendor statement reconciliation has always been one of the most resource-draining tasks for Accounts Payable (AP) teams. Matching supplier statements against invoices and payments requires precision. A single missed credit note or unrecorded invoice can distort your liabilities, overstate expenses, or damage vendor relationships. Traditionally, finance teams have relied on manual reconciliation, prone to delays […]
How Vendor Statements Impact Cash Flow Management (and How Automation Solves It)
Why Cash Flow Management Starts With Vendor Statements Ask any CFO or financial controller the #1 metric they watch daily — it’s not revenue. It’s cash flow. Because when cash flow gets tight, you lose leverage. You can’t pay suppliers on time, negotiate discounts, or cover unexpected expenses. The ripple effects can stall growth and […]