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For accounts payable teams on Xero

Find what your supplier’s statement and Xero disagree on — before you pay

Supplier statement reconciliation for Xero, without checking every line by hand. Forward the statement your supplier already sent, and the differences come back named in both directions: what is on the statement but not in Xero, what is in Xero but not on the statement, and the closing balance stated as proven or not.

An eighty-page statement hiding five missing invoices is half an hour of checking line by line. Forward it here and it comes back with those five named.

Start free — 25 statements a month

No card required. Setup takes about two minutes, and you can forward your first statement straight away. See pricing.

Currently in betaStatement Zen is in beta. 12 early users are shaping what ships next.

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Why you can believe the number

We are not going to show you a testimonial we do not have. Here is the proof that exists: the product proving its own arithmetic, two clients’ own numbers, and a free tier you can check both on.

The balance is proven before it is reported

Opening balance plus every signed movement is checked against the closing balance. If it does not close, the statement comes back as unproven rather than as a number you are expected to take on trust.

What it cannot tie out, it names

A line that cannot be matched with confidence is reported with its reference, date and amount instead of being folded into a difference total. The only work left is the work that genuinely needs a person.

Two AP teams, on their own count

Two accounts payable teams using earlier versions of Statement Zen went from 80–100 hours a month to under four. That is their figure rather than a measurement of ours, and it came from earlier versions of the product.

Check it on your own books, free

25 reconciled statements every month, no card. A statement that cannot be reconciled does not use that allowance, so trying it costs you nothing.

Reads your accounts payable position from Xero, QuickBooks Online and Vista by Viewpoint — and from anything else through the Statement Zen API.

Statement Zen does one job: the supplier statement reconciliation that lands on an accounts payable desk every month, right before the payment run. It was built for that job and it does not try to be an accounts payable suite.

What Statement Zen does for Xero accounts payable

Xero reconciles your bank automatically. It has nothing for supplier statements — so that job is still done by hand, every month, right before the payment run.

About 80% of the time, given back

An eighty-page supplier statement hiding five missing invoices is 15 to 45 minutes of checking line by line, because finding those five means checking all eighty pages against Xero. Two AP teams using earlier versions of Statement Zen reported it removed about 80% of the time that job took them — their figure, not ours. Forwarded here, the five come back named.

Proven before it is reported

Opening balance plus every signed movement is checked against the closing balance before any result is recorded. When it closes, the balance is reported as proven. When it does not, the statement comes back as unproven rather than as a number you are expected to take on trust.

Names what it could not tie out

A tool that returns something plausible for every statement hands the whole batch back for checking, and the hours you saved go straight back out. Each uncertain line is named individually, so the only work left is the work that genuinely needs a person — and that statement is not charged for.

The exceptions arrive ready to send

Missing invoices, unmatched amounts, credits the supplier has not applied and payments in transit each come back with reference, date and amount. One button copies the complete list — not a preview — into your reply. Finding the problem ends the job rather than starting a second one.

Your suppliers never hear from us

Nothing is sent to your vendors. No supplier portal, no registration email, nobody to onboard but you. They keep emailing statements exactly as they do now — so none of this costs you goodwill with the people you depend on.

Read-only, and it stays that way

The Xero connection cannot create, edit, approve, pay or delete anything. It reads your open accounts payable ledger so there is something to match the statement against, and no write endpoint is ever called. Nothing is posted back to your Xero organisation.

Free for 25 statements a month, forever

No card, no expiry, no countdown. The allowance resets monthly, and if 25 covers you it stays free indefinitely. Paid plans are $99, $299 and $899 a month. One reconciled supplier account is one statement — page count never affects the price.

What supplier statement reconciliation costs you today

Use your own numbers — the arithmetic is the same for every Xero accounts payable team.

By hand

15–45 min

per statement

Two hundred statements a month is on the order of 100 hours — two and a half weeks of one person’s time, almost always compressed into the days before the payment run.

Statement Zen

~1 min

per statement

First 25 every month are free. Then $99 for 100 statements, $299 for 300, $899 for 1,000. A statement we can't reconcile doesn't use your allowance.

Where the saving is

the search

not the sending

Writing to the supplier was never the hard part — it takes about a minute, and one button copies the list. Finding which five of eighty pages are wrong is the half hour that disappears.

How to start, in three steps

About two minutes of setup, once. The walkthrough video above shows all three, screen by screen, on a real supplier statement.

Step 1

Connect Xero and get your address

Create a free Statement Zen account, open Connections and sign in to Xero for the organisation you want reconciled. The connection only reads your open accounts payable ledger — no write endpoint is ever called — and it gives your organisation its own forwarding address. Invite teammates and they use the same address with no separate setup.

Reconcile your first statement free →
Step 2

Forward the supplier’s statement

Forward it to that address exactly as the supplier sent it — PDF, scan or spreadsheet. Nothing to re-key, no upload screen, no template for your supplier to fill in.

Step 3

Read what disagrees

Your Statements dashboard collapses the matched lines and groups every difference by type, in both directions, with the closing balance stated as proven or not. Each exception carries its reference, date and amount, and one button copies the full list into your reply to the supplier.

What Statement Zen does on Xero, at a glance

Every row is something you can check for yourself — the free tier, the read-only sign-in and the published price are all on this site.

Time to first reconciled statement

Same day

Cost to start

Free — 25 statements a month

Setup

~2 minutes, read-only sign-in

Write access to Xero

None — read-only

When it is uncertain

Names the line, costs nothing

Telling the supplier what is missing

One button copies the full list

What your suppliers have to do

Nothing — they are never contacted

Billing unit

One supplier account

Demo required to see pricing

No — published

Frequently asked questions

Short answers about reconciling Xero supplier statements, with the limits stated.

How do I reconcile a supplier statement in Xero?
Connect Xero once with a read-only sign-in, then forward the supplier’s statement to your unique Statement Zen address exactly as the supplier sent it. Statement Zen matches every line against your Xero accounts payable ledger and posts the result to your Statements dashboard: what agrees, what is on the statement but not in Xero, what is in Xero but not on the statement, and the closing balance, stated as proven or not. Xero has no built-in supplier statement reconciliation, which is why this is still done by hand in most Xero businesses.
How long does it take to set up?
About two minutes. You sign in to Xero from the Connections page, approve read-only access, and copy your unique forwarding address. There is nothing to install, no plug-in, no IT involvement and no onboarding programme. You can forward your first statement straight away and be looking at a real reconciliation of your own supplier data shortly after first hearing about this.
Can Statement Zen change anything in my Xero organisation?
No. The Xero connection is read-only: it reads your open accounts payable ledger so it has something to match the statement against. It cannot create, edit, approve, pay, void or delete anything in Xero, and it does not post journals.
Do I have to connect Xero?
Yes. A connection is how Statement Zen gets your ledger, and without one there is nothing to reconcile the statement against. For Xero that is a read-only sign-in from the Connections page, which takes about two minutes. Email carries the supplier’s statement, not your ledger.
What file formats can I send?
Statements are read as PDF (native text or scanned), CSV and spreadsheets — whatever your supplier actually sent, forwarded as-is. There is no re-keying and no upload screen.
How long does one statement take?
It depends on the statement — a one-page statement is quick, an eighty-page scanned one takes longer. The comparison that matters is against doing it by hand: an eighty-page supplier statement worked through against Xero is 15 to 45 minutes, because finding the five lines that are wrong means checking all eighty pages. That search is the part that disappears. Two AP teams using earlier versions of Statement Zen reported it cut about 80% of the time this job took them.
How do I tell the supplier which invoices are missing?
Every exception is listed with its reference, date and amount, and one button copies the complete list — all of it, not a preview — ready to paste into your reply. Statement Zen does not send that email for you, deliberately: the wording, the timing and the relationship are yours. Finding the five lines is the half-hour job; telling the supplier about them takes thirty seconds.
Do my suppliers have to sign up for anything?
No, and they never find out you are using this. There is no supplier portal, no registration email, and nothing is ever sent to your vendors on your behalf. They keep emailing you statements exactly as they do today. This matters because the usual way to fix statement reconciliation is to push the work onto your suppliers — which spends goodwill with the people you depend on, and stalls the moment one of them declines.
What happens when a statement does not reconcile?
It is flagged, the specific line that could not be tied out is named, the reason is given, and you are not charged for it. A tool that returns a plausible answer for every statement is worse than useless, because you cannot tell the reliable results from the rest and end up re-checking all of them. Naming the uncertain lines is what makes the time saved time you actually keep.
What does it cost?
The first 25 reconciled statements every month are free — no card, no time limit, no countdown trial. Above that it is $99/month for 100 statements, $299/month for 300, and $899/month for 1,000. The billing unit is one reconciled supplier account, not a page: an 80-page statement from one supplier is one statement. Statements that cannot be reconciled cost nothing.
Does it find money, or only save time?
Time is the reliable saving and the reason to buy. Money turns up as a by-product: reconciling properly surfaces duplicate payments, credits a supplier never applied, and invoices sitting in dispute — the things normally noticed months later, if at all. How much that comes to depends entirely on your own ledger, so no figure is claimed here.
Is my Xero data secure?
The Xero connection is read-only and is used only to read your open accounts payable ledger for matching. Traffic uses TLS 1.3 with Cloudflare’s hybrid post-quantum key exchange; stored data is encrypted at rest with AES-256 on managed AWS and Cloudflare services. Payments are handled by Stripe, so Statement Zen never touches card data. Your documents are not used to train any system. Full detail is on the security page.

Running something else?

Xero, QuickBooks Online and Vista connect themselves. Any other accounting system or ERP can send its whole position, paid and unpaid, through the Statement Zen API, or by an arrangement we set up with you — the supplier statement still just gets forwarded by email. Tell us what you use and we will tell you straight whether we can reconcile against it.

Tell us what you use

Still have a question?

Email support@statementzen.com and we’ll reply with a real answer for your exact case.

Reconcile your first Xero supplier statement today

Connect Xero, forward one statement, and see the differences named. Free — 25 statements every month.

Xero is a trademark of Xero Limited. Statement Zen is an independent product and is not affiliated with, endorsed by, or sponsored by Xero Limited.