Upcoming Webinar: 7 Seconds to Simple Statement Reconciliation - Thursday 12th October- 2:00 PM (BST) l 9:00 AM (ET)

Day: August 16, 2023

A computer keyboard enter button reads; Improve Efficiency. Emphasizing efficiency in supplier statement reconciliaiton.

Why Efficient Supplier Statement Reconciliation is Important in Accounts Payable

Supplier statement reconciliation. It’s the art of manually comparing your records to a supplier’s statement and either ensuring they match or discovering discrepancies to follow up later.
Statement reconciliation is extremely important for many reasons, but first, it’s designed to keep your ledgers accurate while highlighting potential issues or opportunity to recover cash through overpayments or unclaimed credits.

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