Our outsourcing service relieves you of the cumbersome task of capturing invoice data and reconciling supplier statements, allowing you to focus on managing exceptions.

Intellection has partnered with StatementMatching.com to automate supplier statement reconciliations.

Automating supplier statement reconciliations will improve your financial controls, ensure accurate supplier balances, and reduce queries into the Accounts Payable (AP) department. StatementMatching.com enables AP to focus on the exceptions, give suppliers the information they need, and even make the auditors happy.

We reconcile paper, PDF, and Excel statements against data from any ERP System, with matching capabilities across suppliers, companies, and systems (if required). No software or hardware installation is required – reconciliations are performed automatically via a web browser for easy review and exception processing.

Enterprises are increasingly recognising that paper and people-based processes lead to high AP transaction costs and missed business opportunities. Common issues include manual data entry, inefficient processes, lost or missing invoices, high discrepancies and exceptions, and an inability to capture all supplier discounts.