Watch the video to hear from Daniel Kimpton – Account Manager at; talk about how 10 live customers are using Statement-Matching to identify issues on their Accounts Payable ledgers. Daniel provides a breakdown of the volume, value and average number of lines per supplier statement processed in January 2020.

Drilling into further detail, you will see how many missing invoices, credits and miss-postings are identified between the supplier statement and the customers accounts payable ledger. This provides really useful insights into what you might find if you were proactively reconciling more supplier statements and were able to quantify the errors.

Proactively reconciling statements enables customers to resolve issues on a timelier basis to ultimately pay more suppliers on time, reduce supplier queries and improve accuracy of ledgers for cashflow forecasting and financial reporting.