With a clear, and user friendly dashboard, autorecs provides speed and accuracy throughout the supplier statement reconciliation process, from start to finish.
It can be broken down into 4 key steps:
autorecs receives daily and securely, daily updates of purchase ledger and supplier data automatically via SFTP
A fully automated solution that contacts all suppliers asking them to onboard and provide statements
Match supplier statements with the transactions on your purchase ledger
Reconciliation reports produced on a per supplier basis, highlighting missing items clearly; such as missing credit notes and invoices