Automated Supplier Statement Reconciliation
Reconcile Supplier Statements in Minutes
Manual statement matching belongs in the past.
Telic Digital’s intelligent automation captures every credit, prevents duplicate payments, and restores confidence to your AP process.
Achieve True Control Over Your Accounts Payable Processes
Detect errors, capture credits, and reconcile in minutes, not days.
Automate Supplier Statement Reconciliation
How Much is Manual Reconciliation Holding Your AP Team Back?
Manual supplier statement reconciliation drains an AP team’s resources and is a major culprit for costly mistakes. It’s time-consuming, error-prone, and lacks scalability.
Missed Credits & Duplicate Payments: Errors that can heavily impact your cash flow and profitability.
Slow, Inefficient Processes: Manual matching takes days or weeks, wasting valuable AP team capacity.
Supplier Disputes: Slow, inaccurate reconciliations frustrate suppliers and damage relationships.
Limited Visibility: Without real-time reporting, finance leaders are left in the dark on reconciliation status and exceptions.
How Automated Supplier Statement Reconciliation Works
Automated Supplier Statement Reconciliation is a fast, intuitive platform, and it is built for real-world accounts payable teams. With just a few simple steps, you can go from uploading supplier statements to resolving exceptions and generating reports quickly and accurately.
Upload Supplier Statements
Import statements in any format — PDF, Excel, scanned documents.
Matching & Identification
Use technology to identify and track query and exception transactions.
Reconcile and Report
Approve matches, resolve exceptions, and generate reports in minutes.
Ready to Reconcile Supplier Statements in Minutes?
Stop the manual struggle and gain true control over your financial processes. Automate your supplier statement reconciliation with unmatched speed and accuracy
The Solution: Automated Supplier Statement Reconciliation
Telic Digital’s solution automates this process, increasing accuracy, transparency, and operational efficiency while improving your supplier relationships.
Our automatic reconciliation solution takes the pain out of the process, giving you:
Time and Cost Savings
Supplier statement reconciliation becomes faster, easier, and far more accurate. Take the manual effort out of matching supplier statements to your AP ledger, helping you cut reconciliation time by up to 90%. This allows your accounts payable team to shift their focus to more strategic tasks.
Eliminated Errors and Reduced Risks
Intelligently identifies duplicate invoices, missing credits, and discrepancies without manual effort, ensuring nothing slips through the cracks. With up to 99% accuracy in reconciliations, you can prevent costly overpayments and be confident that every credit is captured, giving your finance team greater peace of mind and stronger financial control.
Enhanced Supplier Relationships
Resolve queries quickly and accurately to build greater trust with suppliers and reduce friction in day-to-day operations. With clear, reliable reconciliation data at your fingertips, you’ll also be in a stronger position during negotiations backed by transparency that supports better terms and long-term partnerships.
Full Visibility & Control
Track exceptions and identify gaps in real time, ensuring nothing gets missed. The platform generates audit-ready reports instantly, complete with a full audit trail to support compliance and internal controls. CFOs and finance leaders can get access to clear, actionable insights that support smarter decision-making and greater financial oversight.
Easy Integration
Integrate easily with leading ERP systems, such as SAP, Oracle, Dynamics, and NetSuite, without complex custom development and minimal involvement from your IT team, allowing for faster deployment. As a fully cloud-based and secure solution, it ensures data is protected while delivering the flexibility and scalability modern finance teams need.
Why Choose Us?
Global brands trust Telic Digital to deliver reliable, high-performance solutions. Our platform is designed for fast implementation and simple onboarding so your team can start seeing results quickly. We provide dedicated support and training every step of the way, ensuring a smooth transition and continued success. With enterprise grade security at the core, you can trust that your data is protected at all times.