How Automation Is Redefining Supplier Statement Reconciliation

If you’ve ever spent hours manually comparing supplier statements against your AP ledger, chasing down missing credits, or trying to resolve invoice disputes, you’re not alone. Supplier statement reconciliation is one of those necessary tasks that often consumes far more time and energy than it should.

But here’s the thing, it doesn’t have to be this way anymore.

Manual matching should be a thing of the past. With intelligent automation, your accounts payable team can reconcile supplier statements in minutes, not days, while capturing every credit and avoiding costly duplicate payments.

Let’s break down how we make it possible.

Why Manual Supplier Statement Reconciliation Is Holding Your AP Team Back

Manual supplier statement reconciliation is inefficient, stressful, and surprisingly risky. It’s not just about how long it takes. It’s about what gets missed along the way. Every time a duplicate invoice slips through or a credit note is overlooked, it has a direct impact on your bottom line. These errors are more common than most teams realise and can quietly erode cash flow over time. The bigger your supplier network, the higher the risk.

Then there’s the time factor. Manual matching often takes several days (sometimes even weeks), creating unnecessary holdups and stretching your AP team too thin. Instead of focusing on higher-value work, they are stuck in spreadsheets or printing and highlighting PDFs.

Delays and errors in reconciliation can frustrate vendors, strain relationships, and make even simple queries harder to resolve. From a leadership perspective, limited visibility into the reconciliation process makes it challenging to identify exceptions or spot patterns before they become issues. It’s not scalable. And it’s not sustainable.

Speed Up Reconciliation Without Sacrificing Accuracy

You can automate the entire supplier statement matching process from start to finish. That means faster reconciliations, fewer errors, and better control over your AP operations. Our platform can reduce reconciliation time by up to 90%, freeing your team to work on more strategic initiatives. Instead of spending hours comparing PDFs to ERP records, they can focus on improving processes, managing supplier relationships, and contributing real value to the finance team.

Accuracy is another major win. Our intelligent system catches things that humans often miss, such as duplicate invoices, missing credits, or mismatched amounts. In fact, customers see reconciliation accuracy rates of up to 99%. That means fewer overpayments, fewer finance headaches, and more peace of mind.

Build Supplier Trust Through Clear and Accurate Reconciliation

Let’s be honest: no supplier enjoys going back and forth over mismatched statements. When you can reconcile quickly and accurately, you build trust. You’re also in a much stronger position during negotiations because you have complete transparency and clear records. The system identifies exactly where issues are, so your team can answer confidently and keep things moving.

Finance Intelligence in Real Time

One of the most significant advantages of automated reconciliation is enhanced visibility. With our supplier statement matching solution you can track exceptions in real-time, see where gaps exist, and generate audit-ready reports instantly.

Finance leaders get access to full audit trails, clear metrics, and insights that help them make better, faster decisions. No more waiting around for manual reports. No more wondering what’s going on in the background.

Designed for Compatibility with SAP, Oracle, Dynamics, and More

Our platform integrates with major ERP systems, including SAP, Oracle, Dynamics, and NetSuite, among others. It’s plug-and-play, requires minimal IT involvement, and is completely cloud-based for ease and security, with real results in days.

So, how does it actually work?

The process is incredibly simple:

1. Upload your supplier statements – whether they’re PDFs, Excel files, or even scanned documents.
2. Let the platform do the heavy lifting – our AI automatically matches transactions, identifies exceptions, and highlights anything that needs your attention.
3. Review and reconcile in minutes – Approve the matches, resolve discrepancies, and generate reports with just a few clicks.

Your AP Transformation Starts with One Conversation

If you’re still relying on manual processes, you’re spending too much time, risking too many errors, and leaving too much money on the table. With Telic Digital, supplier statement matching becomes quick, accurate, and effortless.

Ready to take control of your AP processes?

Let’s talk. Fill out the short form on this page, and one of our experts will be in touch to walk you through the solution, answer your questions, and provide pricing tailored to your needs.

It’s time to reconcile supplier statements in minutes, not days.