Statement Reconciliation
Simplify Statement Reconciliation
Simplify requests and approvals to save time, while
ensuring compliance with corporate policies.
Ensure data accuracy
Automatically ensure data accuracy with real-time ERP and Zudello matching.
Time-saving
Zudello's Platform optimises the process for reconciliation, anomaly detection, communication and centralised audit trails.
Data accuracy
Streamline reconciliation processes with automated matching of supplier statements with your records and identify discrepancies.
Automate communication
With a single click, generate a request to your supplier and improve supplier relationships, with full audit trails.
Supplier relationships
Improve supplier relationships through consistent processes and communication and reducing the time to pay when discrepancies are identified.
Automated matching and discrepancy alerting
With Zudello enabled, all invoices can be checked and statements easily reconciled. Discrepancies are immediately picked up and can be managed simply and automatically from within the Platform.
Improved supplier management
By finding any discrepancies immediately, supplier relationships can be improved through fast resolutions to any issues, automated approvals and integration with your ERP, leading to payment within terms.
One-click supplier communication
Zudello makes it simple to communicate directly with suppliers as soon as any discrepancies are identified. All communication is logged for review and audit purposes.
Reduce manual checks and avoid errors
By ensuring exact matches are validated between statements, invoices, purchase orders and receipt documents, any risk of human error is prevented while also saving significant time in month-end tasks.
Statement Reconciliation
FAQs
Didn’t find the answer you were looking for? Contact us today.
Can Zudello automatically reconcile supplier statements?
Yes, Zudello will automatically match all the relevant supplier invoices to the supplier statement for the given period, and highlight any mismatches or missing invoices. If an invoice is missing, Zudello can automatically request a copy from the supplier - saving time and effort.
Does Zudello support 3-way matching?
Yes, Zudello has full 2 & 3-way matching and also supports the attaching of photos of goods received to either the invoice or goods receipt. The Zudello mobile app can run on a phone or tablet and photos can be taken and attached directly through the app.
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Testimonials
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Reiner Low
Storage King has relied on Zudello for over 2 years now and uses the Platform across all managed entities and locations. We find the Zudello team very responsive and excellent to work with and the Platform has delivered significant efficiencies, management and control for our finance and operation teams. The Platform’s workflow is extremely flexible and we have configured it to suit our unique business needs and processes. We find Zudello easy to use, even when working remotely on a laptop or mobile phone.
Clinton Wells
The HUB24 promise is to create and embrace innovation that delivers - on our platform, through our products and through our own internal processes. Working with Zudello is now a significant contributor to our innovations, through customised automation, ease of use, service and its adaptability as our business grows.
Deanne Du Barrie
Since we implemented Zudello it’s really taken a lot of pressure off the team. Zudello brings us so much value at an incredibly competitive price.
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