Automated statement reconciliation reduces manual errors and removes late adjustments
Deliver control while saving time and money
Advanced automation of supplier statement data capture combines your full ERP AP ledger data set, including P2P system data, bringing up-to-the-minute control and visibility over all your liabilities, credits and payments. The exception analysis equips your team with the ‘superpowers’ they need to drive efficiency and recovery.
Continuous AI driven transaction matching
Advanced algorithms and AI drives accuracy and ensures proper AP audit control. The solution provides a detailed review, investigation and analysis of your AP transactions. It also removes significant manual effort and costs relating to the reconciliation of inter-company accounts.
Streamline the account reconciliation process
Powered by the Glantus Data Platform, Account Reconciliation Automation streamlines the process, puts you back in control and returns lost working capital.
Smart analysis ensures your team is guided by specific exceptions and equipped to drive continuous improvement across the AP function.
The Glantus Data Platform provides the connectivity to your ERP AP ledger data set, including P2P system data, bringing up-to-the-minute control and visibility over all your liabilities, credits and payments.
Advanced AI at Work
Advanced matching algorithms ensure a high rate of success and offers suggested exceptions along with the option to auto-block supplier payments if statements do not match.
Glantus easily captures, supplier statements received electronically, e.g. PDF, EDI, FTP, Email, etc. Intelligent processing then combines the validated statement data to one or more AP credit ledger data sets.
Control Working Capital
More accurate real-time data on supplier accruals puts you in control of your working capital. Automation ensures efficient and timely monthly/quarterly accounts presentations.
Supplier accruals, incorrect postings, data errors are highlighted using matching analysis across multiple ledgers where required. An interactive real-time dashboard provides insightful matching analysis and statistics.
How it worksDownload Data Sheet
Seeing is Believing
All businesses have accounts payable, so all businesses can automate their business processes – we’ll show you how.