Benefits of Creditor Statement Reconciliation in SAP using BEST

Benefits of Creditor Statement Reconciliation in SAP using BEST

Time Saving

SIGNIFICANT TIME & COST SAVINGS

BEST’s Supplier Statement Reconciliation module in SAP does far more than automate an expensive, labour-intensive process.  As our global clients have experienced, it cuts the time needed for supplier reconciliations by up to 90%!

It’s also a ruthless cost-cutter – no more manual preparation, execution, issue, printing and storage of supplier reconciliations.

Mismatching invoices and payments? Not taking full advantage of the credits and discounts available to you? Paying suppliers before the due date? They all add up to one thing: your company’s losing money!

All can be rectified easily and quickly with BEST’s Supplier Statement Reconciliation module in SAP.

Matching Rate

HIGH AUTO MATCHING RATE

BEST SAP delivers a 95% plus automated matching rate between supplier statement line items and SAP documents.  Leaving your AP team more time for query management and supplier relationships. That means superior supplier service.

Error free and fast supplier reconciliations are produced automatically by BEST SAP in your reconciliation format.

Complaint

FULLY COMPLIANT

Because the BEST SAP system works in real time, you have an up-to-the- minute accurate picture of your company’s accounts payable. Added to that, your internal and external audits will be greatly simplified. In fact, you’ll be 100% compliant.

Errors are eliminated by automated matching in SAP and this accuracy improves audit controls and management reporting.

Best of all, because BEST is built in SAP and certified for SAP, it leverages your investment in SAP, which means trusted and proven performance.

Green

TOTALLY GREEN

Just think: no more paper, printing, scanning and storage costs.

That’s the beauty of BEST’s Supplier Statements Reader and Reconciliation modules.

All your statements – regardless of formats – are read and stored in the system and can easily be retrieved and managed without a single tree facing the chop. So, you’ll be 100% green.

Time Saving

SIGNIFICANT TIME & COST SAVINGS

BEST’s Supplier Statement Reconciliation module in SAP does far more than automate an expensive, labour-intensive process.  As our global clients have experienced, it cuts the time needed for supplier reconciliations by up to 90%!

It’s also a ruthless cost-cutter – no more manual preparation, execution, issue, printing and storage of supplier reconciliations.

Mismatching invoices and payments? Not taking full advantage of the credits and discounts available to you? Paying suppliers before the due date? They all add up to one thing: your company’s losing money!

All can be rectified easily and quickly with BEST’s Supplier Statement Reconciliation module in SAP.

Matching Rate

HIGH AUTO MATCHING RATE

BEST SAP delivers a 95% plus automated matching rate between supplier statement line items and SAP documents.  Leaving your AP team more time for query management and supplier relationships. That means superior supplier service.

Error free and fast supplier reconciliations are produced automatically by BEST SAP in your reconciliation format.

Complaint

FULLY COMPLIANT

Because the BEST SAP system works in real time, you have an up-to-the- minute accurate picture of your company’s accounts payable. Added to that, your internal and external audits will be greatly simplified. In fact, you’ll be 100% compliant.

Errors are eliminated by automated matching in SAP and this accuracy improves audit controls and management reporting.

Best of all, because BEST is built in SAP and certified for SAP, it leverages your investment in SAP, which means trusted and proven performance.

Green

TOTALLY GREEN

Just think: no more paper, printing, scanning and storage costs.

That’s the beauty of BEST’s Supplier Statements Reader and Reconciliation modules.

All your statements – regardless of formats – are read and stored in the system and can easily be retrieved and managed without a single tree facing the chop. So, you’ll be 100% green.