Supplier statement reconciliations in SAP

With BEST you can implement automated supplier statement reconciliations in SAP.  Murray Trim, FCA, Decision Support Manager at Foodstuffs South Island, with over 30 years’ experience at Foodstuffs South Island, shared his insights into the 2020 implementation of BEST Vendor Recons Modules at Foodstuffs South Island and the processing of Reconciliations by the Foodstuffs South Island AP team. The webinar was facilitated by Steven Pozzan, managing partner of Enterprise Wide, BEST Australasian partner. Who is FSSI? Foodstuffs South Island is a leading grocery retailer [...]

BEST clients, partners, resellers & prospective clients met up at the beautiful Four Seasons Hotel, The Westcliff in Johannesburg for the afternoon to meet with fellow AP professionals & learn about supplier statement reconciliations in SAP and other new reconciliation functionality and offerings. Thank you to all those who joined & participated - we look forward to seeing you in 2019!  Video/ Photos. BEST Presentations: BEST Functionality Improvements - view presentation here BEST Development Roadmap - view presentation here BEST GL Account Reconciliations - [...]

Why, How to perform Supplier Statement Reconciliations in SAP - BY HENRY CURTIS Vendor payments account for the largest cash outflow in most organizations. One of the best ways for accounts payable (AP) managers to sleep easily at night is to preform a reconciliation of vendor statements. While the benefits are numerous, this task can be time-consuming and tedious and is often overlooked. Organizations must use an effective process for reconciling vendors.A vendor statement is a statement of account or document from the vendor’s [...]

Supplier statement reconciliations in SAP with BEST In your mind, is the ability to reconcile supplier statements in SAP without someone to validate, match, fix and approve – nothing but a pure fairy-tale? Then it is time to turn your AP staff into performers by increasing productivity. Empower AP staff to work more efficiently, error free, and faster. This will allow working on exceptions instead of boring manual processes. Is the word total automation something you think at all possible? PDF statements? Excel statements? [...]