Why BEST is BEST2022-11-08T10:35:23+00:00

Why BEST is Best

The BEST team has been providing reconciliation solutions to the SAP community since 2009. Our team is devoted to implementing, supporting and continually improving the BEST product.

We have a proven track record of successful implementations and benefit realisation by our clients across multiple industries and on a global level. Read our Customer Case Studies below.

Time consuming manual processes performed outside of SAP are now replaced with automated processes inside SAP.

BEST has the most extensive number of SAP reference sites that use BEST Vendor Recons to automate their supplier statement reconciliations directly in SAP. All of these sites can attest that BEST has been instrumental in transforming their creditor function and that the product, implementation and support is of the highest quality. Read about the Benefits of BEST Vendor Recons and why BEST Vendor Recons is the Best.

BEST also automates GL Recons directly in SAP reducing and improving client month end activity. See how the BEST GL Recons module compares to other 3rd Party Solutions. Our clients are enjoying the benefits of consistent GL Recon processing in SAP with higher output in less time.

The BEST GL Clearing module improves GL Clearing functionality directly in SAP. Open item clearing in SAP can now be done automatically with large volumes across multiple companies and account types, without having to post additional entries, make mass changes to references or change any configuration. Our clients are clearing hundreds of thousands of open item lines per month.

With the BEST Remit Module conduct and automate your customer clearing in SAP by uploading your remittances directly into SAP. BEST auto matches remittance lines against SAP lines and uses the power of advanced matching algorithms from the BEST GL Clearing Module. Our clients experience massive time savings on large remittance clearing activities.

Read more about all of our Modules.

READ MORE2022-06-24T08:54:16+00:00

BEST is built in SAP using SAP’s ABAP programming language and is certified by SAP Germany which means it is of a quality expected by the SAP Certification Centre and it works well with the rest of SAP.  You can rely on its trusted and proven performance.

SAP Partner

Simply install the BEST add-on module and the BEST transactions for processing supplier reconciliations will become available in your existing SAP menu. You do not need anything else, except your existing SAP log-on!

You have already invested in SAP, and continue to do so. Maximise this investment. Don’t spend extra money, and create extra risk by investing in other systems.

Vendor Reconciliations

Why BEST is Best

The BEST team has been providing reconciliation solutions to the SAP community since 2009. Our team is devoted to implementing, supporting and continually improving the BEST product.

We have a proven track record of successful implementations and benefit realisation by our clients across multiple industries and on a global level. Read our Customer Case Studies below.

Time consuming manual processes performed outside of SAP are now replaced with automated processes inside SAP.

BEST has the most extensive number of SAP reference sites that use BEST Vendor Recons to automate their supplier statement reconciliations directly in SAP. All of these sites can attest that BEST has been instrumental in transforming their creditor function and that the product, implementation and support is of the highest quality. Read about the Benefits of BEST Vendor Recons and why BEST Vendor Recons is the Best.

BEST also automates GL Recons directly in SAP reducing and improving client month end activity. See how the BEST GL Recons module compares to other 3rd Party Solutions. Our clients are enjoying the benefits of consistent GL Recon processing in SAP with higher output in less time.

The BEST GL Clearing module improves GL Clearing functionality directly in SAP. Open item clearing in SAP can now be done automatically with large volumes across multiple companies and account types, without having to post additional entries, make mass changes to references or change any configuration. Our clients are clearing hundreds of thousands of open item lines per month.

With the BEST Remit Module conduct and automate your customer clearing in SAP by uploading your remittances directly into SAP. BEST auto matches remittance lines against SAP lines and uses the power of advanced matching algorithms from the BEST GL Clearing Module. Our clients experience massive time savings on large remittance clearing activities.

Read more about all of our Modules.

READ MORE2022-06-24T08:54:16+00:00

BEST is built in SAP using SAP’s ABAP programming language and is certified by SAP Germany which means it is of a quality expected by the SAP Certification Centre and it works well with the rest of SAP.  You can rely on its trusted and proven performance.

SAP Partner

Simply install the BEST add-on module and the BEST transactions for processing supplier reconciliations will become available in your existing SAP menu. You do not need anything else, except your existing SAP log-on!

You have already invested in SAP, and continue to do so. Maximise this investment. Don’t spend extra money, and create extra risk by investing in other systems.

Vendor Reconciliations

AfriSam Case Study

INCREASED THEIR VENDOR RECONCILATION
BASE WITH A MORE EFFICIENT SYSTEM

NOW WHAT CAN BEST DO FOR YOU?

In a Case Study interview in September 2022, Distell shared how BEST Vendor Recons and Statement Reader has helped them to now reconcile ALL their vendor statements.

  • Read how Distell is saving time and doing more recons than they did previously.
  • Implementing BEST has created capacity within the Distell AP team.
  • Lots of reporting options available – no reporting previously. Focus is on age analysis and reconciling items.
  • Have full visibility of data across systems – VIM, Coupa, PD, GRIR etc.
  • Auditors access BEST directly and had no comebacks, so BEST supports audit requirements.

AfriSam Case Study

OPTIMISED VENDOR RECONS IN SAP WITH BEST AT AFRISAM.
A CONCRETE, BENEFICIAL RELATIONSHIP BUILD ON CAPABILITY & TRUST.

NOW WHAT CAN BEST DO FOR YOU?

In a Case Study interview in August 2022, AfriSam shared how implementing BEST Vendor Recons has improved efficiencies within and outside of the AP Team.

  • Read how AfriSam selected the BEST Vendor Recons module 9 years ago, achieved a 2 year ROI on the implementation and has subsequently implemented the BEST GL and Debtors Remit modules.
  • AfriSam has achieved significant time savings on Recon processing and with 93% auto matching the system is operating well and efficiently.
  • AP Team focus is on problem solving.

Afgri Case Study

CUT THE SPEND ON SUPPLIER RECONS BY 90%.
THAT’S WHAT WE CROPPED AT AFGRI.

NOW, WHAT CAN BEST DO FOR YOU?

AFGRI presents their BEST implementation experience at SAPHILA 2014.

See how AFGRI achieved:

  • 40% staffing reduction in one year
  • ROI on reduced staffing costs in one year
Afgri Case Study Video
Afgri Case Study Video

AfriSam Case Study

LARGE RECONS DONE IN 1/12TH OF THE TIME.
CONCRETE BENEFITS WE PROVIDED FOR AFRISAM.

NOW, WHAT CAN BEST DO FOR YOU?

AfriSam presents their BEST implementation experience at Mastering SAP Financials Conference.

See:

  • BEST Vendor Recons In SAP
  • About AfriSam
  • AfriSam’s BEST Implementation

Dischem Case Study

PROCESSING 300 000 INVOICES MONTHLY.
WE CURED DIS-CHEM’S BIGGEST HEADACHE.

NOW, WHAT CAN BEST DO FOR YOU?

Dis-Chem presents their BEST implementation experience at Budapest International SAP Conference for Financial Shared Services.

See how Dischem:

  • Improved management reporting and audit controls
  • Highlighted operational issues
  • Reduced personnel, printing and storage costs
  • Received positive feedback from Suppliers

Transnet Case Study

825 000 SUPPLIER INVOICES MATCHED.
THAT’S HOW WE LIGHTENED THE LOAD FOR TRANSNET.

NOW, WHAT CAN BEST DO FOR YOU?

Balance Sheet Reconciliations & Clearing

Balance Sheet Reconciliations & Clearing

Bacardi Case Study

FASTER, ONLINE, MORE ACCURATE GL RECONS.
QUICK CLEAN UPS WITH GL CLEARING.

 

NOW, WHAT CAN BEST DO FOR YOU?

Italtile shares how BEST GL Recons and Clearing modules help Group Finance deliver efficiently and better.

  • Balance Sheet recons are now online, available centrally with supporting docs, achieve a higher accuracy and include Italtile’s additional line item text requirement.
  • Implementing BEST GL Recons has resulted in a massive time reduction resulting in better team efficiency and time for other tasks.
  • Clearing of different accounts is underway and Italtile have achieved a big clean up of historic Inter Branch transfer items (millions) with BEST GL Clearing.
  • BEST GL Clearing is more intelligent, easier and user friendly than standard SAP clearing.

Bacardi Case Study

BALANCE SHEET RECONCILIATION PROCESS TRANSFORMED WITH BEST GL RECONS.
CONSISTENT CONTROLS NOW IN PLACE.
100% BALANCE SHEET RECONS (OVER 4500 MONTHLY) IN LESS TIME.

NOW, WHAT CAN BEST DO FOR YOU?

Read and watch the interview with Bacardi on how they have transformed their Balance Sheet Reconciliation process and output with the BEST GL Recons module implemented in 2021.

  • Bacardi decided to implement BEST GL Recons in SAP to improve the existing process & controls as well as provide better assurance & confidence across the recon process.
  • The result:
    • Improved controls & consistent, standardised process throughout the organisations.
    • 100% of balance sheet account reconciled per month – over 4500 recons completed per month.
    • Recons completed in 40% less time than before with the same resources.
    • Enhanced auditor confidence.

Dischem Case Study

OVER 20,000 RECONS FINALISED PER MONTH, 100% AND WITHIN THE SET DEADLINES.
1 MILLION OPEN ITEMS CLEARED OVER 6 MONTHS!

NOW, WHAT CAN BEST DO FOR YOU?

Netcare presented their journey on implementing BEST GL Recons and Clearing Modules to automate GL reconciliations and Clearing at an Eventful Webinar in December 2021.

Read how Netcare achieved many business benefits and these processing volumes within a 6 month period:

  • A total of 120,960 GL reconciliations were finalised using BEST GL Recons. Representing a monthly average of 20,160 finalised reconciliations over the 6-month period.
  • A total of 1,024,198 open items have been cleared using BEST GL Clearing. Representing a monthly average of 170,699 lines cleared over the 6-month period.
  • Improved management of recon deadlines – with Sept 2021 resulting in 100% of all recons completed within the set deadlines.
  • During these 6 months, an average of 58% of reconciliations were automatically approved across both approval levels.

Dischem Case Study

2 000 MONTHLY GL RECONS NOW AUTOMATED IN SAP WITH FULLY AUTOMATED
CLEARING OF 160 000 OPEN ITEMS MONTHLY. NO MORE MANUAL EXCEL.

NOW, WHAT CAN BEST DO FOR YOU?

Dis-Chem presents their BEST story at Mastering SAP Financials 2021.

See how Dischem:

Has cleared large volumes of historic items with BEST GL Clearing resulting in:

  • Reduced volumes of open items in month end recons
  • Reduced time to reconcile Intercompany balances, allowing for timeous identification & resolution of real issues

Automation & online functionality in SAP with GL Recons which has led to:

  • Reduced manual intervention resulting in fewer errors
  • Increased volumes of Recons being performed monthly
  • Increased visibility & management reporting capability
  • Better internal controls enhancing regulatory compliance

Customer Remittance Clearing

Customer Remittance Clearing

Bacardi Case Study

9440 REMITTANCE LINES POSTED. 99,9% CLEARED WITH BEST DEBTORS REMIT.

99% TIME SAVING ON REMITTANCE LOAD & CLEARING.

NOW, WHAT CAN BEST DO FOR YOU?

Interview with Consol Glass at the Mastering SAP Financials Conference 11 April 2022 on the implementation of the BEST Debtors Remit module.

With the new process and module in use since January 2022, Consol Glass automatically achieves the below and more:

  • Clear the Customer payment off the bank account
  • Post & clear the detailed Remittance lines against the Customer account line items
  • Achieve a high clearing percentage based on detailed reference information
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