YoozVendorStatements

Supplier statement reconciliation in a single, end-to-end automated AP workflow

Say Goodbye to Manual Mayhem!

Unlock the power of Artificial Intelligence (AI) to streamline and optimise your supplier statement reconciliation process. Experience unparalleled efficiency, accuracy, and cost savings like never before.

Spending countless hours manually reconciling supplier statements?

Tired of wasting endless hours manually reconciling supplier statements? Your solution is here! YoozVendorStatements, the game-changing AI-powered tool that automates 100% of your supplier statement reconciliation.

A seamless part of the Yooz platform, this innovative solution eliminates manual data entry, error hunting, and time-consuming investigations. Instead, now you can automatically detect and resolve discrepancies with ease, increasing accuracy and freeing up time for more important tasks.

Effortless Automation: Let AI do the heavy lifting, from linking documents and matching values to creating one-click supplier summaries.
Flawless Reconciliation: YoozVendorStatements automatically detects and resolves discrepancies to achieve 100% accuracy.
Time & Cost Savings: Slash manual work and processing time, cutting costs while speeding up your workflow.
Scale with Ease: Effortlessly manage supplier statements at any volume, perfect for businesses of all sizes who want to grow.
Boost Efficiency: Improve reporting accuracy with real-time data insights for precise decision-making and simplified audit processes.
Communicate Effectively: Cultivate clear and concise communication that keeps both internal teams and suppliers aligned and informed.
Shield against Risk: Identify and minimise fraudulent activities, safeguarding your financial data and integrity.

Yooz-VendorStatements-reduce-reconciliation-time

*based on actual customer results

Improved AP Assurance

Minimise the risk of missed deadlines while creating a comprehensive audit trail.

Meticulous Collection

Accurately and promptly capture all relevant documents for seamless processing.

Detailed, AI-based Comparison

Automatically match supplier statements with internal records, ensuring precision and consistency.

Centralised Organisation

Unifies with the Yooz platform to store and access all AP documents, simplifying information retrieval.

Accurate Cross Referencing

Statements are precisely cross-referenced with all related documentation, preventing payment and insight errors.

Stronger Relationships

Build trust with suppliers through transparent and efficient communication and summaries, improving collaboration.

"YoozVendorStatements has completely changed the way we approach vendor statement reconciliation. We went from reconciling very few vendor statements, on a priority basis, to now reconciling almost 100% of our vendor statements. The benefit from the automated matching and rapid investigation has been immeasurable."

- Chloe Gee, Finance Business Partner at Insipired PLC.

How Does it Work?

Yooz's intuitive, user-friendly software automates supplier statement reconciliation at scale in just 5 steps.

Key Benefits by Role

Did You Know?

According to a report from Deloitte, the average discrepancy resolution time in supplier reconciliation for large enterprises is approximately 5-7 days.

Ready to see the Yooz difference?

Complete the form below and enjoy a demo of how Yooz can best answer your reporting challenges.