Spectrum Digital’s Statement Reconciliation solution provides an effective way of automating the supplier statement reconciliation process.
For many businesses this is a time consuming and laborious process with people having to manually match up supplier statements against received invoices and credit notes.
This is a perfect candidate for automation. Our machine learning based capture technology will ‘read’ the supplier statement, extract the key information, and then match that data against received invoices and credit notes. Any discrepancies will then be sent to the team to resolve using our digital workflow technology.
Well, we don’t just give you a generic off-the-shelf system that bears no resemblance to your specific requirements. Instead, one of our Business Process Consultants will use their decades of experience in lean and six sigma to work with you to understand and, if needed, define your process. We will then configure the solution to meet your specific requirements, providing a tailored solution for your business.