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Handling supplier statement reconciliations
July 5, 2021
Q. How are large organizations handling supplier statement reconciliations? As my transaction volume continues to grow into the millions annually, we’re finding it very challenging to reconcile statements that arrive on paper or PDF.
Excel is somewhat simpler, as our ERP query outputs are in Excel and we can perform functions to look up details, but running the queries still takes significant time.
1) Has anyone automated all or part of their supplier statement reconciliation processes?a. Was…
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