Reconciled Trade Accounts

for accurate financial statements

High-volume invoice matching and statement reconciliation are error-prone and time consuming and lead to inefficient financial performance

Process Share automates the B2B exchange and matching of invoices and statements and keeps daily accurate books between trade partners

Benefits

Touchless invoice exchange and matching against PO/goods received

Reduced transaction discrepancies and accurate day-to-day statements

Accelarated end of period closing and improved financial performance

For buyers

  •  Electronic receiving of suppliers invoices and statements directly into the ERP system without data entry
  •  Instant matching of suppliers invoices against ordered prices and received quantities
  •  Automatic upload and reconciliation of ERP statements against suppliers received statements
  •  Workflow to review and approve matched entries and generate balancing journal entries into the ERP

For vendors

  •  Electronic submittal of invoices generated from the ERP to customers
  •  Automatic matching of submitted invoices against customers’ orders and goods received
  •  Automatic upload and reconciliation of ERP statements against customers received statements
  •  Workflow to review and approve matched entries and generate balancing journal entries into the ERP

I want to maintain accurate financial statements!

Schedule Demo