Reconcile. Align.
Supplier Records

AP Recon for Acumatica simplifies the process of managing vendor statements by electronically importing them into your system. This automation eliminates the need for manual data entry, reducing errors and saving time. By directly importing vendor statements, you can ensure that all financial data is accurately captured and up-to-date, providing a reliable basis for further financial analysis and reconciliation.

Take away much of the effort required, improve the accuracy and auditability of loan management and ensure that your loan book is easily, accurately, and efficiently managed. The loan record will contain all the relevant information gathered during the origination process and will additionally record all activities relating to the loan. Notes, tasks, alerts, and other information is stored centrally to enable a complete record of the interaction with the borrower to be recorded and shared.

Outputs a Vendor Reconciliation for approval, offering a clear overview of all matched and unmatched transactions. This reconciliation process facilitates thorough review and verification before any payments are processed. Additionally, the system creates a payment batch for the vendor, streamlining the payment process by preparing the necessary transactions for execution, thus ensuring timely and accurate payments.

For vendors that still provide paper-based statements, APRecon offers the capability to recreate these documents in draft form within the system. This allows for easy editing and matching without the need to recapture the entire statement manually. By converting paper-based data into a digital format, APRecon enhances the efficiency of the reconciliation process and ensures that all vendor statements, whether electronic or paper-based, are seamlessly integrated into your financial workflows.