StatementSYNC Reviews & Product Details

StatementSYNC is a SaaS supplier statement reconciliation solution designed for mid-market and enterprise accounts payable teams that need to automate comparison, matching and recovery of supplier statements across multiple ERPs and data formats. For most AP teams, supplier statement reconciliation remains one of the last manual processes, StatementSYNC changes that. Created by and for recovery audit professionals, StatementSYNC reconciles supplier statements efficiently and thoroughly, recovering open credits in a fraction of the time of a manual process and returning measurable dollars to the bottom line. The platform follows a four-step reconciliation process: Request, Review, Reconcile, and Recover, providing an integrated workflow that gives AP teams full visibility into the statement lifecycle from start to finish. StatementSYNC is ERP agnostic, processing supplier statements in any format (including email, Excel, PDF, and more) and delivers real-time comparison against consolidated enterprise-wide AP data, allowing teams to identify discrepancies and recover credits in minutes or days rather than weeks or months. Key features and benefits include: • ERP agnostic, multi-format processing — Analyzes thousands of lines of data across all ERP systems and any file format to reconcile statements in minutes • Automated matching — Reconciles statements against paid history with real-time comparison to consolidated enterprise-wide AP data • Open credit and invoice visibility — Provides visibility to open supplier invoices and Received Not Invoiced (RNI) transactions to avoid credit holds and escheatment risk • Integrated workflow — Assign and prioritize work, manage payments and credits, and track reconciliation progress through a single platform • Battle-tested by audit professionals — Built and actively used by SAS recovery auditors in live client engagements, ensuring the tool handles real-world AP complexity across industries and ERP environments • Flexible, customer-centric adoption — Onboarding is designed to be effortless and tailored to each client's business needs, with seasoned professionals providing service and support throughout StatementSYNC is available as a standalone SaaS solution or as part of the AuditSUITE360 platform by Strategic Audit Solutions (SAS), a Freehold, NJ-based pioneer in the AP recovery audit industry founded in 2009. Current clients have reduced statement reconciliation processing time by up to 90% compared to manual methods, recovering open credits in minutes or days rather than weeks or months. SAS founders bring over six decades of combined recovery audit experience, with employees having audited more than 50% of the Fortune 100. StatementSYNC serves mid-market and enterprise organizations across a wide range of industries, with deep experience in retail, healthcare, and distribution.