Liberata: Supplier Statement Reconciliation

Reconcile faster, work smarter

Manual supplier statement reconciliation is time-consuming and often pushed down the priority list. Yet the costs of not doing it — missed credits, duplicate payments, and ledger inaccuracies — can be significant. Our automated reconciliation service removes the burden from your team, delivering cleaner ledgers, fewer queries, and stronger supplier relationships.

Statement Reconciliation benefits

Improved accuracy

Automatically detect missing invoices, payments and errors across all suppliers

Increased income

Identify unclaimed credits and duplicate payments to unlock hidden value from your Goods Received Not Invoiced (GRNI) account

Time saved

Process statements 15x faster than manual methods, reducing backlogs and administration workload

Fewer supplier queries

Proactively resolve discrepancies before they become disputes

Better audit outcomes

Give auditors confidence with clear reports and reconciled records

Higher team satisfaction

Eliminate low-value manual tasks and give your team more time to focus on what matters

Designed for finance teams under pressure

For many accounts payable teams, reconciling supplier statements is a low priority, but it creates more work in the long run. Spreadsheets, disconnected systems, and a lack of visibility make reconciliation difficult and error-prone. Our automated service changes that by making reconciliations fast, simple, accurate and continuous.

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Automated reconciliation at scale

Our Finance Cloud platform compares supplier statements against your ledger data to highlight missing invoices, misallocated payments, and duplicate transactions. It easily handles large volumes, reducing manual effort and improving ledger accuracy.

GRNI cleansing and income recovery

We help you unlock missed value by identifying unclaimed credits and cleansing your Goods Received Not Invoiced (GRNI) account. This enhances your balance sheet position, reduces aged creditors, and releases funds that might remain hidden.

Proactive reporting to suppliers

Improve your supplier relationships by proactively reporting invoice and payment statuses. This will address any discrepancies and avoid future disputes and additional resource costs.

Built for complex environments

The service works across multiple ERP, finance and procurement systems — ideal for large or multi-entity organisations. Discrepancies are flagged instantly, and query emails can be generated automatically for faster resolution. A clear audit trail of all actions keeps you in control.

Backed by expert support

Our reconciliation experts are available to manage the process on your behalf. Whether you’re clearing a backlog or need long-term support, our managed service option gives you the confidence of complete control without the resource pressure.

Actionable insights that drive improvement

Each reconciliation cycle delivers more than just matched data—it provides insight. Access a suite of reports that highlight mismatches, omissions, and recurring issues, helping you take targeted action to improve processes, reduce risk, and strengthen your financial controls. Whether you manage reconciliations internally or through our managed service, you gain greater clarity, confidence, and control.

Proven, trusted and ready to support you

We’ve delivered finance services for 50 years and support a wide range of organisations across the public and private sectors. Our clients include Bentley Motors, Deloitte, NHS Trusts, and many local authorities.

Whether you manage a handful of high-value suppliers or reconcile thousands of statements monthly, we can scale the service to meet your needs.

Try the Supplier Statement Reconciliation Service for free

Try it for yourself — free

Evaluate the Supplier Statement Reconciliation Service free of charge and with no obligation. Discover how much time, resource and value it could unlock for your organisation.