Xstream Statement Reconciliation Solution by Xcellerate IT

Automated processing of supplier statements and related documents

Intelligent header and line-level OCR data extraction from supplier statements

Automated matching of statement entries against ERP transactions and invoices

Identification of missing, duplicate, or unmatched invoices from statements

Exception handling and reconciliation workflow for discrepancy resolution

Data validation, enrichment, and export of reconciliation results and documents to ERP systems

Automated Statement Reconciliation – Automatically matches supplier statement entries with ERP transactions, reducing manual reconciliation effort and accelerating issue identification

Seamless ERP Integration – Connects smoothly with existing ERP and financial systems to retrieve invoices and update reconciliation status

Improved Accuracy & Control – Detects missing, duplicate, or unmatched invoices to improve financial accuracy and supplier account control

Exception Management & Visibility – Provides clear visibility into reconciliation exceptions and supports faster resolution workflows

Cost & Time Savings – Eliminates manual statement checks, reducing reconciliation time and improving finance team productivity