Supplier Statements ensure complete and error-free supplier records. You’ll be able to easily keep track of invoices and payments to know exactly what’s been paid and what’s outstanding.
How does it work?
Dext automatically extracts key information from your supplier statements, including the statement date, payable balance, and details of invoices and credit notes. It scans for any missing information and assigns a status to each line, to show you exactly what invoices are already in the system and what invoices are missing. For Xero users, this feature cross-references invoices between Dext and Xero, flagging potential matches.
How does it help?
- Quickly reconcile supplier invoices to save time
- Minimise error and prevent fraud by identifying discrepancies
- Facilitates timely and accurate payments