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What is Statement Zen?

Statement Zen is a digital tool designed for the effective management of accounts payable, particularly focused on reconciling supplier statements with ledger entries. Users can easily forward statements to a specific email address, allowing the software to smartly extract necessary details and align the entries with those recorded in the ledger. The intuitive dashboard presents discrepancies clearly, identifying issues such as missing ledger entries or differences in amounts, dates, or references, while also consolidating matched items for better understanding. An automated balance verification function ensures that the sum of the opening balance and the transactions on the statement corresponds with the specified closing balance. Furthermore, Statement Zen provides smooth integration with Xero and QuickBooks Online through read-only access, while Viewpoint Vista shares payable data via its Workflow Notifier; additionally, other accounting platforms can connect through the Statement Zen API. The software is compatible with various formats, including native-text, scanned PDF statements, CSV files, and spreadsheets, making it versatile for different user needs. Designed with bookkeepers, accounts payable teams, and accounting firms in mind, it significantly streamlines the reconciliation process, enhancing efficiency and minimizing errors. Ultimately, Statement Zen not only boosts financial accuracy but also optimizes the workflows of teams managing accounts payable functions, paving the way for better financial management practices.

What is Continia Payment Management?

Continia Payment Management offers an all-encompassing online payment solution seamlessly integrated into Microsoft Dynamics 365 Business Central, consolidating payments for vendors, employees, and customers into a single payment journal that supports various bank accounts and multiple foreign currencies. The system not only enables bulk payment initiation but also allows for quick approvals with a single click and effortless bank exports, while ensuring real-time visibility into payment statuses. It establishes direct lines of communication with banks for sending payments as well as receiving statements and exchange rates, and features automatic reconciliation powered by sophisticated statement analysis, which includes customizable rules and unique transaction identifiers. Additionally, the solution is equipped with an IBAN lookup function designed to verify and generate international account information, along with comprehensive approval workflows capable of managing both batch and individual transaction approvals, facilitating auto-detection of low-risk amounts, and ensuring bank account verification to reduce the risk of fraud. Users can also summarize payments by vendor to cut down on transaction costs and effectively align customer transactions through integration with payment service providers, which significantly boosts overall financial management efficiency. With such an extensive range of features, Continia Payment Management stands out as an essential resource for businesses looking to enhance and streamline their payment processing capabilities while promoting better financial oversight. Ultimately, this powerful tool empowers organizations to achieve greater control and accuracy in their payment operations.

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Integrations Supported

QuickBooks Online
Viewpoint Vista
Xero

Integrations Supported

Adyen
Amazon
Klarna
Microsoft Dynamics 365 Business Central
Mollie
PayPal

API Availability

Has API

API Availability

Pricing Information

$99/month
The Starter plan is $99 per month when billed monthly, or $79 per month with annual billing ($948 per year). It includes up to 100 statements per month. A free plan covers 25 statements per month.
Free Version

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Statement Zen

Date Founded

2011

Company Location

Australia

Company Website

statementzen.com

Company Facts

Organization Name

Continia

Date Founded

2009

Company Location

Denmark

Company Website

www.continia.com/solutions/payment-management/

Categories and Features

Accounts Payable

Not specified

AP Automation

Not specified

Categories and Features

Accounts Payable

Not specified

AP Automation

Not specified

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