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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 Splendid Accounts?

Splendid Accounts offers an all-encompassing online platform designed for accounting and inventory management, specifically catering to small and medium-sized businesses in Pakistan. The service features a free 14-day trial and encompasses vital modules that support essential business activities, including sales, procurement, stock management, financial accounting, production workflows, point of sale (POS) systems, ledgers, trial balances, aging reports, income statements, and balance sheets. This integrated solution is designed to enhance the efficiency of multiple business operations, positioning itself as an indispensable resource for both entrepreneurs and managers. By centralizing various functions, it alleviates the complexity often associated with managing business resources effectively.

Media

No images available

Media

Integrations Supported

QuickBooks Online
Viewpoint Vista
Xero

Integrations Supported

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

$14/month
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Web-Based Support

Customer Service / Support

24 Hour Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Statement Zen

Date Founded

2011

Company Location

Australia

Company Website

statementzen.com

Company Facts

Organization Name

Splendid Accounts

Date Founded

2019

Company Location

Pakistan

Company Website

splendidaccounts.pk/

Categories and Features

Accounts Payable

Not specified

AP Automation

Not specified

Categories and Features

Accounting

Not specified

Inventory Management

Not specified

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