Curated News
By: NewsRamp Editorial Staff
December 02, 2025
Statement Zen Launches Beta to Automate Vendor Reconciliation for Legacy ERPs
TLDR
- Statement Zen's beta program offers early access to AI that cuts reconciliation time by 80%, helping businesses recover funds and gain efficiency over competitors.
- Statement Zen's AI engine reconciles vendor statements against over 20 ERPs via simple file uploads, matching lines and flagging exceptions without templates or APIs.
- Statement Zen frees finance teams from manual drudgery, allowing them to focus on strategic work and improving work-life balance through automation.
- An AI platform from Brisbane instantly reconciles vendor statements against legacy ERPs like SAP and Oracle, handling partial payments and formatting errors effortlessly.
Impact - Why it Matters
This development matters because manual vendor statement reconciliation remains a significant operational burden for businesses using legacy ERP systems, consuming countless hours of finance team labor while creating risks of financial errors, duplicate payments, and compliance issues. By offering a templateless AI solution that works with over 20 major ERP platforms without requiring API integrations or IT overhauls, Statement Zen addresses a critical gap in the automation market where many solutions focus exclusively on modern cloud systems. The immediate impact includes potential 80% time savings on reconciliation tasks, recovery of lost funds through identification of duplicate payments and missing credits, and reduced compliance risks through automated audit trails. For businesses still operating on systems like SAP, Oracle, or Microsoft Dynamics that were implemented years or decades ago, this represents a rare opportunity to achieve modern automation benefits without costly system migrations. The beta program's structure—offering immediate value through free trials and potential lifetime discounts—creates low-risk access to technology that could transform financial operations for thousands of organizations worldwide.
Summary
In a bold move to tackle one of finance's most persistent headaches, Brisbane-based startup Statement Zen has launched an exclusive closed beta program for its revolutionary AI-powered accounts payable automation platform. The company is targeting ERP resellers, AP providers, accounting firms, and end-users who struggle with manual vendor statement reconciliations in legacy systems, inviting them to test the only templateless AI engine that reconciles statements against any ERP via simple file uploads. This initiative builds on Statement Zen's proven success with cloud platforms like Xero and QuickBooks Online, now expanding compatibility to over 20 major legacy and on-premise systems still dominating business operations in 2025, including SAP, Microsoft Dynamics, Oracle, Infor, and Sage.
The platform operates through three effortless steps: users upload vendor statements in PDF, Excel, or CSV format without preprocessing, upload their ERP's open-items or aged-payables export in any format, and the AI instantly matches every line while handling partial payments, credit notes, mismatched references, and formatting errors. The result promises to slash reconciliation time by up to 80%, uncover duplicate payments or missing credits to recover funds, close books faster, and free finance teams for strategic work—all without APIs, custom templates, or IT disruptions. As the Statement Zen spokesperson emphasized, "Vendor statements shouldn't be a monthly nightmare," highlighting the platform's mission to empower overworked finance professionals to reclaim their time and accuracy.
Beta participants receive significant incentives, including a 30-day free trial with unlimited access and 100 free pages to start, personalized setup where the company verifies compatibility in 1-2 days using sample data, and exclusive perks like priority support and early feature access. Most compellingly, active testers providing feedback on five or more runs qualify for lifetime discounts up to 50% off or free first-year subscriptions, with successful pilots potentially evolving into revenue-share partnerships with co-marketing opportunities. Those interested in eliminating AP bottlenecks and helping pioneer this solution can visit www.statementzen.com or email info@statementzen.com with "BETA INTEREST" in the subject line, including details about their ERP and challenges—no commitment required to begin this collaborative journey toward transforming financial operations.
Source Statement
This curated news summary relied on content disributed by 24-7 Press Release. Read the original source here, Statement Zen Launches Beta to Automate Vendor Reconciliation for Legacy ERPs
