Month end, without the line-by-line
Every month your trade account sends a statement with hundreds of transactions. Someone has to open it, find the matching bill in your accounting system, check the amount, and tick it off. SwiftStatement does that matching for you, and shows you only the lines that need a decision.
Statement lines and accounting bills live in two systems that never speak. Matching them is manual, slow, and easy to get wrong.
We pull both sides in automatically and match them line by line, so reconciled transactions clear themselves.
Review the exceptions — a new supplier, a missing bill, an amount that differs — and approve them in a few selects.
How it fits together
We sit between your trade account and your accounting system, and keep the two in step.
Your monthly statement feed — every invoice, credit note and payment charged to the account.
Matches each statement line to a bill, posts what's missing, and surfaces only the exceptions.
Post back
Accounts payable bills, suppliers and chart of accounts — the other half of the match.
Your trade account HQ pushes the month's statement lines to us over the API — invoices, credit notes and payments.