Vendor Accrual confirmation

Request accrual confirmations autonomously to ensure the completeness & timely collection of your unbilled expenses. Review & manage vendor responses in the Gappify Accrual Cloud for robust analysis and generate SOX-compliant journal entries for your selection & autonomous entry into your ERP system.

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Vendor Accrual confirmation

accelerate Accrual Cycles with automation and end-to-end visibility

Gappify autonomously requests unbilled expenses from your vendors to quicken your accounting team’s close process. Responses and other relevant accrual related data are logged and stored in the Gappify Accrual Cloud to view against prior period accruals and default/liability accounts for robust flux/analysis and trend review. SOX-compliant journal entries are generated within the Gappify Accrual Cloud for your selection. Approved accrual entry JEs are then auto-posted into your ERP system.

benefits:

business value:

Gappify automation for erp accounting systems

Open PO Review

Automate outreach to your internal business partners to match expenses against open PO balances in real-time. Allow Gappify to do labor-intensive tasks such as sending emails, collecting responses, aggregating expense data, and recording JEs.

Gappify Accrual Cloud

Manage your entire accrual process in a single platform. Automate vendor and PO owner expense requests. Compare current month accruals with prior period actuals, creating a holistic view of your spend. Post SOX-compliant transactions, and perform analytical & trend reviews for accuracy & completeness.

Vendor Management

Interact with new vendors autonomously to onboard them into your ERP system, automate vendor updates, and answer vendor payment inquiries to streamline the vendor management process while strengthening compliance.

Next Steps

Questions about how Gappify can help with your Vendor Accrual Confirmation process?