Statement Zen Launches Beta Program for AI-Powered AP Automation Across Legacy ERP Systems
TL;DR
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.
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Statement Zen, a Brisbane-based accounts payable automation startup, has announced an exclusive closed beta program for its AI-powered vendor statement reconciliation platform. The beta program targets ERP resellers, AP providers, accounting firms, and end-users who work with legacy enterprise resource planning systems. The platform aims to eliminate the manual, time-consuming process of reconciling vendor statements against ERP data, a common pain point for finance teams that often leads to errors, duplicate payments, and compliance risks.
The core innovation of Statement Zen's platform is its templateless AI engine, which requires no application programming interfaces (APIs) or custom templates to function. Users simply upload their vendor statements in PDF, Excel, or CSV format alongside an export of open-items or aged-payables data from their ERP system. The AI then matches line items automatically, handling complexities like partial payments, credit notes, mismatched references, and formatting errors. The system flags true exceptions for review and generates a complete audit trail. According to the company, this process can reduce reconciliation time by up to 80%, help recover funds from duplicate payments or missing credits, accelerate financial closing, and allow teams to focus on more strategic tasks.
The beta program significantly expands the platform's compatibility beyond its existing support for Xero and QuickBooks Online. It now includes over 20 major legacy and on-premise ERP systems that remain widely used in 2025. The supported systems include SAP ECC & S/4HANA, Vista by ViewPoint (Trimble), JD Edwards EnterpriseOne & World, Microsoft Dynamics Great Plains, GP, AX, SL, NAV, Acumatica, Deltek Vision & Vantagepoint, Oracle E-Business Suite, Infor M3 / LN / SyteLine / Visual, Epicor Kinetic & Vantage, Syspro, IFS Applications, and Sage 100/300/X3. The platform is also designed to work with any other system capable of exporting open-items, aged-payables, or unpaid-invoices reports.
Beta participants receive a 30-day free trial with unlimited access and an initial allocation of 100 free pages. The company offers personalized setup, where prospective users can submit a sample ERP report and challenging statements; Statement Zen verifies compatibility within one to two days and returns reconciled results to demonstrate value. Active testers who provide feedback on five or more reconciliation runs qualify for lifetime discounts of up to 50% or a free first-year subscription. Successful pilot programs may evolve into revenue-share partnerships with co-marketing opportunities. More information about the company and its mission is available at https://www.statementzen.com.
The implications of this technology are substantial for industries reliant on legacy ERP systems, which often lack modern, integrated automation tools. By offering a solution that requires no IT infrastructure changes, Statement Zen lowers the barrier to automation for businesses that cannot easily upgrade or modify their core systems. This could lead to widespread efficiency gains in finance departments, reduced operational costs, improved supplier relationships through accurate payments, and enhanced financial controls. For the accounts payable automation industry, the approach challenges the conventional need for deep system integrations, potentially setting a new standard for flexibility and ease of adoption.
Curated from 24-7 Press Release

