accounts_payable · logistics · workflow
Basware Statement Matching eliminates over 90% of manual reconciliation effort at KION Group
KION Group operated across more than 100 countries but reconciled only 10% of supplier statements manually, leaving discrepancies undetected and ledger data unreliable. The volume and complexity of statements made it impossible to scale, allowing missing invoices, mis-postings, and duplicates to go unnoticed and impact the P&L.
How it works
Common implementation structure
How this type of workflow is generally built, generalized across documented cases — not tied to any one vendor's stack. Click any stage to read what happens there. Specific products that implement these stages appear in “Tools commonly seen” below.
Stage 1 · Daily invoice data upload
Invoice data is automatically uploaded from ledgers on a daily basis.
Tools used
Basware Statement MatchingAP Automation
Outcome
Basware Statement Matching eliminated over 90% of KION Group's manual reconciliation effort, delivered a 10x increase in reconciliation speed, and identified $1M+ for every $1B spent per customer, while providing clean ledger data as a foundation for SAP S/4HANA migration.
Results
Volume>90%
Cost replaced$1M+
Grounding & classification
Source type: platform led case
27 fields verified against source quotes.
document aiinvoicefailure mode describedhuman review describedmetric backednamed customerproduction runtime claimedsource backedtools describedworkflow describedmanufacturingautomation ratecost reductioncycle time reductionemployee productivityplatform led caseaccounts payableinvoice processingautonomous resolutiondocument to record