Vendor statements, reconciled to the cent.
Tiewise matches every vendor statement against your AP ledger, explains every dollar of difference, and hands you an audit-ready workpaper. Works with SAP, QuickBooks, Xero, NetSuite, Business Central, Sage or plain Excel. Built by an AP professional in Waterloo Region.
The demo opens with example data, and you can try 2 of your own vendors with no sign-up. Nothing you add is uploaded.
Statement reconciliations still run on Excel and XLOOKUP.
The same invoice keyed twice with a slightly different reference gets paid twice.
Credit notes the vendor issued never make it into the ledger, so the money stays on their side.
A balance that's off by $5,268 takes an afternoon of line-by-line ticking to explain.
From a stack of statements to a signed-off workpaper.
Drop in your files
Add every vendor's statement and one ledger export. Tiewise pairs each statement with the right vendor by matching invoice numbers.
Review the exceptions
Every line is matched and shown with its payment status. Each difference comes with the reason, the fix and its effect on the balance, biggest dollars first.
Sign off and export
Assign items to your team, then send the vendor a drafted email with an Excel workbook of their items attached. Preparer and reviewer sign off, and you export the workpaper with the full audit trail.
It tells you what went wrong, not just that something did.
Examples from the demo data.
Duplicate postings
Exact repeats, and near-duplicates keyed one character off.
→ block and reverse before payment
Tax and keying errors
Spots differences that are exactly 13% HST, 5% GST or transposed digits.
→ statement is exactly 13% HST higher
Missing invoices and credits
Items on the statement that never reached your books.
→ request the credit note and post it
Payments not applied
Money you sent that the vendor hasn't applied, before it turns into a credit hold.
→ send remittance details
Timing, handled
Payments in transit and items after the statement date are set aside, not flagged.
→ will appear on next statement
Balance forward, explained
Finds the older ledger items that make up an opening balance.
= MR-5480 + MR-5489
Speaks your system, including the quirks.
Tiewise recognizes which system a ledger export came from and words every fix the way your team would do it there. Any system that exports to Excel or CSV works.
Your financial data never leaves your computer.
Statements and ledger exports are read and matched inside your browser. Nothing is uploaded to a server, which makes it an easier conversation with IT and your auditors.
Less than the cost of one duplicate payment.
Every plan starts with a free 30-day pilot on your own statements. Cancel monthly plans any time.
Starter
For a small business or a single AP clerk.
- Up to 40 vendors a month
- 1 user
- Every matching check: duplicates, missing items, tax, keying and timing
- Excel workpaper and vendor email with workbook
- SAP, QuickBooks, Xero, NetSuite, Business Central, Sage or Excel
Team
For an AP team with a review step.
- Up to 200 vendors a month
- Up to 5 users
- Everything in Starter
- Preparer and reviewer sign-off
- Assign items to teammates and track them
- A setup call for your ledger export
Firm
For bookkeeping and accounting firms.
- Unlimited vendors and clients
- Unlimited users
- Everything in Team
- Help setting up each client's export
- Priority email support
Prices are in Canadian dollars, plus applicable tax. Your plan covers the number of different vendors you reconcile each calendar month. Nothing is blocked if you go over in a busy month; we'll just talk about the right plan.
Run your next month-end on Tiewise, free for 30 days.
Request a pilot and you'll get a license key within two business days. No credit card, and nothing to install.
All I ask in return is a short feedback survey at the end.
Want to see it with sample files first? Download fictional test statements and drop them into the live demo.
Frequently asked
Does my data leave my computer?
No. Statements and ledger exports are processed in your browser and never uploaded. The audit trail is stored in your browser too, and goes into the Excel workpaper you export.
Which systems does it work with?
Any ledger you can export to Excel or CSV. It recognizes exports from SAP (FBL1N), QuickBooks, Xero, NetSuite, Dynamics 365 Business Central and Sage, and words its suggested fixes for that system. Tested so far with sample exports in each format.
Can it read PDF statements?
Yes, PDFs with selectable text are read directly. Scanned image-only statements aren't supported yet; ask the vendor for an Excel or CSV copy in the meantime.
Does it handle multiple currencies and company codes?
Yes. It compares in the statement's currency using the document-currency amounts, sets aside ledger lines in other currencies, and splits the ledger balance by company code.
How many vendors can I do at once?
As many as you have statements for. Add them all with one ledger export and each one is paired with its vendor automatically.
What does it cost?
Starter is $79 a month, Team $199 and Firm $399, in Canadian dollars plus tax. Annual billing gets two months free. Every plan starts with a free 30-day pilot. See pricing.
What happens when the pilot ends?
You choose a plan and get a new key, or the pilot key simply expires and Tiewise goes back to the free demo. Nothing is charged automatically, and the workpapers you exported are yours.
How does the license work?
You get a license key by email. Open the activation link, or paste the key under Files & settings, on each computer you use. Without a key, the demo covers 2 of your own vendors a month.
Can I cancel?
Monthly plans can be cancelled any time and run to the end of the month you've paid for. Annual plans run for the year.
Should I rely on it straight away?
Tiewise is new, so run it alongside your current process for your first month-end and compare the results. Every match and every difference shows its reasoning, so it's easy to check.