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Reconciliation Made Simple

Reconciliation is no more a challenge with our Automated Reconciliation. Focus on giving your customers the best experience while we automate the process of reconciliation and settlement for you.

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Payments reconciliation is a big challenge

You will face many challenges to perform your reconciliation manually. Match fees to each transaction record you process is a tedious work and furthermore you need to face technology challenges especially when you need to deal with multiple acquirers and received different formats, time-frames and logic behind fees.

The solution

Reconciliation to run efficiently requires to be automated to a significant level so as not to take up resources and time that literally cost the business a lot of money. It should incur least overhead in order to be performed efficiently. A mechanism to collect reconciliation files across all the acquirers and the payments methods. Then a standard format to consolidate all these files into a single file that can be used by the accountant/analyst to reconcile transactions with the bank statements and the books. No more unmatched transactions or missing funds!

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Conclusion

Payments reconciliation doesn’t necessarily have to be this hard. Wouldn’t it be great if the payments reconciliation could be done in a single click?

We can offer Automated Reconciliation as a part of our Payment Gateway Service and help you make reconciliation a simple part of normal daily business.