Payment reconciliation compares payment records against gateway transactions, bank settlements or accounting records to identify matches and discrepancies.
Can Membroz help reconcile online payments?
Reconciliation workflows can be supported when the relevant gateway transaction and payment records are available.
Can I identify missing or unmatched transactions?
Unmatched records can be identified when the reconciliation process has access to the relevant transaction and settlement data.
Can gateway fees and settlement differences be tracked?
This depends on whether the payment provider supplies fee, settlement and adjustment details and whether the integration processes them.
Can payment reconciliation reduce manual work?
Yes. Supported data imports, transaction matching and exception reporting can reduce repetitive manual checks.