Financial Control & Reconciliation
Streamline general ledger posting and reconciliation of customer money and settlement activity using our proprietary suite of financial control and reconciliation tools.
Accurately track inbound funding, payment transactions and outbound settlements on an account by account basis to improve your reconciliation and audit capabilities over client money.
Automate processing of transaction records and payment scheme clearing files to recreate, match and reconcile with payment scheme net settlement values.
Validate payment scheme invoices by reconciling detailed billing event codes against summary charges presented in clearing files to optimise payment scheme operating costs and identify billing errors.
Create dynamic general ledger postings from transaction records to identify revenues from fees, FX, interchange and other sources, and costs from scheme fees and other direct charges to drive KPI and BI reporting.
Deploying our Financial Control and Reconciliation solution will provide enhanced business insights, increase efficiency and reduce the operating costs of your programs.