Netted amounts
Fees and reserves are deducted before the money lands, so gross and net never line up by hand.
Timing gaps
Value dates, cut-offs and weekends push cash into the next day or month.
Many partners
Every scheme, acquirer and bank settles in its own format and cycle.
✓
Clearing to settlement
Clearing files matched to net settlements, per scheme and cycle.
✓
Settlement to bank
Net settlements matched to bank credits, per account.
✓
Gross, fees and net
Fees and reserves deducted at source, broken out and explained.
✓
Timing differences
Value dates, cut-offs and holidays tracked until items clear.
✓
Multi-currency
Settlements in any currency, with the FX rate that applied.
✓
Partner remittances
Acquirer and PSP payouts tied to the transactions behind them.
Collect
Settlement reports, clearing files and bank statements arrive automatically every day.
Tie out
Gross, fees and net are matched across all sources, one-to-many where needed.
Explain
Timing differences, short payments and FX gaps are flagged with the records behind them.
Book
Verified cash positions post to your ERP with the trail attached.
Tie-out
Every settlement is broken into the transactions, fees and reserves behind it, then matched to the bank credit.
One-to-many matching
Fees broken out per line
Reserves and releases tracked
Per scheme, partner and currency
Settlement · Visa · 14 Oct
Cycle 1
Gross clearing
€1.24m
Fees deducted
€18.6k
Net settlement
€1.22m
Bank credit
€1.22m
Cash position · 14 Oct
3 banks
Expected today
€3.41m
Received
€3.36m
Short paid
€42.1k
Arriving tomorrow
€8.4k
Cash position
Expected and received cash per bank and partner, with short payments and late arrivals flagged as they happen.
Expected vs received
Short payments valued
Late arrivals aged
Booked to the ledger
Sources
Schemes, acquirers, PSPs and bank accounts in scope.
Schemes
Partners
Accounts
Matching rules
Which fields link clearing, settlement and bank records.
Match keys
Grouping
Rule order
Tolerances
Amount, date and FX limits per partner and currency.
Amount ± %
Date window
FX source
Approvals
Value thresholds and four-eyes rules for every fix.
Thresholds
Four-eyes
Auto-Pilot limits
settlement breaks found the next morning
of settlements matched automatically
less manual cash reconciliation work
Safeguarding Reconciliation
Client funds against safeguarding, daily.
Learn more
›
Scheme Fees
Check every scheme fee against your contract.
Learn more
›
Compliance Reporting
Reports generated from verified data, not assembled.
Learn more
›
Margin Assurance
Interchange, scheme fees and MDR in one margin view.
Learn more
›
Chargebacks & Disputes
Every chargeback tracked to the final booking.
Learn more
›
