PSP Reconciliation – Automated Settlement File Processing from any Payment Service Provider
Improve Customer Engagement and Support Faster Cash Allocation
The payments landscape has never been as dynamic and diverse as it is today. Fast and simple payment options have become something customers simply expect when conducting a purchase or paying a bill. As companies, both eCommerce and more traditional corporates, have massively adopted online payments to enable sales via the internet, they face completely new challenges in their accounts receivable management:
- Processing daily settlement files provided by online Payment Service Providers (PSP) in their own specific format
- Complying with PSP-specific reconciliation rules to avoid chargebacks and cancellations
- Manual retrieval of PSP information from PSP-specific clunky payment portals
Our advanced PSP Reconciliation service retrieves PSP settlement information and converts the data into one structured format for automated processing within your accounting system. Integrate as many Payment Service Providers into your sales cycle as you want – without any additional back-office work load. The cloud-based service is agile and easily adjustable andplus scalable to the needs of your business.
Allocate cash faster with an intelligently automated online payment settlement process
- Automates retrieval and processing of PSP settlement information via files or API
- Easily converts data into one structured format CAMT.54
- Instantly makes the structured information available in the customer’s cash application systems for reconciliation of performed sales, orders, or outstanding balances
- Seamlessly imports the data into the customer’s ERP system
- Visibility into the KPIs for internal use, billing, and troubleshooting
Our expert is here to solve your problem
Director Solution Success
Are you interested to learn more? Request a complimentary demo and contact our expert.
Go Beyond: Optimize Your Inbound Payments with our Complementary Accounts Receivable Solutions
Serrala is known for offering solutions across the entire AR process cycle, intelligently interconnecting and supporting one another for an end-to-end value stream. Complement PSP Reconciliation with our other cloud-based solutions for accounts receivable management:
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