With Payt’s reconciliation module, payments received in your bank account are automatically matched to the correct invoices. This keeps your payment processing centralized in Payt, and paid invoices are processed immediately. This significantly reduces the chance of incorrect reminders and provides an up-to-date and reliable overview of your outstanding items.
Instead of manually checking transactions or processing payments in another system, you fully automate this process within your accounts receivable management.
Why use the reconciliation module?
- Smart matching
Determine how reliable a match between the payment and invoice must be before Payt can process it. Are there payments that couldn’t be automatically matched? You can easily handle these manually. - Always insight
You know exactly what has been paid and which invoices are still outstanding. - Processed immediately
Since payments are processed in Payt, you don’t have to wait for the next daily import for the payment to appear in Payt.
