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Payment Reconciliation Engine
Payment Reconciliation Engine

Matching internal and external payment records at scale with precision and clarity.

Matching internal and external payment records at scale with precision and clarity.

Client

Reconify

Client

Reconify

Service

Payment Reconciliation Engine

Service

Payment Reconciliation Engine

Date

Oct 10, 2024

Date

Oct 10, 2024

Overview:

We built a robust reconciliation engine that automatically matches payment gateway transactions with internal financial records — ensuring every payout, fee, and refund is accounted for with zero guesswork.

Our system supports:

  • Rule-based matching between multiple data sources (e.g., Stripe, bank exports, internal ledgers)

  • Handling of edge cases like delayed settlements, partial refunds, and currency conversion fees

  • Manual override workflows with audit trails

  • Reconciliation status reporting and alerting for mismatches

This engine dramatically reduced finance team workload, increased reporting accuracy, and created a single source of truth for payment flow transparency.

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