Payment Reconciliation Checks and Balances

Understanding the importance of checks and balances in the payment reconciliation process – and how Zone & Co can help. Automating reconciliation checks and balances reduces the manual load on your finance team and frees up time for more impactful work. But something that is often overlooked – and will bring the finance team a lot of joy – is that it delivers real-time checks and balances. Reconciliation is, in large part, just making sure everything is running correctly. However, from an order perspective, if you’re receiving money and you can’t link it to a transaction, it might indicate there’s an issue with your order flow. If you’re a finance person and you find out after six months that your financial reporting wasn’t correct, it can lead to some very uncomfortable moments. Integrations that automate payment reconciliation not only provide solutions, but they also give you peace of mind that your data streams are running correctly.