Reconciliation Services
Our services are specially designed for:-
1) The “Food and Beverage” industry
2) Vendor selling products on E-Commerce Platform
For the "Food and Beverage" Industry
Our Value Proposition
We will provide you a solution for doing reconciliation between transactions done with restaurant aggregators (like swiggy, Zomato etc) and payments received from multiple sources (Cards payments, Wire payments, Cash, etc)
We will also help in doing reconciliation between the branch and Head-office accounts which will give accurate and correct information for the company.
Sales over the counter
To track these down and reconcile the whole system becomes very tedious and next to impossible to reconcile, resulting in Errors and mistakes.
We can help you to solve these problems and make a system where there are no revenue leakages , errors free system, and reconciling all the payments and statements are done automatically.
When a sale is done by the company outlet, the customer has options to pay using either one of the following methods:-
- Cash
- By Card
- By Wire payments
- Other digital wallets etc
Sales from Restaurant Aggregate
To track these down and reconcile the whole system becomes very tedious and next to impossible to reconcile, resulting in Errors and mistakes.
We can help you to solve these problems and make a system where there is no revenue leakage, errors free system, and reconciling all the payments and statements are done.
When a sale is done by the company by using online aggregate services, sales will tremendously, but with it reconciliation progress between online aggregate and books increases.
Vendor selling products on E-Commerce Platform
Our Value Proposition
We will provide you a solution for doing reconciliation between transactions done with E-Commerce (like amazon, Flipkart, etc) and payments received over the counter from multiple sources (Cards payments, Wire payments, Cash, etc)
We will also help in doing reconciliation between the branch and Head-office accounts which will give accurate and correct information for the company.
Sales over the counter
To track these down and reconcile the whole system becomes very tedious and next to impossible to reconcile, resulting in Errors and mistakes.
We can help you to solve these problems and make a system where there are no revenue leakages , errors free system, and reconciling all the payments and statements are done automatically.
When a sale is done by the company outlet, the customer has options to pay using either one of the following methods:-
- Cash
- By Card
- By Wire payments
- Other digital wallets etc
Sales from E-Commerce platform
To track these down and reconcile the whole system becomes very tedious and next to impossible to reconcile, resulting in Errors and mistakes.
We can help you to solve these problems and make a system where there is no revenue leakage, errors free system, and reconciling all the payments and statements are done.
When a sale is done by the company by using online aggregate services, sales will tremendously, but with it reconciliation progress between online aggregate and books increases.
Advantages to the company
- Standardized, risk-based approach irrespective of the number of companies, banks, businesses and accounts.
- Automate responsibilities that will add clarity and reduce risk in the process.
- A recorded trail of all reconciliation activity for the external and internal auditors.
- Full visibility and control, including periodic controls testing.
- Real-time and historical reporting to analyze challenges opportunities and full organizational impact.
- Reduced workload of finance department Decreased write-offs related to reconciliations.
