Close your books in record time: How to automate payouts reconciliation

As a finance leader, you’re well aware of the challenges that come with payout reconciliation. The manual downloading, uploading, and reconciliation of payout reports can be incredibly time-consuming and resource-intensive.

As more and more customers embrace popular online payment options like PayPal, Amazon Pay, and Stripe across different sales channels, your back-office needs to handle a growing number of payouts from these gateways. That’s where automated payouts reconciliation comes into play.

In this guide, we’ll cover:

• Today’s most pressing reconciliation challenges and strategies to overcome them
• Key automation best practices to nail your reconciliation process
• Six essential tips on selecting the right payout automation solution