MatchMaker

Reconciliation of payments requires efficiency and accuracy. Especially when higher volumes are in play the daily task of matching bankstatements with open invoices can be a time consuming chore. Even more so when your clients are used to combine payments for several invoices, or are allowed certain discounts for early payment. This is where our MatchMaker comes to the resque.

How does it work?

MatchMaker is a rule-based application that automatically matches your incoming payments with your open invoices. It will typically be able to match up to 95% automatically and will suggest possible matches for the remainder. Furthermore the system is able to learn from previous manual matches in order to increase the automatic score for future payments. In other words: an intelligent, self-learning tool that will improve your efficiency as you use it longer.

SEPA

SEPA (Single Euro Payments Area) stands for a European Union (EU) integration initiative in the area of payments. The SEPA vision was set out by EU governments in the Lisbon Agenda of March 2000, which aims to make Europe more dynamic and competitive.

Due to the changes in formats and local rules, we follow this closely to ensure that our solutions will always work. Our payment processing solutions are therefore SEPA proof. Therefore applicable for almost all European payment formats. Other International standards can easily be incorporated in the system.

Advantages

• Fast and easy payment processing
• Up to 95% automated processing
• Up to 80% less time required, freeing up FTE's
• Stand-alone roll out or incorporated with our other solutions
• XML or CSV interfaces with your ERP-system