Solutions
Automated Reconciliation

The Challenge
Financial institutions waste an average of 10,000+ hours annually on manual reconciliation tasks. Most rely on complex spreadsheets, leading to errors, delays, and scalability limitations.
Our Solution
PayTic automatically ingests, parses, cleans, and matches records between the Network, Processor, and Core Banking Systems to:
- Reconcile daily transaction activity with penny-level precision
- Close the books with confidence every single day
- Automatically flag exceptions requiring attention
- Maintain perfect audit trails for compliance
Results
90% reduction in time spent on daily reconciliation tasks
Complete visibility into scheme fees, transaction costs, and BIN expenses
Complete audit trails for every transaction
Ability to scale programs without adding adding headcount