Multi-counterparty reconciliation
Partner banks, the agent network, billers and international corridors, each reconciled on its own cycle.
Reconciliation
Automated bank reconciliation, same-day
A payment service lives or dies by its reconciliation. The Konnect platform automatically reconciles every flow with every counterparty: banks, agents, billers and remittance partners, so discrepancies are caught the same day, not at dispute time.
Every discrepancy detected and traced before it becomes a dispute.
The reconciliation zip
TX-4821TX-4821✓TX-4822TX-4822✓TX-4823TX-4823✓bankplatform
What the capability covers
Same-day discrepancy detection
Differences are identified the same day, qualified and assigned to an owner for resolution.
End-to-end traceability
Every discrepancy keeps its history: detection, investigation, resolution, all timestamped.
No more spreadsheets
Statements come out of the system; the finance team manages exceptions, not Excel exports.
Audit-ready
Reconciliation logs directly feed internal audit and regulator needs.
How we deploy
Flow mapping
Every counterparty and exchange format is identified and connected.
Matching rules
Matching rules and tolerances are configured per flow type.
Daily operations
Reconciliation runs every day; the team handles flagged exceptions.
Frequently asked questions
What exactly does reconciliation cover?
All platform flows: bank movements, agent operations (cash-in/cash-out), bill payments and international remittances, each reconciled with its counterparty.
What happens when a discrepancy is found?
It is qualified, traced and assigned; its resolution cycle is tracked in the back-office until closure, with a full history.
Can you connect our local banks?
Yes: partner banks' exchange formats are integrated during deployment, as was done for Kashy's national launch.
Activate this capability under your brand
Tell us about your market, your licence and your constraints. We'll come back with a costed launch plan, and a lap time.
Book a demo