Retail

The Smart Solution for Complex Payment Reconciliations

Whether online or offline, ReconHub integrates all channels and ensures precise transaction reconciliation.

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Discover How ReconHub Optimizes Financial Closing

The retail sector faces the challenging task of accurately accounting for gift cards and returns. ReconHub provides an automated solution that simplifies these processes and ensures no manual errors occur. Modern cross-channel sales, which seamlessly combine online and offline transactions, often lead to uncertainties in payment reconciliation. ReconHub connects all channels and enables precise allocation of each transaction.

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ReconHub ensures precise allocation of transactions to their respective locations, even for mobile payment terminals and pop-up stores. Large organizational structures with numerous branches and high transaction volumes benefit from the platform's scalability and flexibility. ReconHub provides you with transparency, automation, and significant time savings to meet the complex demands of retail.

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Accepting More Payment Methods

ReconHub works with many payment providers like credit cards, gift cards, mobile payments, delivery services, and marketplaces. You can easily add new payment methods in a simple and efficient way. This helps make accounting easier and keeps customers happy.

Scalable Solution for Large Retail Structures

ReconHub handles high transaction volumes and adapts flexibly to your business, no matter how many branches or channels you operate.

Maximizing Time on What Truly Counts

ReconHub simplifies the reconciliation process by automating matching, reducing the need for manual intervention. With its advanced exception handling capabilities, you can swiftly identify and resolve discrepancies, enabling efficient workflows and allowing your team to prioritize what truly matters.

Future-Proofing Your Processes

With ReconHub, you can make your financial closing processes for electronic payments simple and organized. This helps you get ready for future changes. Need to add a new POS system? Open or close locations? Add a new payment method? ReconHub makes these tasks much easier and smoother.

ReconHub fully met our requirements and further enhanced the already excellent reconciliation solution we used at the Migros Group. The seamless integration and improved features of ReconHub have significantly optimized our reconciliation process.

Mike Jehli
Head of POS Systems at Magazine zum Globus

Why Choose ReconHub?

Choosing ReconHub will not only transform how you close your books, but also offers other significant advantages.

Marriage of Accountancy and Payments

With its extensive partnerships in the payment industry, ReconHub offers unmatched solutions for seamless integration and streamlined processes, making it the ultimate choice for combining accountancy and payments.

Expert Support Every Step of the Way

Choose ReconHub for its unwavering support throughout every stage of the customer journey, from project initiation to going live, comprehensive trainings, and an informative learn center. We are here to assist you every step of the way.

Secure and Compliant

ReconHub is committed to the highest standards of data security and privacy. Our organization is ISO27001 certified, offering you peace of mind that your sensitive financial data is secure. Visit our Trust Center to learn more.

Ready to Experience the Benefits of ReconHub?

Schedule a demo with ReconHub today and see how you can streamline your processes, save time, and improve accuracy.

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Our Customers Make Us Great

Our customers are the driving force behind ReconHub's success. We are dedicated to delivering exceptional long-term value by harnessing the power of technology and innovation.

Support for the Entire Team

Let ReconHub's cutting-edge payment reconciliation engine take on the burden of manual tasks, optimize your workflows and enhance transparency for better decision making. Empower your finance professionals throughout the organization to dedicate their efforts to valuable tasks that drive greater profitability and productivity.

A Plan That Adapts to the Needs of Your Business, Both Now and in the Future.

Standard

Ideal with less than 1 M transactions or 100 M CHF/EUR revenue per year.

For Medium-Sized Businesses
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Efficient, transparent electronic payment reconciliation.

  • Streamline Your Closing Process: Fast, clear and simple financial handling.
  • Gain Transparency: Simplify electronic payment tracking and understand your payments and fee mix.
  • Close with Confidence: Quick, insightful and transparent financial closure.

Enterprise

Ideal with more than 1 M transactions or 100 M CHF/EUR revenue per year.

For Large Enterprises
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In-depth control and transparency in payment reconciliation.

  • Master Your Closing Process: Comprehensive insights, transaction-level matching and effective exception handling.
  • Transparency in Payments and Processes: Understand your payments and fee mix, and your matching processes in detail.
  • Enhance Compliance: Increase transparency and standardize processes, to reduce risk and enhance compliance.
Order-to-Cash in Retail – The Value of Automated Payment Reconciliation
2024-11-25  • 9 min
Order-to-Cash in Retail – The Value of Automated Payment Reconciliation
Payment Reconciliation Insider
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