ReconHub Insights

A Solution Called ReconHub Is Catching On!

Written by Daniel Eckstein | 27 January 2022

Our newly developed ReconHub software not only obtains and books data, but also reconciles all sales of a merchant against all payment methods like credit cards, debit cards, or store cards, no matter if in-store or online, and checks them against the bank credits before they are booked. Differences can thus be identified and clarified quickly and company-wide.

The projects successfully implemented in 2019 have helped us to become one of the companies nominated in Berlin at the Merchant Payments Ecosystem (MPE) 2020 in the category “Best Merchant Payments Initiative of the Year Award”. We will find out if we make it to the top of the podium on February 19 in the evening at 8 p.m. in Berlin.

https://www.merchantpaymentsecosystem.com/awards

But one thing is already certain for us. We are helping retail exactly where it is becoming increasingly confusing because, in modern retail across all channels, the payment methods are not diminishing. With ReconHub our customers have everything under control and not only the finance department is happy about the automated processes, but also the management and the controlling authorities have all open items at their disposal, provable and transparent.