Reconciliation is the base stone of any Financial Institution and more so when you provide Payment Solutions as a service. We take reconciling financial & non-financial data as our utmost priority and ensure a clean and structured report to all our clients at the end of each payment cycle. As a process, reconciliation not only helps us to keep our clients apprised regarding the status of the financial & non-financial data but also helps us to keep our books clean for the statutory requirements.
We conduct bank reconciliation & statutory reconciliations (GST, TDS, etc.) on an ongoing basis. As a process, we open separate bank accounts for each of our clients to ensure transparency in the funds available to us. All our transactions are processed from the same account for the client and a reconciliation between our books of accounts & bank statement is prepared each day to match the available funds. Statutory Reconciliations are prepared on a periodical basis as per the regulations set up by the statutory bodies.
We process numerous transactions for our clients and hence maintaining a clean database of all such data against the KYC repository becomes a mandatory process for us. We conduct periodical reconciliation for all our data ensuring the client has access to all relevant information for the complete period of engagement with us.
We conduct bank reconciliation & statutory reconciliations (GST, TDS, etc.) on an ongoing basis. As a process, we open separate bank accounts for each of our clients to ensure transparency in the funds available to us. All our transactions are processed from the same account for the client and a reconciliation between our books of accounts & bank statement is prepared each day to match the available funds. Statutory Reconciliations are prepared on a periodical basis as per the regulations set up by the statutory bodies.
We process numerous transactions for our clients and hence maintaining a clean database of all such data against the KYC repository becomes a mandatory process for us. We conduct periodical reconciliation for all our data ensuring the client has access to all relevant information for the complete period of engagement with us.
Clients
Million Transactions
Crore of Payments
