Financial Reconciliation and Settlement Automation

 Financial Reconciliation and Settlements

AI-Powered Financial Reconciliation and Settlements for Complete Control and Compliance

Automate bank, payment gateway, and ledger reconciliations with a cloud-native platform that ensures financial accuracy, transparency, and faster close cycles across your enterprise.

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Trusted by 1500+ organizations serving 16+ countries worldwide

What's Slowing Down Your Financial Reconciliation?

Unified Intelligence

Manual Overload

Manual reconciliation across multiple bank accounts, payment gateways, and ERPs.

AI-Driven Automated Reconciliation Engine

Settlement Inconsistency

Inconsistent formats and delayed settlements leading to missing or duplicate entries.

Smart Exception Handling

Excel Dependency

Heavy dependency on Excel-based processes and manual matching.

Real-time Monitoring

Visibility Gaps

Lack of audit-ready visibility into financial data across channels and entities.

Key Features of Taxilla's Financial Reconciliation and Settlements Solution

Unified Data Integration

Consolidate data from bank statements, MIS files, collection ledgers, and general ledgers into one auditable source of truth.

Multi-Layer Reconciliation Automation

Automate reconciliation across banks, payment gateways, wallets, and ERP ledgers through rule-based, multi-stage matching.

Real-Time Exception Detection

Identify delayed settlements, duplicate entries, and mismatches instantly with automated workflows for resolution.

Audit-Ready Transparency

Maintain traceable logs for every transaction, enabling full compliance with audit, tax, and regulatory mandates.

Supports Multi-Entity and Multi-Currency Operations

Seamlessly manage reconciliations across multiple entities, currencies, and geographies.
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From Automation to Measurable Business ROI

Upto 90%

reduction in manual effort through intelligent automation.

3x

Faster close cycles - from weeks to days, ensuring on-time reporting.

1-3%

revenue leakage prevention by validating every settlement and partner charge.

$2.5M-$23M

annual savings for mid-sized enterprises through accuracy and process efficiency.

100%

transparency and compliance across financial transactions.

How Taxilla's Financial Reconciliation Works

Stage 01

Bank vs Payment Channels

Consolidates settlement data from multiple gateways (ACH, RTP, cards, wallets, etc.) and matches them with bank credits to detect missing or delayed postings.

Stage 02

Bank MIS vs
Collection Book

Aligns standardized bank MIS data with collection ledgers to identify uncredited collections, duplicates, and timing differences.

Stage 03

Collection Book vs
General Ledger

Reconciles operational receipts with ERP accounting entries to ensure every transaction is properly recognized.

Stage 04

Consolidated Bank MIS
vs General Ledger

Performs final end-to-end verification between reconciled MIS data and GL to ensure accuracy, readiness for close, and financial integrity.

Stage 05

Outcome

A unified, transparent view of all inflows and outflows across channels, banks, and ledgers-ready for audit, compliance, and confident financial decision-making.

Join 1,500+ organizations across 25+ countries using Taxilla to process millions of financial transactions every year.

Seamless Integration with Your Financial Ecosystem

Taxilla's Financial Reconciliation and Settlements solution connects effortlessly with multiple systems such as SAP, Oracle, NetSuite, Tally, Shopify, Magento, Zoho, PayPal, Razorpay, Stripe, PhonePe, Amazon, Flipkart, Walmart, and major banks.


Our open API framework and pre-built connectors enable rapid deployment and minimal disruption to your existing infrastructure.

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Ready to Transform Your Financial Reconciliation Process?

Frequently Asked Questions
What is Financial Reconciliation and Settlement?
It is the process of validating and matching transactions between banks, payment gateways, ledgers, and financial systems to ensure every inflow and outflow is accurately recorded and settled.
Why is Financial Reconciliation important?
It ensures accounting accuracy, prevents revenue leakage, supports audit readiness, and accelerates financial close cycles.
How does Taxilla automate reconciliation?
Taxilla uses AI and rule-based logic to automate transaction matching, exception detection, and reporting across multiple systems-eliminating manual spreadsheets and delays.
Does it support multi-bank or multi-entity setups?
Yes. The platform supports complex reconciliation structures across banks, payment gateways, currencies, and legal entities.
Can it integrate with our ERP and payment systems?
Absolutely. Taxilla's open API framework connects with leading ERPs and banking APIs for real-time, automated data exchange.
What kind of audit and compliance support does it provide?
Every transaction is traceable, logged, and auditable, ensuring compliance with internal, statutory, and external audit requirements.