Reconcile without efforts

Corefy's Reconciliations is a fully-equipped finance management tool for any online business, aimed at organising and unifying all the transaction data.

Corefy's statement

$1,000.00
? !!!
$320.50
? !!!
$2,200.00
? !!!
$580.80
? !!!
??? $249.99
? !!!

Providers' statement

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$1,000.00
? !!!
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$320.50
? !!!
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$2,200.00
? !!!
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$580.80
? !!!
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$249.99
? !!!

Status

Matching
? !!!
Matching Correct Status Amount Foreign Correction
Matching
? !!!
Matching Correct Status Amount Foreign Correction
Matching
? !!!
Matching Correct Status Amount Foreign Correction
Matching
? !!!
Matching Correct Status Amount Foreign Correction
Matching
? !!!
Matching Correct Status Amount Foreign Correction

Broad-spectrum reconciliations

Corefy supports instant automatic reconciliation for multiple accounts, methods, and currencies. Switch your focus towards handling exceptions instead of time-consuming manual reconciliation of each transaction.

Manual reconciliations

Use our manual reconciliation tools to achieve independence from any technical issues which may occur on the provider's side.

  • Manual reconciliations over API. You can ask your provider for a statement by clicking just one button on the Dashboard.

  • Manual statement import. Pull a statement directly from the provider and upload it to Corefy. It may be quite helpful in case of API or callback glitches.

  • Bulk statements import. Easily import multiple statements you've got from the provider to manually reconcile them all at once.

.XLS file

.FTP file

.CSV file

Apple Pay

SEPA

Bitcoin

Automated reconciliations

Automate the labour-intensive, error-prone reconciliations of transactions across multiple payment providers, accounts, and methods.

  • Automatically process transactions and push them to the finalisation.

  • Delayed auto-reconciliations allows you to detect and account chargebacks or refunds.

  • Corefy supports both callbacks and API responses handling.

Well-ordered statements

Monitor transactions from origination to settlement and carry out reconciliation in a time and cost-efficient way. We consolidate and normalise information from multiple sources in one place, making statements coherent and consistent.

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    Original data

    Gain access to initial financial data, including, but not limited to, IDs, status and resolutions at every stage of transaction processing.

  • Unified statements database

    We instantly translate the data from different providers into a single common language by automapping the basic properties.

  • 12:30

    15.03.2020

    11:47

    14.03.2020

    11:02

    14.03.2020

    Statements history

    Corefy securely stores every transaction statement, while ensuring its availability for your further reference.

  • !!!
    $27.50 lines
    $26.99 lines

    Collision detection

    Corefy detects and alerts you about any mismatches in statements, granting consistency and facilitating the reconciliation process.

Cover-all corrections

Corefy is a ready-made solution that eliminates the reconciliation headache and offers all the necessary tools to resolve edge cases.

  • Automatic corrections. We automatically update payment data according to the latest information provided by PSPs and banks.

  • Manual corrections. Use manual corrections for handling collisions and exceptions. You can update the transaction status manually when needed.

  • Collisions monitoring & alerting. Our system detects and promptly notifies you when transaction data from the provider and payment details inserted into Corefy do not match.

  • Route fee auto-correction. Based on reconciliations, we calculate fees for different transaction routes, helping you to optimise and save costs.

Corefy's statement

$1,000.00

Providers' statement

skrill coube
$1,000.00
$320.50
stripe coube
$320.50
$249.99
apple pay coube
$249.99

Reconcile in a snap

Corefy makes the reconciliation process quicker and simpler than ever before.

  • consistency

    Consistency

    All transaction data flows in and out of our system ensuring consistency between your sales and payment provider's statements.

  • transparency

    Transparency

    Benefit from improved visibility throughout the whole transaction lifecycle, as well as full control over payment and payout flows.

  • visibility

    Visibility

    Accessibility and visibility of accurate complete data reduce potential fraudulent transactions and help to reveal hidden activity.

  • automatic corrections

    Automatic corrections

    Corefy automates transaction matching across multiple PSPs and accounts, updating the data according to providers' statements.

  • collisions management

    Collisions management

    Identify and manage mismatches, errors and collisions between transaction data from the provider and payment details inserted into Corefy.

  • proofs in investigation

    Proofs in investigation

    Ensure that all your funds are correctly accounted for and solve possible issues with payment providers by accessing statement history and logs.

Accurate real-time balance

No matter how many merchant accounts across various PSPs you have, Corefy is a one-stop platform that keeps you updated on your balances.

Provider Name Balance
  • stripe rectangle

    Merchant account 1

    2,450.00 $
  • skrill rectangle

    Merchant account 2

    300.00 $
  • paypal rectangle

    Merchant account 3

    22,000.00 $
  • neteller rectangle

    Merchant account 4

    1,286.00 $
  • giropay rectangle

    Merchant account 5

    13,760.00 $
  • Auto-update. Corefy is constantly synchronising and updating balances across multiple providers, accounts and methods.

  • Manual update. You can always request a balance update manually to ensure you have the latest data available.

  • Balance history. Monitor and track how your balances change over time with a detailed balance and transactions history.

  • Balance-based routing. Benefit from risk diversification by distributing cash flows evenly across your merchant accounts.

Double-check with reverse reconciliations

Identify omissions and errors in your own records by comparing them with the entries and the closing balances in Corefy.

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