STAGE A
Internal↔PSP
Was the PSP settlement correct?
Validate eligible transactions, refunds, fees, FX adjustments, and expected net settlement.
- Exact and composite matching
- Batch and net settlement support
- Fee and FX difference detection
EN
Payment reconciliation, made explainable
Trace every settlement.
Resolve every difference.
Traqvera Reconcile connects internal transactions, PSP settlements, and bank receipts—then verifies what arrived, when it became available, and why any amount or timing difference occurred.
Built for finance and payment operations teams.
YESTERDAY · SGD PAYINReconciliation needs review
AttentionGross settlement$10,000,000Explained deductions-$185,000Expected net$9,815,000Bank received$9,810,000
Transactions$10.0M grossPSP-$185K feesBank$5K unexplained residual
UNEXPLAINED RESIDUAL$5,000
CONFIRMED LEAKAGE$3,500
FIRST FINDING42m
Illustrative product data
Trace. Verify. Resolve.
A clearer financial truth
What is payment reconciliation?
Payment reconciliation is the process of comparing internal transaction records, PSP settlement reports, and bank entries to prove that the expected amount was settled and became available within the expected time window.
Traqvera turns that process into an operational workflow: it traces the complete money movement, verifies amount and timing at each handoff, investigates exceptions, and preserves the evidence behind every resolution.
01 · TRACEFinancial relationshipTransaction → PSP settlement → bank receipt
02 · VERIFYFive independent checksAmount · Time · Fee · FX · Status
03 · EXPLAINEvidence-backed causeRule version · calculation · source record
04 · RESOLVEHuman-controlled outcomeDecision · actor · timestamp · audit trail
Traqvera Reconcile
One money trail.
Two precise checks.
We do not compare gross transaction value directly with a bank deposit and call the gap an exception. Traqvera separates what the PSP should settle from what and when the bank should receive.
STAGE B
PSP↔Bank
Did the money reach the bank—on time?
Compare the expected amount and settlement window with the actual bank receipt, keeping amount and timing status separate.
- One-to-many bank matching
- Expected-window and delay detection
- Settlement exposure by currency and duration
The reconciliation workflow
From raw records to signed-off truth.
Six deliberate steps. Every transition visible. Every decision attributable.
Connect
Bring together internal transactions, PSP settlement reports, and bank statements.
→Normalize
Map every source into one financial model and stop bad data before it becomes a false exception.
→Match
Run deterministic matching across transaction-to-settlement and settlement-to-bank stages.
→Investigate
Collect evidence and use AI to explain the most likely cause of each meaningful difference.
→Resolve
Approve, correct, reject, or escalate with a structured decision and complete audit trail.
→Close
Sign off a balanced reconciliation and create an immutable report snapshot.
→AI, with financial boundaries
Evidence first.
Recommendation second.
Deterministic rules match records and calculate amount, expected timing, and exposure. AI works where judgment helps: organizing evidence, explaining likely root causes, and recommending the next action.
01
Calculations stay deterministic. The model never becomes the financial source of truth.
02
Every claim cites evidence. Records, rules, calculations, and source health remain visible.
03
People own the outcome. Approve, reject, correct, or escalate before sign-off.
CASE-1088Bank amount mismatch
ReviewExpected bank receiptSGD 9,750.00
Actual bank receiptSGD 9,725.00
Unexplained residualSGD 25.00
AI INVESTIGATION
Additional bank fee confirmed
Contracted PSP fees and other legitimate deductions were verified first. The remaining SGD 25.00 residual is supported by the bank entry and fee evidence.
Evidence 3 verified itemsConfidence 98.7%
RejectEscalateApprove recommendation
Value proof
Find what settlement costs in money, time, and risk.
Find settlement leakage.
Surface confirmed fee, FX, bank-fee, and short-settlement differences instead of treating every unknown as loss.
Recoverable leakage$91K
Find where settlement slows down.
Attribute delay across PSPs, banks, rails, and settlement legs—while separating money movement from evidence movement.
Control latency22m
Find exposure before it grows.
Separate evidence-pending value from confirmed exposure, so missing evidence is never reported as missing money.
Delayed exposure$8.2M
Verified settlement$284.2M
Illustrative product data · Every result is classified as verified, unverified, or confirmed exposure.
Payment reconciliation resources
Understand every handoff in the money trail.
Practical guides for separating PSP settlement correctness from final bank receipt—and proving every conclusion with evidence.
Explore all resources →Payment reconciliation guide
PSP settlement reconciliation: from transaction gross to expected net
A practical guide to reconciling internal payment transactions with PSP settlement reports, including fees, FX, batches, exceptions, and evidence.
Read guide →Settlement control guideBank receipt reconciliation: prove the money arrived correctly and on time
How to reconcile PSP settlements to bank receipts while keeping amount status, timing status, source health, delay, and exposure separate.
Read guide →Commercial assessment guideSettlement Leakage Audit: find where payment operations lose money and time
What a Settlement Leakage Audit examines, the data it requires, the controls it applies, and the evidence-based outputs it should deliver in 7–14 days.
Read guide →Financial control guideSettlement waterfall: explain gross-to-net before calling a difference leakage
How a settlement waterfall separates legitimate deductions, expected net, actual bank receipt, unexplained residual, and confirmed leakage.
Read guide →Questions, answered clearly
Payment reconciliation without the black box.
What finance, payment operations, and audit teams should know before trusting an automated reconciliation workflow.
Is every settlement difference financial leakage?
No. Traqvera first explains legitimate components such as refunds, chargebacks, PSP fees, FX costs, bank fees, tax, reserves, and adjustments. The amount left after expected net is compared with the bank receipt is an unexplained residual. It becomes confirmed leakage only when evidence supports that conclusion.
Does a matched amount mean settlement was on time?
No. Amount and timing are evaluated separately. A settlement can match in full and still be late against its expected settlement window, creating time-based exposure even when the amount difference is zero.
What is payment reconciliation?
Payment reconciliation compares internal transaction records, payment service provider settlement reports, and bank statement entries to verify that expected funds were settled and received—and to explain any difference.
What does Traqvera Reconcile compare?
It first compares internal transactions with PSP settlements, then compares expected PSP payouts with actual bank receipts. Keeping those stages separate shows exactly where a difference occurred.
Does AI decide whether money reconciles?
No. Deterministic rules own matching, calculations, and financial state changes. AI organizes evidence, explains likely root causes, and recommends a resolution for human review.
Can we start with CSV files?
Yes. The initial product is designed for internal transaction, PSP settlement, and bank statement CSV files. Field mapping and data-quality checks happen before a reconciliation run starts.
Does Traqvera replace our ledger or accounting system?
No. Traqvera Reconcile is an operational control layer. It verifies movement between transaction, settlement, and bank records without pretending to be the accounting system of record.
Does Traqvera move money or operate treasury accounts?
No. Traqvera observes, verifies, investigates, and documents settlement outcomes. It does not execute payments, move liquidity, trade FX, draw credit, or operate custody or treasury accounts.
Settlement Leakage Audit
Bring yesterday's data.
Find today's difference.
Start with a free 30–45 minute fit assessment. If the flow is suitable, a scoped 7–14 day audit uses your internal transactions, PSP settlements, and bank statements to quantify leakage, delay, exposure, and manual workload before implementation.
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