reconciliation use case
Comprehensive solutions for
payments reconciliation
Message format headaches gone
Banks and firms are adapting to to multitude of payment methods, including traditional bank transfers, credit cards, digital wallets, and emerging cryptocurrencies, each with their own data formats and processing timelines.
Gresham's Control Cloud solution seamlessly integrates with existing systems, automating data collection, normalization, and matching across multiple platforms and message formats.
Simplify the process
Financial institutions implementing Gresham's Control Cloud reconciliation solutions experience a dramatic transformation in their operational efficiency and risk management.
The automated reconciliation cycle significantly reduces manual effort, minimizes errors, and accelerates the entire process, allowing firms to handle increasing transaction volumes with ease.
Reconciliation, made simple
our solutions
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Build inhouse reconciliation
Gresham’s Control is easy for our business users to adopt and use. The application’s controls around signoffs, designating reconciliations to different staff, and data collection have made our process more efficient and seamless, and our team more self-sufficient.
Our recent success and go-live with Gresham’s Control Cloud and the prompt yet comprehensive Proof-of-Concept (PoC) meant the decision to expand our use to include Connect Cloud was easy.
Why should any payments firm build this in-house when there is a specialist like Gresham that focuses on it exclusively? Connect Cloud really takes the pain out of message formatting and simplifies the message transformation space.
The solution allows us to focus on more strategic work. We are now able to manage the exceptions rather than all the manual heavy lifting we were having to do before the switch. It meant that we were able to manage a broader estate of recs ourselves without involving IT and tech experts from the previous vendor.
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