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Enter payment automation - a solution that has gained popularity in recent times due to the pandemic and the new competitive landscape. By automating the payment process, businesses and individuals can save time and minimize the risk of errors. What is Payment Automation? How does payment automation work?
Each balance should match its corresponding entry in the general ledger for any source. It helps detect and correct errors, ensuring reliable financial statements and compliance with regulations. Heavily manual: Excel still does not have any workflow automation capabilities, audit trails, or a database to rely on.
Stripe Reconciliation refers to the use of Stripe for the systematic process of matching and verifying transactions processed through the Stripe payment gateway with corresponding entries in your accounting records. Automated Reconciliation : Once data is imported, reconciliation starts automatically.
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