Save time, reduce mismatches
Automate reconciliation across orders, payments, settlements, and accounting systems. Using AI-native matching, Payrails connects to PSPs and finance tools to cut closing time and reduce mismatches by up to 99%.
Take the pain away from reconciliation
Consolidate payment data, automate transaction reconciliation, and investigate discrepancies without relying on spreadsheets or siloed PSP data. Let your finance team have more time addressing real findings.
Unify and standardize data
Payrails unifies reconciliation data from multiple PSPs, financial systems through APIs, file uploads and data feeds. Settlement reports are collected automatically. Then, data gets transformed using a flexible interface, avoiding repetitive, time-consuming and error prone tasks.
Model real payment flows
Solve the complexity of real operations lifecycle, including retries, partial captures, refunds, chargebacks, deferred settlement, and multi-currency transactions.
Automate matching at scale
Orders, payments, and settlement records are matched using LLM-powered configurable rules. Reconciliation runs on recurring schedules, automatically pushing reconciled outputs to ERP systems and significantly reducing manual workload.
Built-in discrepancy detection
Payrails reconciliation agent identifies the mismatched values and surfaces them for review, using structured categories such as status differences, duplicate transactions, FX variances, or settlement timing issues.
Audit-ready collaboration
Investigate unreconciled transactions and update their statuses individually or in bulk. Add comments and context directly to transactions, ensuring full traceability within your team and making audits and reviews straightforward.
The operating system for profitable growth
Payrails helps businesses use payments as the foundation for more intelligent financial operations.
Turn payments into profits
Grow smarter with AI-native payment optimization. Get a walkthrough tailored to your business, markets, and stack.
Recommended reading
Got questions?
Payment reconciliation is the process of matching internal transaction records with external settlement data from payment providers and banks. It ensures that orders, payments, refunds, and settlements align across systems.
A reconciliation platform automatically compares transaction data across payment systems, settlement reports, and accounting records. It identifies matches and flags discrepancies that require investigation.
Reconciliation becomes difficult when companies use multiple PSPs, payment methods, and currencies. Settlement timing, retries, refunds, and inconsistent reporting formats often create mismatches between systems.
Yes. Payrails connects to multiple PSPs and financial systems and reconciles transactions across all providers in one place.
No. Payrails Reconciliation can connect directly to PSPs and financial systems as data sources, allowing teams to automate reconciliation across their existing payment stack.
Reconciliation systems detect issues such as duplicate transactions, missing settlements, currency conversion differences, and status mismatches between internal and external systems.
Automated reconciliation matches most transactions automatically and highlights only the exceptions. Finance teams spend less time preparing spreadsheets and more time investigating real issues.
Implementation depends on the number of payment providers and data sources. Most teams connect their PSPs and financial systems through APIs or file imports and begin automating reconciliation within weeks.