Establish expectations
Configure expected settlement information using provider agreements and calendars.
Settlement
Close the loop on every flow.
Compare expected and actual settlement across partners, processors, banks and cards. Follow outstanding amounts, calendars and differences.
In short
Settlement tracking asks a different question from reconciliation: not whether a payment matched, but whether the money arrived. Flowmynt compares expected against actual across partners, processors, banks and card programs. Outstanding amounts follow each settlement calendar, and differences surface as exceptions.
What you can configure
- Expected versus actual settlement
- Partner, processor, bank and card records
- Calendars and outstanding settlement
- Differences, exceptions and reporting
How it works
Compare actual records
Bring in partner and bank records to compare against expectations.
Resolve differences
Track outstanding items and hand exceptions to the right operating team.
Clear responsibilities. Connected operations.
Flowmynt software
Expected/actual comparisons, calendars, exception visibility and reporting.
Supported providers
The actual settlement of funds, settlement timing and source financial records.
Integration requirements
Agree your target markets, provider relationships, authentication, data requirements and operating responsibilities before connecting.
Common questions
How is settlement different from reconciliation?
Reconciliation matches individual transaction records. Settlement tracks the money movements between you and each partner: what is due, when it is due under the settlement calendar, what actually arrived and what remains outstanding across the relationship.
Why do settlement differences happen?
Fees, FX timing, cut-off windows, returns, refunds and partial batches all create gaps between expected and actual settlement. Tracking them against a calendar shows whether a difference is a timing effect or a genuine break that needs investigating.
Build the money movement platform your business actually needs.
Start with what you need today. Add more as your markets, products and operations grow.