What is payment reconciliation?

Payment reconciliation is a bookkeeping process which cross-checks your external banking and internal records to ensure finances are correct. In layman’s terms, your bank statements are checked against your invoices to make sure everything lines up.

By integrating your bank account with Zervant, you can easily check incoming payments against outstanding invoices.

Payment reconciliation Zervant

 

Zervant and Mastercard

Bank integration with the help of Mastercard

Zervant has partnered with Mastercard in order to provide our customers with a secure and reliable service.

Make the most of payment reconciliation today with one of our Premium plans.

What are the benefits of payment reconciliation?

Payment reconciliation benefit - Automation

Automation
It’s faster to update the payment status of your invoices.

Payment reconciliation benefit - All-in-one

All-in-one
In one view you can see which invoices are paid and how much you’re still owed.

Payment reconciliation benefit - Accounting

Accounting
Reports are automatically updated and ready to be sent to your accountant.

 

Payment reconciliation process in Zervant

How does payment reconciliation work in Zervant?

1. Integrate your bank with your Zervant account – it’ll only take a few clicks and information is securely encrypted.

2. When a customer pays your invoice, you can see that transaction from within your Zervant account.

3. Our software compares the transaction information (usually a reference number) with your invoices to find a match. Voila! Your invoices can be marked as paid.

Free invoicing software

Zervant’s invoicing software offers you the ability to create invoices in 60 seconds and send them via email – for free! Store your customers and products, download reports for your accountant and speed up your invoicing with time tracking.

You can use it everywhere with our free mobile app.

Zervant's free invoicing software

Create free account