Introduction
Reconciling Stripe payouts with actual bank settlements is one of the most painful parts of fintech operations. The delays, fees, and fragmented references make it difficult for finance teams to close the books accurately.
This guide is for finance ops teams working at fintechs or platforms that rely on Stripe for payments and want to automate their reconciliation process.
The Problem
Manually reconciling Stripe payouts with bank statements often involves downloading CSVs, matching IDs, accounting for FX fees, and hunting down failed transactions. This process is prone to human error and typically eats up hours every month.
The NAYA Solution
NAYA's AI-powered reconciliation engine matches transactions between Stripe and bank feeds in real time. It understands payout IDs, bank deposit references, FX rates, and fee structures. This ensures your Operational Ledger reflects accurate cash positions. Accurate reconciliation supports compliance and audit requirements.
Key features:
- Automated matching with over 99% accuracy
- Handles partials, FX fees, and multi-currency
- Works with Stripe, PayPal, Tabby, and more