Centralize and Reconcile Your Payments
Build for organizations of all sizes, Kolleno stands as your comprehensive payment reconciliation solution.
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Reduce time spenton reconciliation by leveraging our payment matching algorithm and confirming suggested matches.
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Minimise errors
through our automated reconciliation and exception handling.
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Monitor your progress
through our live data import and progress tracking.
Reconcile across multiple payment methods
Payment options span from direct debit, credit cards, online payments, wire transfers, ACH and beyond.
Direct Debit
Utilize direct debit payments for subscription, and installment-based enterprises, facilitating swift and precise collection of recurring payments.
- Seamless Integration
- Precision Accuracy
- Rapid processing
- Customizable Solutions
Credit Card
Maximize the advantages of credit card payments with quick transfers and seamless delivery of seamless payment options to your customers.
- Instant transactions
- Enhanced Convenience
- Secure Delivery
- Global Accessibility
Bank & Wire transfers
Effortlessly integrate online payments into your business, empowering you to streamline operations, cut costs, and enhance financial efficiency.
- Cost-effective solution
- Seamless Online transactions
- Enhanced Security
- Larger transactions
Online Payments
Integrate the benefits of bank wire transfers, offering unparalleled speed, security, and global accessibility for your financial transactions.
- Global reach
- Secure Protocols
- Enhanced Security
- Smooth Transactions
Automate and optimize your reconciliation process
Live data import
Through our integrations we access your live bank and ERP data, and ensure that the information in the platform is always up-to-date.
Payment matching algorithm
Our payments matching algorithm detects suggested payment matches to ease your reconciliation process.
Automated reconciliation
Our payments matching engine detects a perfect match based on amount, invoice number, name, and date.
Multiple and partial matching
Confirm one-to-one, one-to-many, and partial payment matches.
Exception handling
Account for scenarios of over or underpayment resulting from forex, bank feed, interest, etc.
Progress tracking
Monitor your reconciliation progress and track the remaining transactions that require attention.
Kolleno PaySuite Success Stories
We turned to Kolleno’s accounts receivable management solution to streamline our invoicing and payment processes. We loved how the customer payment portal enabled our clients to conveniently access their invoices and make payments smoothly.
With Kolleno, we save 12 hours weekly by streamlining the monotonous manual tasks in our daily operations. This has allowed us to devote more time to more analytical tasks instead which only further improves the efficiency of our processes
Can you manage multiple currencies through Kolleno?
Yes. We recognise 150+ currencies, thus if your business issues invoices in multiple currencies we will recognize the transactions and account for them using the exchange rate on the day of the transaction. Your company dashboard will be displayed in the currency of the country where your business is established, although your company reports can be segregated by currency and region.
How do you ensure there are no errors?
Our algorithm makes suggestions for potential and perfect matches, displaying a percentage score of how likely the transactions are a match based on the amount, invoice number, name, and date. You can then proceed to accept the reconciliation match, thus verifying the match.
Can I make changes once reconciled?
Yes, you can view and adjust or undo all your previous reconciled transactions when necessary.
Which ERP systems do you integrate with?
We have one-click integrations built with Xero, Clio, Quickbooks, Sage, SAP, Netsuite and many others. We also have an open API enabling us to integrate with any cloud-based system.
How often does Kolleno sync with my accounting system?
Once integrated, we have access to the live data from your cloud-based systems. This ensures that all of the information in our system is up to date, and thus triggers for automated communications are precise.
