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Impact
From 8 – 10 hours to less than 15 minutes for 40+ banks
Impact
1 man year to few minutes
Impact
1 week to 30 minutes monthly
Impact
Payment Gateway calculations now are 100% accurate, saving them of the money they were losing due to miscalculations
• Millions of transaction are reconciled within few minutes
• Helps detect duplicate invoices
• Discrepancy data is sent to R&T Agent
• Payment gateway transfers the balance amount to the merchant along with a Merchant Settlement Report which contains all relevant transaction data.
• Reconciliation between transaction data and bank statement
• Millions of transaction are reconciled within few minutes
Impact
From 8 – 10 hours to less than 15 minutes for 40+ banks
• Reconciliation between Purchase order and invoices raised by the vendors.
• Helps detect duplicate invoices
Impact
1 man year to few minutes
• Reconciliation between trail brokerage and brokerage estimated by RT agents.
• RT agents like Karvy, CAMS, Franklin Templeton, etc raise the discrepancy
Impact
1 week to 30 minutes monthly
• Payout Calculation for the merchants.
• Payment gateway transfers the balance amount to the merchant along with a Merchant Settlement Report which contains all relevant transaction data.
Impact
Payment Gateway calculations now are 100% accurate, saving them of the money they were losing due to miscalculations
12 man hours → 30 mins per day
120 man days annual savings
8 man hours → 3 minutes a day
