FOCUS ON RECONCILING FINANCES,
NOT DATA DISCREPANCIES
AUTOMATED END-TO-END FINANCIAL RECONCILIATION
THE CLARITY YOU NEED FOR FASTER, ACCURATE AND TRACEABLE FINANCIAL RECONCILIATION
Financial reconciliation can be an arduous, overly manual, process for many retail finance teams. Reporting limitations, gaps and inconsistencies in data, plus different data structures, formats, and processes, across multiple systems (transactional, payment and retail operating systems) often leads to an inordinate amount of time spent extracting and manipulating data, and trying to make sense of it. Time that is better spent on resolving financial discrepancies and doing more value-adding activities.
Datitude's automated solution for end-to-end financial reconciliation provides retail finance teams the clarity they need for faster, accurate and traceable financial reconciliation with:
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visibility of all transactions and payments in one place
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bespoke, automated reports reconciling transactions to payments
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an interactive Excel dashboard comparing order counts and values from each system, with store code and trading week filters
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exception reporting showing unmatched transactions, including visibility of discrepancies at order-level.
Why waste time on irreconcilable differences when you can eliminate them for good at the touch a button with Datitude.
AUTOMATED REPORTS & INTERACTIVE DASHBOARD
FULL VISIBILITY OF TRANSACTIONS AND PAYMENTS IN ONE PLACE
UNIFIED DATA
Source data from all relevant systems
(eg. store POS, ecommerce, ERP, voucher payment systems, payment gateways and platforms) is integrated, processed, and unified in Datitude's data platform giving you full visibility of all transactions and payments in one place.
AUTOMATED REPORTING
Bespoke, automated reports compare individual transactions and payments across each system and show unmatched transactions, enabling discrepancies to be addressed promptly. Share reports, drill down to order-level data, and extract data, slicing and dicing as needed.
INTERACTIVE DASHBOARD
Access a summary of order counts and values from each system in the interactive Excel dashboard. Filter by store and trading week. There's no need to worry about out-of-date data with data refreshing automatically when the dashboard is opened as the data is created from the reports in the App.
Quickly and easily access your financial reconciliation data using Datitude's Application (a proprietary, front-end user interface) and the Data by Datitude Excel Add-in.
TRANSFORMING RETAIL FINANCIAL RECONCILIATION
ELIMINATE IRRECONCILABLE DIFFERENCES FOR GOOD
Thousands of transactions across multiple channels and locations, each with a multitude of different payment methods, systems, and gateways need to be reconciled to verify accuracy, identify discrepancies, reduce risk, and maintain financial integrity. With so many transaction variables across multiple channels and systems, each adding to the number of transactions, discrepancies can quickly add up. And without access to order-level, retail finance teams have no way to establish the truth.
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Even with the best payment gateways and fintech platforms in your tech stack, financial reconciliation will always be cumbersome, and irreconcilable differences may never be eliminated, if your data is not seamlessly integrated and unified. Datitude has it figured for you as this solution transforms end-to-end retail financial reconciliation.​
Full visibility of transactions and payments at order-level in one place
Minimise revenue leakage and customer complaints
Faster, accurate and traceable financial reconciliation
Focus on resolving financial, not data, discrepanices
Future-proofed and easily scalable to accommodate increased volumes, new systems, and payment types.
If you're struggling with reconciling retail transaction and payment data and want to save time and money with an innovative, automated reporting solution, get in touch.
"Working with Datitude on automating our financial reconciliation process has been collaborative and seamless, as always.
The time, effort, and resource saved in implementing this project means our team can now focus on making improvements and supporting the wider business, rather than manipulating spreadsheets.
It's proven to be transformational!"
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Commercial Director
