Greater clarity across
transaction and settlement activity

Automated reconciliation uses advanced software to verify and match your internal transaction logs with external settlement files from banks, card brands, and payment providers. By replacing manual spreadsheet tracking, it reduces errors, detects discrepancies instantly, and speeds up your financial closing processes.

Our engine uses intelligent transaction matching algorithms to pair internal sales records with external processor statements and bank settlement deposits. It matches transactions using reference IDs, timestamps, amounts, and currency configurations, maintaining a 99.8% automated matching rate.

When the engine finds a mismatch (such as a fee variance, missing payment, or currency discrepancy), it automatically flags the transaction, triggers an alert, and groups it under a dedicated exceptions management queue in your dashboard for rapid resolution.

Yes. Luup supports multi-currency settlements and helps you reconcile transactions across card brands and regional payment methods in their native currencies, automatically adjusting for exchange rates and conversion fees to avoid discrepancy flags.

We synchronize processing dates with actual payout cycles across multiple acquirers. This handles complex scenarios like rolling reserves, split payouts, and weekend bank holidays, ensuring your ledger matches the actual funds cleared in your accounts.

Absolutely. One of the core benefits of Luup is unified reporting. We ingest and normalize raw statement data from all connected payment gateways, acquirers, and local payment methods into a single, standardized dashboard view.

You can export reports in various standard formats including CSV, XLSX, and PDF. We also support automated data feeds (via SFTP or REST APIs) that can direct transaction and settlement logs directly into ERP systems like NetSuite, QuickBooks, or Xero.

The engine cross-references actual interchange, card scheme, and gateway fees charged by processors against your contracted pricing tier. Any fee variances, hidden costs, or overcharges are immediately flagged for audit.

Yes. Our reporting is built to support robust financial audit trails. Every modification, automated match, and manual override is logged with a complete history, ensuring full compliance with internal controls, SOC 1/SOC 2, and external auditor requirements.

Transaction data is updated in real time as payments occur. Settlement reports and bank clearing status updates are ingested automatically as soon as the respective acquiring banks or payment networks issue their daily payout files.