Best Automated Payment Reconciliation Companies

Stripe provides services for businesses to manage online and in-person payments. The company offers products including payment processing Application Programming Interfaces (APIs), payment tools, and solutions for handling subscriptions, invoicing, and financial reports. Stripe serves sectors such as e-commerce, Software as a Service (SaaS), platforms, marketplaces, and the creator economy. Stripe was formerly known as DevPayments. It was founded in 2010 and is based in South San Francisco, California.

Tipalti is a global payables automation company that specializes in streamlining all phases of the accounts payable and payment management workflow. The company offers a cloud-based platform that simplifies the management of supplier payments, encompassing supplier onboarding, tax and regulatory compliance, invoice processing, and payments to suppliers worldwide in various methods and currencies. Tipalti's solutions are designed to reduce the workload for accounts payable departments and enhance financial and compliance controls. It was founded in 2010 and is based in Foster City, California.

Balance specializes in B2B payment technology within the fintech industry. The company offers a range of services, including digital trade credit, B2B payments, and accounts receivable management, all aimed at facilitating and managing business transactions digitally. Balance primarily serves the eCommerce industry, tech teams, and business leaders. It was founded in 2020 and is based in New York, New York.

ChargeBee provides revenue growth management (RGM) solutions for the subscription business sector. Its offerings include solutions for subscription management, recurring billing, revenue recognition, collections, and customer retention. ChargeBee serves sectors such as B2B SaaS, e-commerce, e-learning, e-publishing, and OTT and video. ChargeBee was formerly known as BubblePath. It was founded in 2011 and is based in Rockville, Maryland.

Checkout.com allows companies to accept payments around the world through one application program interface. It facilitates an integrated payment processing platform allowing the processing of payments in real-time, sending payouts, issuing, processing, and managing card payments. It also offers fraud prevention and secure authentication. The company was formerly known as Opus Payments. It was founded in 2012 and is based in London, United Kingdom.

FloQast specializes in accounting workflow automation and financial close management within the finance and accounting industry. The company offers a suite of products that streamline and automate financial processes, such as month-end close, account reconciliations, and compliance management, for accounting teams. FloQast's platform integrates AI and machine learning to ensure the efficiency and accuracy of financial operations. It was founded in 2013 and is based in Los Angeles, California.

Flywire (NASDAQ: FLYW) operates as a payments enablement and software company. The company offers a payments platform and proprietary payment network, along with vertical-specific software solutions, to handle complex payment challenges. Its services are primarily utilized by sectors such as education, healthcare, travel, and business-to-business (B2B) industries. The company was formerly known as peerTransfer. It was founded in 2011 and is based in Boston, Massachusetts.

GoCardless specializes in online payment processing solutions. The company offers services to facilitate direct bank payments, including instant one-off payments, automated recurring payments, and access to bank account data for businesses. GoCardless primarily serves businesses looking to streamline their payment collection and reconciliation processes. It was founded in 2011 and is based in London, United Kingdom.

HighRadius specializes in AI-enabled autonomous finance solutions for the office. The company provides a suite of products designed to automate and optimize order-to-cash, treasury, and record-to-report processes for businesses. Its solutions aim to reduce days sales outstanding (DSO), enhance working capital management, accelerate financial close, and improve overall productivity without the need for extensive technical knowledge. It was founded in 2006 and is based in Houston, Texas.

Modern Treasury specializes in payment operations and money movement solutions within the financial technology sector. The company offers APIs for real-time financial reconciliation, bank integrations, and AI-assisted money management. Modern Treasury's products are designed to serve finance teams, product teams, and engineering teams, enhancing payment processes and financial data management. It was founded in 2018 and is based in San Francisco, California.

Nanonets specializes in intelligent automation AI for business process optimization across various sectors. The company offers a range of services, including OCR technology for financial documents, workflow automation, and data extraction to streamline operations and enhance decision-making. Nanonets primarily serves sectors that require automation of complex business processes, such as finance, healthcare, and manufacturing. It was founded in 2017 and is based in San Francisco, California.

Puzzle operates as an accounting software company focused on providing financial management solutions for startups. The platform includes financial insights, bookkeeping services, and tax compliance designed for growing businesses. Puzzle serves the startup ecosystem with tools for financial planning, budgeting, and embedded accounting with partner integrations. It was founded in 2019 and is based in Wilmington, Delaware.

Ramp specializes in spend management solutions within the financial technology sector. The company offers a suite of products that include corporate cards, expense management, and accounts payable automation. Ramp's platform provides features such as automated procurement, vendor management, and working capital solutions, catering to a diverse range of customer needs from startups to large enterprises. It was founded in 2019 and is based in New York, New York.

REPAY is a payment technology and processing provider in the financial services sector. The company provides a payment platform that enables the collection of payments through channels such as credit and debit card processing, ACH processing, and electronic bill payment systems. REPAY serves sectors including personal lending, auto lending, mortgage servicing, B2B, receivables management, healthcare, and credit unions. It was founded in 2006 and is based in Atlanta, Georgia.

Simetrik is a financial technology company specializing in SaaS solutions for financial control and automation. The company offers a platform that facilitates the automation, reconciliation, and management of financial data for financial teams. Simetrik primarily serves sectors with high transaction volumes and a need for financial management, such as payment service providers, banks, financial institutions, and retail and e-commerce businesses. It was founded in 2017 and is based in Bogota, Colombia.