KriyoPay Reconcile
Bank Reconciliation
Compare imported bank statements with internal payment records and inspect the evidence before confirming a match.
A module within KriyoPay. One connected product for supplier finance and transport operations.
The workflow.
The context behind it.
Reconcile supports a controlled comparison between imported bank statements and internal payment records. Finance reviewers inspect saved evidence, review allocations and confirm a decision. It shares the invoice and payment context in KriyoPay without initiating a bank transfer.
Features, in detail.
Bank statement imports
Import statement files in CSV or XLSX format for review.
Saved matching evidence
Inspect the saved evidence supporting a proposed match before accepting it.
Payment allocations
Review how recorded payments relate to invoices and the supporting statement evidence.
Split-payment review
Review matches involving split internal payments against the relevant evidence.
Combined-payment review
Review groups of internal payments against the relevant bank evidence.
Strict matching conditions
Supported payment groups require a matching account, currency, reference and exact totals.
Human confirmation
A finance reviewer confirms reconciliation decisions. A proposed match alone does not complete the review.
How the work moves.
Import
Bring in the bank statement and relevant internal records.
Inspect
Review allocations, proposed matches and saved evidence.
Confirm
An authorized finance reviewer confirms the reconciliation decision.
Clear expectations.
Before the rollout.
What to keep in mind
Records and reconciles payment information. Does not initiate bank transfers.
What to bring to a discussion
Bring an anonymized statement sample, account and currency details, internal payment references and examples of split or combined payments.
Configuration, access roles, provider connections and acceptance criteria are agreed for your organization. Evaluate with anonymized examples first.
Questions about Reconcile.
Does Reconcile initiate payments?
No. It records and reconciles payment information. It does not initiate bank transfers.
Are suggested matches finalized automatically?
No. Bank reconciliation requires human confirmation by a finance reviewer. Supported groups also need matching account, currency, reference and exact totals.