Speed Up Your Financial Close with Instant Payment Reconciliation
Consolidate Entities, Geographies, Accounts, and Payment Methods in One Report
No more stitching together countless spreadsheets from different bank statements and invoice details to reconcile payments. Falconloop makes the process easier than ever by combining payment methods, currencies, subsidiaries, and regions in a single file that’s available 24×7 as payments are processed. Instant reconciliation ensures a fast accurate financial close cycle, improves cash flow visibility and working capital management, and reduces potential fraudulent payouts.
Drill into Insightful Reports
Falconloop provides detailed payment, payee, invoice, and tax reports, from blocked payees to transaction history, invoice details.Payers can filter by a particular time range, entity, or month and drill by account to get insights when needed most.