What is the Invoice Reconciler?

What is the Invoice Reconciler, and what does it do?

The Invoice Reconciler helps brokers easily manage whether or not they've been paid on invoices.  It currently works with 11 exchanges and performs the following tasks:

• Captures the payment data from exchanges
• Creates a list of invoices that you have not been paid on, but should have (see Watchlist)
• Provides an easy to use interface to view all the payment data in one place 
• Highlights any pending transactions, which include adjustments or payments not associated with an invoice number in the point-of-sale 
• Offers a tool to push adjustments or payments "not found" into your point-of-sale
• Updates your point-of-sale for all payment activity
• Proactively communicates quickly through a daily update

Step 1: Reveal's Invoice Reconciler reviews exchanges to see if a new remittance has been posted.

Step 2:  Reveal's Invoice Reconciler posts new remittance data into your portal.

• New payments, including adjustments, can be viewed and processed on the Remittance page.

• Past due invoices are listed on the Watchlist page.

Step 3:  Reveal's Invoice Reconciler updates your point-of-sale.  The Invoice Reconciler from Reveal currently works with multiple Point-of-Sale systems, and we are actively working on integration with many others.