Serrala PSP Reconciliation is a cloud-based service for finance and accounts receivable teams that retrieve and reconcile payment service provider settlements. It connects to settlement and EPA files from payment processors and acquirers, retrieving settlement information through files or an API for import into an ERP system. The service harmonizes and converts settlement data into a structured XML meta format, CAMT.54, then reconciles transaction data and allocates charges and fees to general ledger accounts. Rules automate matching, while the resulting structured information can be passed to cash application systems to reconcile sales, orders, or outstanding balances and view KPIs. Serrala says organizations can add payment service providers to sales channels without increasing back-office workload. A manufacturer case study describes PSP reconciliation with FS² AutoBank in an SAP environment and calls the solution SAP-certified. That manufacturer reported 100% automation of PSP clearing transactions and straight-through processing that removed manual file transfers. Its SAP visibility helped monitor imports and prevent duplicate entries, while workflows helped identify errors early. Serrala describes the service as adjustable and scalable to business needs. Assist and Ascend support plans offer different combinations of expert access, consulting, configuration help, training, planning, health checks, and technical support.
Who it is for
It suits finance and accounts receivable teams that need to retrieve PSP settlement data, reconcile transactions, and allocate fees to general ledger accounts. Organizations using multiple payment providers may also find the automated file handling useful.
What is good
- Connects to settlement and EPA files from any processor or acquirer.
- Retrieves settlement information through files or API.
- Converts settlement data into structured CAMT.54 XML.
- Rules automate matching and fee allocation to general ledger accounts.
- Structured data supports cash application and KPI viewing.
- A manufacturer reported 100% automated PSP clearing transactions.
What to know first
- Pricing is available on request.
- Web and API are the listed platforms.
Verdict
Choose Serrala PSP Reconciliation if your finance team needs automated settlement retrieval, transaction reconciliation, and charge allocation across payment providers. Look elsewhere if you need published pricing or a listed platform beyond web and API.
Get started with Serrala PSP Reconciliation
- Visit Serrala’s PSP Reconciliation product page.
- Contact Serrala for pricing and product information.
- Choose file or API retrieval for settlement information.
- Connect settlement and EPA files from payment processors or acquirers.
- Import settlement information into an ERP system.
Questions about Serrala PSP Reconciliation
How much does Serrala PSP Reconciliation cost?
Serrala provides pricing on request; the product page directs visitors to contact the company.
Which platforms does it support?
The listed platforms are web and API.
How does the service retrieve settlement information?
It can retrieve PSP settlement information through files or an API and import it into an ERP system.
What data format does it produce?
It converts settlement data into a standardized structured XML meta format, CAMT.54.
Does Serrala offer support plans?
Assist includes direct solution expert access, consulting time, and help with configuration, upgrades, and technical or use-case issues. Ascend includes training pathways, planning sessions, health checks, and enhanced technical support response time.
What result has a customer reported?
A global manufacturer reported 100% automation of PSP clearing transactions and straight-through processing that removed manual file transfers.
Compared on account reconciliation software
- Matching automation
- rules
