Freedom251 › Payment Reconciliation Software
SyncPay
What SyncPay is
SyncPay is an API-based reconciliation service for finance teams handling payouts, invoices, and ledgers. Its pipeline ingests, normalises, matches, resolves, and reports payment data from processor and bank APIs, scheduled CSV, SFTP, or email sources. Matching can split batched payouts into sales, fees, refunds, and adjustments, with configurable tolerances for rounding, foreign-exchange, and date differences. Confirmed edge cases can become proposed rules for future approval. Unmatched records enter an exception queue with context, and resolutions can be documented with one click. Resolved records can flow to an accounting tool or plain export, while matched data and rules can be exported at any time. Starter costs $149 a month and supports up to 5,000 transactions, two payment sources, and one entity. Growth costs $449 a month and supports up to 50,000 transactions, unlimited payment sources, and five entities. Scale pricing is custom. SyncPay supports multiple currencies and invoice reconciliation.
Who it suits
SyncPay suits finance teams that reconcile payment activity regularly and need automated matching and exception handling. The plans target organizations with different transaction volumes and entity counts.
What it does well
- Automatic payout and invoice reconciliation
- API, CSV, SFTP, and email ingestion
- Configurable matching tolerances
- Exception queue with documented resolutions
- Multi-currency support
What to know first
- No free plan
- Starter limits volume to 5,000 transactions
- Starter supports only two payment sources
- Scale pricing is custom
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| Starter | per month · up to 5,000 transactions · 2 payment sources · 1 entity, multi-currency · automatic matching & exceptions · CSV import and export · email support | $149 a month |
| Growth | per month · up to 50,000 transactions · unlimited payment sources · up to 5 entities · rule builder & tolerances · accounting-tool sync · priority support | $449 a month |
| Scale | Custom for higher volumes & special setups · unlimited entities · SFTP / custom ingestion pipelines · dedicated onboarding · custom retention & exports · named account contact | On request |
As syncpay.org lists them, read 5 Oct 2026. The maker's own page has the final word.
Verdict
SyncPay combines automated reconciliation, configurable matching, exception workflows, and accounting exports for finance operations. Its paid tiers differ by transaction volume, payment sources, entities, and support level.
Facts from SyncPay's own pages
- Access controls
- Workspace access is role-based and logged, with per-entity access control and an audit log of every view and change. · syncpay.org, 5 Oct 2026
- Data handling
- SyncPay says it does not request card numbers or bank credentials, logically separates customer data by workspace, and lets customers choose retention duration. · syncpay.org, 5 Oct 2026
- Data sources
- It connects to payment processors and banks through APIs and supports scheduled CSV, SFTP, and email ingestion. · syncpay.org, 5 Oct 2026
- Exceptions
- Unmatched records go to an exception queue with context, and resolutions can be documented with one click. · syncpay.org, 5 Oct 2026
- Exports
- Resolved records flow to an accounting tool or a plain export, and the pricing page says matched data and rules can be exported at any time. · syncpay.org, 5 Oct 2026
- Intended users
- The site describes SyncPay as built for finance teams that reconcile daily and says it was created to address month-end reconciliation work. · syncpay.org, 5 Oct 2026
- Matching
- The engine can split batched payouts into component sales, fees, refunds, and adjustments, and supports configurable tolerances for rounding, FX, and date differences. · syncpay.org, 5 Oct 2026
- Plan limits
- Starter supports up to 5,000 transactions and 2 payment sources; Growth supports up to 50,000 transactions and unlimited payment sources. · syncpay.org, 5 Oct 2026
- Purpose
- SyncPay reconciles payouts, invoices, and ledgers automatically for finance teams. · syncpay.org, 5 Oct 2026
- Rules
- After a user confirms an edge case, SyncPay proposes a rule that can be approved to handle it in the future. · syncpay.org, 5 Oct 2026
- Security
- The company says connections are read-only wherever supported, SyncPay cannot move money, and data is encrypted in transit with TLS 1.2+ and at rest with AES-256. · syncpay.org, 5 Oct 2026
- Security reviews
- The company says security reviews, questionnaires, and data-processing agreements are part of normal onboarding. · syncpay.org, 5 Oct 2026
- Support
- Starter includes email support, Growth includes priority support, and Scale includes a named account contact. · syncpay.org, 5 Oct 2026
- Workflow
- Its reconciliation pipeline ingests, normalises, matches, resolves, and reports payment data. · syncpay.org, 5 Oct 2026
Where SyncPay stands on Freedom251
- Payment Reconciliation Software#22 of 29