{"id":2019,"date":"2022-05-26T15:54:18","date_gmt":"2022-05-26T15:54:18","guid":{"rendered":"https:\/\/istreamfs.com\/?post_type=solution&p=2019"},"modified":"2022-10-12T10:44:25","modified_gmt":"2022-10-12T15:44:25","slug":"imatch-payment-reconciliation","status":"publish","type":"solution","link":"https:\/\/www.istreamfs.com\/solution\/imatch-payment-reconciliation\/","title":{"rendered":"Payment Reconciliation"},"content":{"rendered":"\n
\n
\n
\n
\n SOLUTION <\/div>\n \n

\n Payment Reconciliation <\/h1>\n\n
\n

iMatch\u2122 payment reconciliation is an extension of the iStream Remote Deposit Capture offering and facilitates the correlation of bank routing and account numbers (ABA\/DDA) to a customer, helping organizations streamline the payment posting processes. <\/p>\n <\/div>\n \n \n

\n\t\t\t\t\t\tDownload iMatch\u2122 Sales Sheet<\/a>\n <\/div>\n\t\t\t\t\n <\/div>\n
\n \"\" <\/div>\n <\/div>\n \n<\/div>\n\n\n

Once the initial match is complete, every time the organization scans a check for that specific customer, the account and customer data are linked together. <\/p>\n\n\n\n

The data can then be exported from the iStream platform and imported into third-party systems such as accounting, billing or other data management systems. Some of the additional benefits organizations derive from iMatch include:<\/p>\n\n\n\t\r\n\t

\r\n\r\n\t\t\r\n\r\n\r\n\t\t\t\t\t\t\t\t\t
\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
\r\n\t\t\t\t\t\t\t\t\t\t\t
\r\n\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t\t\t\t
\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t
\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t

Compatibility With Custom Fields <\/h2>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t

The system provides functionality to utilize additional data captured in custom field for file export to utilize with third-party systems, both commercially available and in-house developed solutions.<\/p>\n<\/div>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t

\r\n\t\t\t\t\t\t\t\t\t\t\t
\r\n\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t\t\t\t
\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t
\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t

Data Imports Functionality<\/h2>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t

In addition to the system capability provided for the export of data, the platform also allows for the importation of data. This becomes extremely helpful when organizations have current databases\/client listings that are to be leveraged in the processing and matching of payments.<\/p>\n<\/div>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t

\r\n\t\t\t\t\t\t\t\t\t\t\t
\r\n\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t\t\t\t
\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t
\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t

Multiple Payer<\/h2>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t

For situations where a single entity is submitting payments for multiple accounts, iMatch has this covered. When payments of this nature are recognized by the system, the user has the capability to select which account the payment should be applied to, reducing manual processes and saving valuable time.<\/p>\n<\/div>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t

\r\n\t\t\t\t\t\t\t\t\t\t\t
\r\n\r\n\t\t\t\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t\t\t\t
\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t
\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t

Robust Reporting<\/h2>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t

iMatch offers the capability to query and drill down into customer payment history data, including access to the payment image and any additional data associated to the item.<\/p>\n

This insight also enables organizations to proactively track customer behavior and payment patterns.<\/p>\n

If reproducing an image of an item become necessary, a simple online query is all it takes to locate and view checks, regardless of when they were originally processed in the system.<\/p>\n<\/div>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t

\r\n\t\t\t\t\t\t\t\t\t\t\t
\r\n\r\n\t\t\t\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t\t\t\t
\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t
\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t

Simplified Processing And Accelerated Reconciliation<\/h2>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t

A simple process of scanning, matching and exporting customer data turns payment processing and data matching into a quick, efficient and streamlined process.<\/p>\n

When it comes to reconciliation, iMatch reduces or eliminates redundant data entry and eliminates duplicate posting entries and errors by downloading deposit batch files already reconciled via the iStream platform directly into your existing accounting (or other third-party) system.<\/p>\n

The overall process is as simple as:<\/strong><\/p>\n

    \n
  1. \u00a0Scan and deposit checks through iStream Deposit<\/li>\n
  2. \u00a0Use iMatch to correlate any unmatched items (only new customer\/payment types will generate a prompt manual matching)<\/li>\n
  3. Export data for import into third-party system<\/li>\n<\/ol>\n<\/div>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\r\n\t\t\t\t
    \r\n\t\t\t
    <\/div>\r\n\t\t<\/div>\r\n\t<\/div>\r\n","protected":false},"excerpt":{"rendered":"

    iMatch\u2122 payment reconciliation is an extension of the iStream Remote Deposit Capture offering and facilitates the correlation of bank routing and account numbers (ABA\/DDA) to a customer, helping organizations streamline the payment posting processes. <\/p>\n","protected":false},"author":5,"featured_media":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"solution_tag":[],"solution_category":[],"class_list":["post-2019","solution","type-solution","status-publish","hentry"],"acf":[],"yoast_head":"Payment Reconciliation - iStream Financial Services<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.istreamfs.com\/solution\/imatch-payment-reconciliation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Payment Reconciliation - iStream Financial Services\" \/>\n<meta property=\"og:description\" content=\"iMatch\u2122 payment reconciliation is an extension of the iStream Remote Deposit Capture offering and facilitates the correlation of bank routing and account numbers (ABA\/DDA) to a customer, helping organizations streamline the payment posting processes.\" \/>\n<meta property=\"og:url\" content=\"http:\/\/www.istreamfs.com\/solution\/imatch-payment-reconciliation\/\" \/>\n<meta property=\"og:site_name\" content=\"iStream Financial Services\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/pages\/iStream-Financial-Services\/191268994227422\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-12T15:44:25+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@iStreamFinSvcs\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"http:\/\/www.istreamfs.com\/solution\/imatch-payment-reconciliation\/\",\"url\":\"http:\/\/www.istreamfs.com\/solution\/imatch-payment-reconciliation\/\",\"name\":\"Payment Reconciliation - iStream Financial Services\",\"isPartOf\":{\"@id\":\"https:\/\/www.istreamfs.com\/#website\"},\"datePublished\":\"2022-05-26T15:54:18+00:00\",\"dateModified\":\"2022-10-12T15:44:25+00:00\",\"breadcrumb\":{\"@id\":\"http:\/\/www.istreamfs.com\/solution\/imatch-payment-reconciliation\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/www.istreamfs.com\/solution\/imatch-payment-reconciliation\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\/\/www.istreamfs.com\/solution\/imatch-payment-reconciliation\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.istreamfs.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Payment Reconciliation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.istreamfs.com\/#website\",\"url\":\"https:\/\/www.istreamfs.com\/\",\"name\":\"iStream Financial Services\",\"description\":\"All Payments Platform - Sole Solution For Payments\",\"publisher\":{\"@id\":\"https:\/\/www.istreamfs.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.istreamfs.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.istreamfs.com\/#organization\",\"name\":\"iStream Financial Services\",\"url\":\"https:\/\/www.istreamfs.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.istreamfs.com\/#\/schema\/logo\/image\/\",\"url\":\"\",\"contentUrl\":\"\",\"caption\":\"iStream Financial Services\"},\"image\":{\"@id\":\"https:\/\/www.istreamfs.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/pages\/iStream-Financial-Services\/191268994227422\",\"https:\/\/x.com\/iStreamFinSvcs\",\"http:\/\/www.linkedin.com\/company\/istream-financial-services\"]}]}<\/script>","yoast_head_json":{"title":"Payment Reconciliation - iStream Financial Services","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/www.istreamfs.com\/solution\/imatch-payment-reconciliation\/","og_locale":"en_US","og_type":"article","og_title":"Payment Reconciliation - iStream Financial Services","og_description":"iMatch\u2122 payment reconciliation is an extension of the iStream Remote Deposit Capture offering and facilitates the correlation of bank routing and account numbers (ABA\/DDA) to a customer, helping organizations streamline the payment posting processes.","og_url":"http:\/\/www.istreamfs.com\/solution\/imatch-payment-reconciliation\/","og_site_name":"iStream Financial Services","article_publisher":"https:\/\/www.facebook.com\/pages\/iStream-Financial-Services\/191268994227422","article_modified_time":"2022-10-12T15:44:25+00:00","twitter_card":"summary_large_image","twitter_site":"@iStreamFinSvcs","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"http:\/\/www.istreamfs.com\/solution\/imatch-payment-reconciliation\/","url":"http:\/\/www.istreamfs.com\/solution\/imatch-payment-reconciliation\/","name":"Payment Reconciliation - iStream Financial Services","isPartOf":{"@id":"https:\/\/www.istreamfs.com\/#website"},"datePublished":"2022-05-26T15:54:18+00:00","dateModified":"2022-10-12T15:44:25+00:00","breadcrumb":{"@id":"http:\/\/www.istreamfs.com\/solution\/imatch-payment-reconciliation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["http:\/\/www.istreamfs.com\/solution\/imatch-payment-reconciliation\/"]}]},{"@type":"BreadcrumbList","@id":"http:\/\/www.istreamfs.com\/solution\/imatch-payment-reconciliation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.istreamfs.com\/"},{"@type":"ListItem","position":2,"name":"Payment Reconciliation"}]},{"@type":"WebSite","@id":"https:\/\/www.istreamfs.com\/#website","url":"https:\/\/www.istreamfs.com\/","name":"iStream Financial Services","description":"All Payments Platform - Sole Solution For Payments","publisher":{"@id":"https:\/\/www.istreamfs.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.istreamfs.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.istreamfs.com\/#organization","name":"iStream Financial Services","url":"https:\/\/www.istreamfs.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.istreamfs.com\/#\/schema\/logo\/image\/","url":"","contentUrl":"","caption":"iStream Financial Services"},"image":{"@id":"https:\/\/www.istreamfs.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/pages\/iStream-Financial-Services\/191268994227422","https:\/\/x.com\/iStreamFinSvcs","http:\/\/www.linkedin.com\/company\/istream-financial-services"]}]}},"_links":{"self":[{"href":"https:\/\/www.istreamfs.com\/wp-json\/wp\/v2\/solution\/2019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.istreamfs.com\/wp-json\/wp\/v2\/solution"}],"about":[{"href":"https:\/\/www.istreamfs.com\/wp-json\/wp\/v2\/types\/solution"}],"author":[{"embeddable":true,"href":"https:\/\/www.istreamfs.com\/wp-json\/wp\/v2\/users\/5"}],"version-history":[{"count":3,"href":"https:\/\/www.istreamfs.com\/wp-json\/wp\/v2\/solution\/2019\/revisions"}],"predecessor-version":[{"id":4968,"href":"https:\/\/www.istreamfs.com\/wp-json\/wp\/v2\/solution\/2019\/revisions\/4968"}],"wp:attachment":[{"href":"https:\/\/www.istreamfs.com\/wp-json\/wp\/v2\/media?parent=2019"}],"wp:term":[{"taxonomy":"solution_tag","embeddable":true,"href":"https:\/\/www.istreamfs.com\/wp-json\/wp\/v2\/solution_tag?post=2019"},{"taxonomy":"solution_category","embeddable":true,"href":"https:\/\/www.istreamfs.com\/wp-json\/wp\/v2\/solution_category?post=2019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}