Solution
Get from sale to available funds faster.
How and when your money reaches your account matters. We look at settlement speed, payout visibility, reconciliation and the banking setup behind your payments.
The flow
From transaction to usable funds
Most businesses can describe the first step and the last one. The middle is where the delay and the admin live.
- Customer pays
- Payment processed
- Settlement
- Business account
- Reconciliation
- Accounting
The problem
Where this usually goes wrong.
Taking a payment is only the beginning. Businesses can wait days for card takings to arrive, receive multiple payouts that are difficult to identify, and move between payment dashboards, bank accounts and accounting software just to understand what has actually been paid.
- Card takings sitting with the provider for several days
- Multiple payouts landing with no clear link to trading days
- Fees deducted before payout and hard to isolate
- Three places to look before anyone knows what came in
- Reconciliation done from a spreadsheet after the fact
- Cash-flow decisions made on incomplete information
What we look at
Assessed during the Commerce Review.
- Current settlement time and payout frequency
- Which account settlement lands in
- Whether payouts can be identified without guesswork
- Fee visibility and how fees are presented
- The reconciliation process, step by step
- How the payment provider and the bank interact
- How the bank and accounting software interact
- Day-to-day cash-flow visibility
Capability
What this can look like in practice
- Faster access to card takings where available
- Clearer visibility of incoming settlement
- Payouts that can be identified against trading
- Less manual reconciliation each week
- Payments and banking working within a more connected setup
- A simpler flow into accounting
- Fewer dashboards needed to understand incoming cash
Payment and banking products are provided by third-party providers and partners. Eligibility, pricing, settlement times and terms depend on provider and customer circumstances.
How it connects
Where this sits in the wider setup.
Settlement sits between payments and the accounts. Improve it and both sides get easier — takings are visible sooner and month-end starts from data that already reconciles.
Commerce Review
Faster settlement is useful. Clearer settlement is better.
We look at speed alongside visibility, reconciliation and how the banking setup fits the wider commerce system.
Book a Commerce ReviewCard terminals, online payments and payment setup built around how your business sells.
Connected EPOSChoose and configure an EPOS around the way your business actually operates.
Websites & EcommerceBuild or improve your website and online selling, connected with the physical business.
Sales ChannelsClick & collect, local delivery and online ordering that feed the operation.
Commerce Review
Let's look at how your business works.
Tell us about your setup and we'll arrange a short, no-obligation conversation. We start with the business, not a hardware quote.
- No obligation and no hard sell
- We look at the whole setup, not one product
- Keep what works — we'll say so when something already does
Prefer to talk first? Contact us.