Synder
70 Case Studies
A Synder Case Study
The customer, Amazon, faced the challenge of manually reconciling complex settlement payouts in Xero, a process that was time-consuming, error-prone, and hindered financial visibility. To overcome this, they utilized the services of the vendor, Synder, specifically its automated reconciliation product.
Synder implemented a solution that automatically imports and categorizes Amazon settlement data directly into Xero. This streamlined the entire reconciliation process, ensuring accurate transaction recording and seamless bank feed matching. The results achieved included saving a full workday per employee each month, cutting 3–5 days off the monthly close, and speeding up reconciliation by 50%.