Case Study: Klarna simplifies multi-channel accounting with Synder

Klarna eliminates 40+ hours of manual work per month with Synder

The customer, Klarna, a major buy now, pay later service, faced a challenge for its users who wanted to utilize its payment plans on Amazon, a platform where it is not natively integrated. This created a complex accounting situation for businesses that had to manually reconcile Klarna settlement payouts, which bundle sales, refunds, and fees, from multiple sales channels.

The vendor, Synder, implemented its automated accounting software to streamline this process. Synder's integration automatically imports Klarna settlement data, breaks it out into detailed sales receipts, and accurately matches deposits. This solution delivered measurable results, including 99.5% reconciliation accuracy and the elimination of over 40 hours of manual accounting work per month for businesses.

Klarna