Case Study: Mid-size Ecommerce Company achieves faster, more accurate transaction reconciliation with Synder

Mid-size Ecommerce Company achieves 99.5%+ reconciliation accuracy with Synder

A mid-size ecommerce company faced the challenge of manually reconciling thousands of transactions across multiple sales channels and payment processors like Stripe and PayPal, a time-consuming process prone to human error that distorted financial records. To address this, they implemented Synder's automated transaction reconciliation feature.

Synder's solution automated the matching of payment platform data against their QuickBooks Online records, flagging only discrepancies for review. This resulted in a dramatic reduction of reconciliation time from days to just 40 minutes and achieved a reconciliation accuracy of over 99.5% across more than 170,000 transactions, saving significant manual effort and ensuring reliable financial data.