Small business owners struggle to reconcile payments from multiple platforms like Stripe, PayPal, Wise, and bank transfers because it requires manual work like matching payments, checking settlement timing, and cross-referencing statements, often relying on spreadsheets.

Workarounds Described

• uses spreadsheets to track payments and match them manually
• checks settlement timing manually across platforms
• cross-references statements by hand

Implied Software Gaps

• Automated payment matching across multiple platforms that handles missing references
• Unified dashboard showing settlement timing differences across payment gateways
• Auto-generated reconciliation reports comparing statements from different platforms

Reconcilio

Reconcilio is a cloud-based reconciliation platform that automatically connects to multiple payment gateways (Stripe, PayPal, Wise, bank accounts) and accounting software to match transactions, flag discrepancies, and generate reconciliation reports. It eliminates manual spreadsheet work and saves hours each month for SMB owners and their bookkeepers.