Bank Matching
Settlement happens between the bank and the payments — our role is matching: verifying that the bank, the payment records, and the issued receipts all tell the same story. Automatically, every day.
Automatic three-way matching
Every transaction is checked across three sources: the bank movement, the payments record, and the issued receipt — no spreadsheets, no month-end scramble.
Accurate daily reports
A matching report ready every morning: what agreed, and what needs your eyes — instead of discovering gaps weeks later.
Always audit-ready
A complete trail linking receipt to transaction to bank movement, archived under regulatory controls and available for any review.
Every payment provider in one dashboard
Most merchants run multiple payment providers, devices, and channels — e-commerce, payment gateways, soft POS, and traditional terminals. Wateer brings them all into one dashboard: your accountant signs in once and sees every payment.
How it works
- 1
Transactions flow in from the tills
Wateer is connected to your points of sale, so every transaction arrives with its full detail the moment it happens — from every branch and every device.
- 2
The payment is tied to its receipt
Smart matching attaches each payment to the receipt it belongs to, however many devices and providers are in play — so you know what every riyal was paid for.
- 3
After settlement, the bank is checked
When settlement lands, it is compared against what actually reached your bank account. The gap between what should have arrived and what did is what Wateer surfaces — as a named line, not a lump sum.