Automated reconciliation
A seamless way to reconcile unapplied cash
With our trusted three-way match approach, you’ll be able to increase transparency, accuracy and control to prevent unplanned write-offs and avoid net revenue losses.
With automated reconciliation, powered by the Kodiak Platform, you'll be able to:
Track all transactions, including lockbox and credit card payments
Maintain a centralized record of payments posted to your patient accounting system
Easily find payment deposits and their posting to the proper general ledger account
Results your team can count on
By matching transactions between the bank, the patient accounting system, and the general ledger—your team will be able to quickly reduce large, unapplied cash balances with precision.
Provides you with reliable results
Using a unique payment identifier, our tool helps you easily track and transfer provider-based status payments to their appropriate entity, with daily matching for increased accuracy.
Frees up your team’s bandwidth
By automating the reconciliation process, your team will be able to account for all cash—and allocate more hours to more strategic initiatives.
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Average match rates
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Credit card match rates
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More FTE hours able to be shifted to other tasks
Connect with our in-house experts
See how our team of best-in-class industry experts can help you reliably automate your reconciliation process.
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