Automated reconciliation
A seamless way to reconcile payments
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 its posting to the proper general ledger account
Results your team can count on
By matching three ways—to the bank, the patient accounting system, and the general ledger—your revenue team will be able to quickly reduce large, unapplied cash balances with precision.
Provides you with reliable results
Using a unique payor 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.
0%+
Average match rates
0%+
Credit card match rates
0%
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.
Resources
The Kodiak Platform
Unlock the value of your data, improve net revenue, and generate higher ROI—all from one cloud-based platform.
learn moreHealthcare Summit
Join us for our annual three-day conference focused on helping you optimize finance and reimbursement options.
save your spotUpcoming events
Hear from innovative thought leaders within the healthcare industry during in-person and virtual events.
see all events