Reconciling Adyen Payments

What is Adyen?

Adyen provides end-to-end payments, data, and financial management in a single solution. Adyen offers a platform that integrates gateway, risk management, processing, acquiring, and settlement of payments.

What is Order-to-Cash Reconciliation?

At a high level, it’s the process of matching customer orders and refunds to a payment, and ultimately to a payout in the bank account. This ensures that the data used to book key financial metrics can be accurately traced to a cash conclusion.

Overview

Use Blue Onion with Adyen to eliminate the manual and repetitive process of matching each order to a payout and booking payment processor fees.

How Does It Work?

How does Blue Onion reconcile Adyen payments?

Blue Onion connects to a company’s order system, Adyen account, and bank account. The software algorithmically traces and matches each order to a payment and ultimately to a payout in the bank account.

What information will Blue Onion be able to provide me?

Blue Onion matches each order to a payment in Adyen and to a payout in the bank account. The software creates an audit trail from point of sale through to the bank account, including payment processing fees, refunds, and chargebacks.

Does Blue Onion connect with other tech stacks related to our workflow?

Blue Onion offers connections with popular order systems, other payment processors, return and gift card services, and accounting systems.


What Are Some Top Challenges Experienced by Merchants When Reconciling with Adyen?

  • Limited visibility into cash-in-transit and how an order translates to a cash payout.
  • Significant accounting complexity with foreign currency transactions, connected subscription or  return services, and loyalty programs that can be difficult to trace and reconcile.
  • Multiple payment processors can exponentially increase the time to manually reconcile transactions and investigate discrepancies.

TOP BENEFITS

Eliminate manual and time-consuming  work with Blue Onion’s automated Adyen reconciliation

Blue Onion automatically connects and pulls order and payment data directly from your technology stack, including Adyen l. All of your transactions are processed, cleaned, and reconciled to a payout in the bank account.

Create a single source of truth for order and payment data

Blue Onion brings financial data from your order system, Stripe account, and bank account together. This provides reconciliation and audit trails for each transaction across multiple systems.

Reliable and timely data and anomaly detection

Blue Onion’s reconciliation algorithm provides clean financial data and flags when transactions cannot be reconciled, allowing teams to address issues quickly.

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