Total Recon
The reconciliation visibility you’ve been waiting for.
Tackle Unexplained Discrepancies Faster than Ever
No longer will you spend hours searching for a discrepancy between systems.
In just minutes, you can both find the discrepancy and take action.
Evention Total Recon is an enterprise payment reconciliation solution, including both cash and credit card. It connects your unique payment ecosystem, providing you with transaction level visibility in minutes so you can trace and resolve variances to safeguard your revenue.
Automated Reconciliation for Hoteliers and Retailers
The cash process has had surprisingly little innovation in the last 100 years. Most hoteliers and retailers are still asking employees to double-count cash and manually reconcile between systems using spreadsheets. With the inherent risk of human error and shrinkage as well as current staffing challenges, there’s significant opportunity for automation to improve your reconciliation process.
For Hoteliers
Global Brands and Management Companies have trusted Evention with their reconciliation for 20 years.
For Retailers
Enterprise retailers rely on Evention Total Recon to automate their reconciliation process from transaction to bank.
Complete Payment Reconciliation in One Place
Reconcile all payments – including both cash and credit card – in one connected system.
- Make your process fast and repeatable by anyone on your finance team.
- Safeguard your revenue by removing the potential for human error and theft.
- Continue to grow your people and your business with impactful, analytical work.
Quickly Resolve Discrepancies at the Transaction Level
Get reconciliation visibility down to the individual transaction, so discrepancies are easy to spot and address.
- Unified and standardized processes across each location ensure dual controls and an audit log for your protection.
- Hold team members accountable for over/shorts with detailed views into violations and configurable violation notifications.
- Access web-based reports with flexible date ranges for deeper insights to improve cost optimization.
Enterprise-Level Reconciliation for Hospitality
Centralize payment reconciliation with a high-level view and access control that allow multi-property locations to understand and act, at scale. With seamless POS and PMS integrations you can reduce errors, ensure compliance, and enhance financial accuracy. Eliminate manual reconciliations and save time while minimizing audit risks.
Your Complete Guide to a Better Cash & Credit Card Reconciliation Process
Looking to learn more about how automated reconciliation can save you time and safeguard your revenue?
Connected to 60+ Devices and Applications You Use Daily
Post your reconciled data to the General Ledger via your preferred accounting software and then right to your bank across all currency rates.
We connect your entire ecosystem of providers for point of sale (POS), property management system (PMS), cash equipment, gateway and payment processors, payroll, tipping, and cash in transit (CIT) for reconciliation. If you don’t see your provider, just ask. We’re always adding more.
Marriott has partnered with Evention and their solutions to streamline reconciliation, visibility, and compliance for our finance teams to increase efficiency.
Gordon Tyler, Senior Director Ops Finance Support & Projects EMEA
Marriott Hotels International
No more cash count breaks — an integrated system aiming at improving the efficiency of cashiering function and internal controls environment. Furthermore, aids in the elimination of the redundant manual cash counting process and increases the general cashier’s and other operation staff’s productivity.
Director of Finance
Sheraton Jumeirah Beach Resort & Aloft Palm Jumeirah
20 Years of Enterprise Service Delivery
Right from the start, our expert implementation guides partner with you to create your Total Recon solution. We’ll be your guide through the change management process and consider everyone on your team. And post-implementation, we offer global customer support 24/7.
Complete Visibility of the Payment Reconciliation Process
Cash Reconciliation
Reconcile cash with visibility to the individual transaction at both the local and enterprise level.
Credit Card Reconciliation
Match 99% of credit card transactions in minutes with our proprietary credit card reconciliation algorithm.
Total Recon FAQ
What is cash reconciliation?
Cash reconciliation refers to matching a company’s cash transactions to tenders posted in the point of sale (POS) and recording the balanced results in the general ledger.
What is credit card reconciliation?
Similarly, credit card reconciliation is the process of comparing a company’s credit card transactions that are collected and processed through different point of sale/property management systems (POS/PMS) to its general ledger.
Why use payment reconciliation software?
Payment reconciliation software plays an important role in simplifying the reconciliation process for cash, credit card, and other types of payments. With Evention’s Total Recon solution, these processes are automated, meaning that the software will automatically match transactions for you.
What are the benefits of reconciliation software?
Benefits of using reconciliation software include time savings, improved accuracy, more in-depth reporting, enhanced data protection, and better monitoring of transaction activity.
Will Total Recon connect with my company’s current ERP system?
Check out our Connectors page to see all of the software we integrate with. We’re constantly adding new ones!
How long does it take to onboard Evention?
For the credit card reconciliation module of Total Recon, visit our POC page to learn more about the implementation process. Contact us for information about all other modules.
