Stripe is a payment gateway and payment service provider (PSP) that lets businesses accept card and online payments, then settles the collected funds to their bank account as periodic payouts. It sits between the customer's payment and the money landing in the company's account.
The complexity for finance is that a Stripe payout is almost never a clean one-to-one figure. A single bank deposit bundles many transactions, minus processing fees, refunds, chargebacks, and timing offsets. Matching that net payout back to individual sales in the ERP, and to the line on the bank statement, is one of the most tedious reconciliations in any e-commerce or subscription business.
Done by hand, this three-way gap between gateway, bank, and ERP hides fee leakage, missed refunds, and revenue that was collected but never properly booked.
Phacet automates it. The payment gateway reconciliation agent aligns Stripe payouts, bank deposits, and ERP entries, isolates fees and adjustments, and surfaces every unmatched flow with its reasoning exposed through a native audit trail. AI Match handles the semantic pairing that exact-amount rules miss.
Stripe collects the payment. Phacet proves that what Stripe reported, what the bank received, and what the ERP booked all agree. The result is a clean, traceable bridge between your PSP and your accounts.
