Efficient B2B reconciliation with nexnet
Increased efficiency for your company
With our solution, you can reduce manual reconciliation processes and significantly increase the efficiency of your finance department.
Automated processes and error reduction
Automated workflows reduce the error rate and ensure that all bookings are carried out correctly.
Maximum transparency and traceability
Our tools provide you with a transparent overview of all booking processes and enable you to track them at all times.
Our collaboration - step by step to success
Analysis of the ACTUAL situation
Together with your team, we analyze your existing financial processes to identify individual optimization opportunities.
Implementation of our solutions
We customize our systems to your specific requirements and integrate them seamlessly into your existing IT infrastructure.
Test phase and fine tuning
In a controlled test phase, we check the functionality and make fine adjustments based on your feedback.
Frequently asked questions about B2B reconciliation
Here you will find answers to the most important questions about B2B reconciliation and the benefits for your company.
What is B2B reconciliation?
B2B reconciliation describes the process of reconciling bookings and payment transactions between business partners in the B2B sector.
Which companies benefit from B2B reconciliation?
Companies of all sizes, especially those with high booking volumes and complex financial processes, benefit enormously from automated reconciliation processes.
How long does the implementation of nexnet solutions take?
The duration depends on the complexity of your existing systems, but the implementation can usually be completed within 4-6 weeks.
How is GDPR compliance guaranteed?
We meet all the requirements of the GDPR and ensure that your data is processed securely and in compliance with the law at all times.
What costs are associated with the use of our solutions?
The costs depend on the scope of services and the individual adaptation to your needs. We will be happy to provide you with a customized offer.
What support options does nexnet offer?
Our support team is always available to answer technical questions or make adjustments to our solutions.
What is the difference between automated B2B reconciliation and manual account reconciliation?
Manual reconciliation compares journal entries and bank statements one by one and is prone to errors, especially with high transaction volumes. Automated B2B reconciliation continuously matches incoming payments, invoices, and journal entries at the individual transaction level—not just at the end of the month, but on an ongoing basis. This makes discrepancies visible immediately, rather than waiting until the year-end closing.
What role does financial clearing play in the order-to-cash process?
Financial clearing centrally consolidates payment flows from various sources (online stores, marketplaces, offline channels) and automatically matches them to the corresponding invoices. It thus serves as the bridge between incoming payments and accounting—a seamless order-to-cash process is inconceivable without proper clearing, as otherwise every payment would have to be matched manually.
What reconciliation processes are necessary for an audit-ready order-to-cash process?
An audit-ready process requires: seamless matching of each payment to its corresponding invoice, automated detection of partial payments and discrepancies, a traceable audit trail, and a certifiable final report. nexnet natively meets all four requirements and is designed to handle high transaction volumes.
Which KPIs indicate whether the reconciliation processes are actually working?
Relevant metrics include: the reconciliation rate (percentage of payments automatically matched), average resolution time for discrepancies, percentage of manual follow-up, and the time between receipt of payment and posting. A decreasing resolution time and an increasing level of automation are the clearest indicators of a mature order-to-cash process.
What are the most common sources of error in B2B coordination?
The most common causes of reconciliation discrepancies are: partial payments without clear allocation, mismatched reference numbers between payments and invoices, currency differences in international payments, and late or duplicate postings. nexnet automatically detects these patterns, thereby significantly reducing the need for manual clarification.
Proven success, demonstrable performance
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