Brand LogoThinkVAL

How Our Centralized Readers Simplify Your Reports and Statements Uploads

uploadCover.png

Uploading financial reports from multiple POS systems, payment providers, and banks can be a major headache. Different formats, varying file structures, and manual adjustments slow down reconciliation and reporting.

But with our centralized file readers, you can upload reports as they are—no formatting required. Instead of each business building its own integrations, we maintain pre-configured readers for the industry as a whole, creating economies of scale and removing the burden of file processing from individual companies.

Watch the full video for a step-by-step breakdown. https://www.youtube.com/watch?v=HvNTUoMG4Y8


The Challenge of Multi-Source Data Uploads

Businesses in F&B, retail, and e-commerce deal with reports from a wide range of sources, each with its own format:

  • POS sales reports
  • Third-party delivery platform reports
  • Payment provider settlements
  • Bank transaction records

Manually preparing these files for reconciliation often involves:

Reformatting each statement to match internal database structures.

Managing multiple integrations for different POS and payment platforms.

Troubleshooting discrepancies due to missing data, column mismatches, or incorrect file names.

For businesses operating across multiple locations or vendors, this adds significant overhead and complexity.


How Our Centralized File Readers Solve the Problem

Instead of requiring businesses to build and maintain multiple integrations, we handle this at scale by centrally managing file readers for the entire industry.

But we go beyond just uploading—our system also enriches your data, pulling out specific details from description and remarks columns that are essential for business operations.

Here’s How It Works:

1️⃣ Upload Your Files As They Are – No need to rename, reformat, or adjust column structures. Just drag and drop your POS, bank, or payment files.

2️⃣ Industry-Standard Readers Process the Files – Our system automatically recognizes the source and applies the correct reader from our pre-built library of formats.

3️⃣ Automated Data Enrichment – Key details are extracted from descriptions and remarks columns to provide valuable business insights beyond just reconciliation.

4️⃣ Files Are Categorized & Stored Properly – The processed reports are placed in the correct location, ready for reconciliation or deeper analysis.

5️⃣ Immediate Access to Clean & Enriched Data – Your uploaded data is instantly available, without requiring manual intervention, ensuring that both financial and operational insights are readily accessible.


Why This Matters for Your Business

By leveraging our centralized file reader infrastructure, businesses benefit from:

Time Savings – No more manual file formatting or adjustments.

Error Reduction – Standardized file handling minimizes human mistakes.

Cost Efficiency – Shared infrastructure reduces the need for individual businesses to maintain integrations.

Scalability – As new vendors and formats emerge, they are added centrally, eliminating extra work for businesses.

Faster Reconciliation – With data flowing seamlessly into the system, financial teams can focus on insights instead of file prep.

✅ Extracts Operationally Relevant Details – Identify key transaction insights automatically.

✅ Enhances Reporting & Decision-Making – Get structured data without manual filtering.

✅ Supports Reconciliation & Business Intelligence – Data isn’t just cleaned—it’s enriched for better financial and operational clarity.


Industry-Wide Efficiency, Without the Complexity

Our approach removes the operational burden of maintaining multiple integrations, giving businesses a plug-and-play experience for data ingestion.

Instead of struggling with reports and statement uploads, focus on what matters—analyzing financial performance and driving business growth.

📩 Contact us today to learn how our system can streamline your reconciliation and analytics.

Ready to get started?

Start your VAL Journey Today.