They say 7 is the number of greatness—from the 7 Habits of Highly Effective People to the world’s top athletes who swear by their lucky 7. So, we’ve taken a page out of that playbook and uncovered 7 ways AI simplifies reconciliation for finance teams. In our latest blog, we explore the 7 game-changing ways AI transforms reconciliation, including: ✨ Automating repetitive tasks to free up valuable time. ✨ Real-time discrepancy detection to eliminate costly errors. ✨ Streamlined workflows that make end-of-month closures a breeze. ✨ Advanced analytics for deeper insights into your financial data. If 7 is the number of champions, isn’t it time your finance team joined the winning streak? 👉 Read the full blog here: https://lnkd.in/dBwS9a_C #FinanceTransformation #AIinFinance #ReconciliationSimplified #LuckySeven #Paymentreconciliation #Paymentoperations #artificialintelligence #aiml #Financeoperations #Fees #paymentinsights #paymentdatamanagement #paymentanalytics
Optimus Fintech
Financial Services
San Francisco, California 3,700 followers
Seamless No-Code Financial Operations in the Cloud
About us
The new-age back-office of fintech & retail, to increase the speed of innovation and improve the health of the financial services ecosystem. Optimus aggregates, monitors, and reconciles payment data across the full lifecycle of money movement. We're ERP, card scheme, processing platform, and bank agnostic - we consume data from many third-party sources to provide our users with a common view across many partners and suppliers. The Modern No-Code Automation Platform for Finance & Payment Teams.
- Website
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https://www.optimus.tech/
External link for Optimus Fintech
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- San Francisco, California
- Type
- Privately Held
- Founded
- 2020
- Specialties
- Data Orchestration, Payment Back-office, Payment Analytics, Payment Data Management, Payment Reconciliation, Transaction Matching, General Ledger Reconciliation , Financial Ops, Transaction Reconciliation, and Credit Card Reconciliation
Locations
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Primary
1700 Montgomery St
San Francisco, California 94111, US
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1st Floor, Building No. 4 Commerzone
Samrat Ashoka Path
Pune, Maharashtra 411006, IN
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6470 E Johns Crossing
Johns Creek, Georgia 30097, US
Employees at Optimus Fintech
Updates
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#ThoughtfulTuesday 🔑 9 Best Practices for Account Reconciliation to Streamline Financial Processes Efficient account reconciliation is the backbone of accurate financial management. Yet, many organizations struggle with outdated, time-intensive manual processes, frequent inconsistencies, and frustrating delays—making it challenging to close their books with confidence and precision. In our latest blog, we explore the best practices that can revolutionize reconciliation processes and drive operational excellence. Here’s a sneak peek: ✔️ Centralize your data for easier access and accuracy. ✔️ Leverage automation tools to minimize manual errors. ✔️ Implement real-time reporting to identify discrepancies faster. ✔️ Standardize workflows to ensure consistency across teams. ✔️ And much more! Whether you're looking to reduce the risk of errors, close faster, or simply enhance productivity, these actionable insights will set you on the right track. 👉 Read the full blog here: https://lnkd.in/dy3_gbA2 How is your organization tackling reconciliation challenges today? Let us know! #FinancialOperations #AccountReconciliation #Automation #FinanceExcellence #paymentreconciliation #financialclose #aiinfinance #accounting #bookkeeping #automation
9 Best Account Reconciliation Practices to Streamline Financial Processes
optimus.tech
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Optimus Fintech reposted this
🚀 Proud Moment for us at Optimus Fintech 🚀 Together, Optimus Fintech and DOKU, PT NUSA SATU INTI ARTHA are leading the charge in payment technology, setting new benchmarks for merchants and consumers, and fostering greater access & efficiency across the digital landscape in Indonesia. https://lnkd.in/dy8wry5T Chris Yeo Nabilah Alsagoff Anistasya Kristina Swapnil Mengawade Nilesh Desai #PaymentInnovation #OptimusFintech #DOKU #Indonesia #Fintech #Partnership #Innovation #FinancialTechnology #AI #FinanceOperations
Optimus and DOKU Achieve Groundbreaking Milestone, Driving a New Era of Digital Payment Innovation in Indonesia
markets.businessinsider.com
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#Thoughtfultuesday When it comes to fees and commissions, Payment Service Providers (PSPs) play a crucial role in shaping how merchants and partners experience transactions. It’s not just about setting the right rates—it’s about avoiding overcharging and ensuring the balance between profitability and fairness. The cost of getting it wrong? Legal risks, retrospective paybacks, and potential damage to your reputation. ⚖️ In our latest blog, we take a closer look at how PSPs can optimize fee and commission structures to protect both themselves and their partners from unnecessary risks. By getting ahead of these issues and aligning with best practices, PSPs can create stronger, more transparent relationships that drive success for everyone involved. 🤝 📖 Check out the full blog to dive deeper into the strategies that can help PSPs stay compliant and competitive. https://lnkd.in/dmVn--w3 #PSP #Payments #FeesAndCommissions #Partnerships #Fintech #paymentreconciliation #feereconciliation #aiinreconciliation #aiinfinance #financeoperations #paymentoperations #ecommercereconciliation #creditcardreconciliation #bankreconciliation
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🚀 Proud Moment for us at Optimus Fintech 🚀 Together, Optimus Fintech and DOKU, PT NUSA SATU INTI ARTHA are leading the charge in payment technology, setting new benchmarks for merchants and consumers, and fostering greater access & efficiency across the digital landscape in Indonesia. https://lnkd.in/dy8wry5T Chris Yeo Nabilah Alsagoff Anistasya Kristina Swapnil Mengawade Nilesh Desai #PaymentInnovation #OptimusFintech #DOKU #Indonesia #Fintech #Partnership #Innovation #FinancialTechnology #AI #FinanceOperations
Optimus and DOKU Achieve Groundbreaking Milestone, Driving a New Era of Digital Payment Innovation in Indonesia
markets.businessinsider.com
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#Thoughtfultuesday In today's fast-paced payment landscape, delays in payment settlements due to complex fee and commission reconciliation can have a significant impact on merchants' revenue streams. In our latest blog, "Optimizing Fee Reconciliation for Faster Payment Settlement," we explore the hidden costs of mismanaged fees and commissions that can lead to avoidable revenue losses and operational inefficiencies. 📖 Read the full blog to discover how you can leverage AI-powered tools for faster, more accurate fee validation and subsequent reconciliation! https://lnkd.in/dvSy3HqX Key topics we cover: - The nuances of managing fees & commissions at scale - How delayed settlements are often tied to inconsistent fee validation processes - The growing importance of transaction-level fee validation to minimize errors - Tools and techniques for automating reconciliation to reduce manual intervention - Optimizing cost of acceptance, reducing chargebacks, and boosting back-office productivity It's time to rethink how to manage fees and commissions transparently and at scale! Automating these processes can not only speed up settlements but also enhance operational efficiency, turning reconciliation from a headache into a streamlined, profit-generating process. #FeesandCommissions #FeeValidation #Interchangefee #PaymentReconciliation #PaymentSettlement #MerchantSuccess #CostOptimization #AIinPayments #Automation #FinanceInnovation #OptimusFintech
Optimizing Fee Reconciliation for Faster Payment Settlement
optimus.tech
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We are thrilled to announce our participation at the AFP Conference 2024 in Nashville! 🎉 Join us at Booth #226 where we’ll be diving deep into transforming finance operations from a cost center to a profit generator through AI-powered innovation. 💡 At Optimus Fintech, we are leading the charge in: - Proactively detecting and eliminating revenue leakages - Validating credit card fees at the transactional level - Maximizing revenue and reducing churn - Accelerating the close of accounting processes Whether you're looking to streamline your operations or uncover hidden opportunities for growth, our AI-driven solutions are designed to help you thrive. Let’s discuss how you can optimize your finance operations and turn them into a powerhouse of efficiency and profitability! 🔥 👋 Swing by Booth #226, and let’s chat! Book a meeting with us in advance here - https://lnkd.in/g3WtsD3F #AFP2024 #FinanceInnovation #AIPowered #FinanceOperations #RevenueMaximization #OptimusFintech #FinanceTransformation #RevenueLeakage #CreditCardFees #Paymentreconciliation #AIinfinance #backofficeoperations See you there!
Join Optimus Fintech at AFP 2024
optimus.tech
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#Thoughtfultuesday Now, more than ever, merchants need to prioritize robust reconciliation processes and tools to avoid similar pitfalls. In a world of complex transactions, transparency and vigilance aren’t just buzzwords—they’re essential practices for avoiding overcharges, safeguarding profits, and building trust. 💪 The recent $1.2 billion settlement by Discover Financial Services serves as a stark reminder of the importance of transparency, vigilance, and accurate reconciliation practices. 🧐 Read the full blog to uncover insights that can help you navigate this ever-evolving landscape! Discover how implementing enhanced reconciliation practices can be a game-changer for your payment operations, ensuring accuracy, compliance, and long-term success. 📈 https://lnkd.in/dUC7_ys4 #Payments #PaymentReconciliation #FinancialTransparency #MerchantSuccess #DiscoverSettlement #Paymentinnovation #fintech #feesandcommissions #interchange #mdr #merchantdiscountrate
The Discover Settlement: A Call for Enhanced Reconciliation Practices in the Payments Industry
optimus.tech
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We're still buzzing from our incredible experience at the Merchant Advisory Group Payments Conference 24 in Orlando, Florida! 🎉 It was an honor to showcase our AI-powered cloud platform that's revolutionizing financial operations. Our platform automates payment reconciliation, provides the world's first fully integrated fees & commissions validation, and offers real-time insights into all payment data. We’re beyond thrilled by the enthusiastic response from merchants, payment professionals, and industry experts. Your support inspires us to continue pushing the boundaries of innovation in payment and finance technology. 🙌 Thank you to everyone who visited our booth and attended our presentations! We can't wait to see what the future holds! 🚀 Type in your Finance Operations challenges/pain points in the comments below or write to us here - https://lnkd.in/drzGM44b We'll be happy to help! #MAG2024 #PaymentsConference #FinTech #Innovation #AI #PaymentAutomation #FeesAndCommissions #FinancialOperations #MerchantPayments #PaymentsInnovation #FintechSolutions #AIinPayments #FinancialAutomation #PaymentReconciliation #FintechInnovation #MerchantAdvisoryGroup #PaymentOptimization
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#Thougthfultuesday "Navigating the Complex World of Fees, Commissions, and Rebates: A Merchant's Guide" Managing fees, commissions, and rebates is critical to driving business growth and maximizing profits. But how do merchants strategically balance these financial components in today’s fast-paced payments ecosystem? In our latest blog, we break down how fees, commissions, and rebates work, and more importantly, how merchants can navigate the complexities of back-office operations involving fees, commissions, & rebates. We dive into the intricacies of how merchants can leverage automation to streamline their finance operations: - Automated payment reconciliation to reduce manual errors - Dynamic engines for calculating fees, commissions, and rebates accurately - Real-time reporting & dashboards for full visibility into financial metrics - Automated workflow management to improve efficiency and productivity By optimizing these processes, merchants can not only reduce costs but also create new opportunities for revenue growth. Read the full blog to learn how! https://lnkd.in/dNMgm5_Q #MerchantGrowth #PaymentReconciliation #FeeManagement #AIinPayments #AutomatedFinance #BusinessOptimization #PaymentInnovation #Interchangefees #automatedworkflows #feeoptimization #commissionmanagement #merchantsolutions #merchantfees #financeoperations #AIinFinance
Navigating Fees, Commissions, and Rebates: A Merchant's Perspective
optimus.tech