Loopfour Payment Reconciliation
5.8#14 in payment reconciliation softwareWebAPI
VisitLoopfour Payment Reconciliation vs MatchIQ
What both publish
| Fact | Loopfour Payment Reconciliation | MatchIQ |
|---|---|---|
| Headquarters | San Francisco, CA | United Kingdom |
| Integrations | The payment reconciliation page names Stripe, bank feeds, NetSuite, and QuickBooks; the integrations page also lists accounting, CRM, document, communication, and spreadsheet tools. | The listed OAuth integrations are QuickBooks, Xero, Sage, Pandle, FreeAgent and YNAB; the page marks the first five as post and YNAB as read and write. |
| Matching | Matches can use amount, reference, customer, and date, in a priority the user sets. | Its matching engine handles fuzzy descriptions, date variances, and batch payments, with the site claiming throughput above 5,000 transactions per second. |
| Purpose | Loopfour automates payment reconciliation and cash application by matching payments to invoices with rules users can inspect. | MatchIQ, ReconcileIQ's bank reconciliation tool, matches bank statements against accounting records, identifies discrepancies, and can push fixes back to accounting software. |
| Security | Loopfour states that it has SOC 2 Type II in place and records SOC 1 evidence on workflow runs. | The product page says it uses AES-256 encryption, processes files in isolated environments, deletes them automatically, and is GDPR compliant and ICO registered. |
Loopfour Payment Reconciliation plans
No prices published.
MatchIQ plans
- Start FreeFree
- Starter£10 a month
- Accountant£30 a month
- Practice Essential£149 a month
- Practice Pro£299 a month
- Enterprise£799 a month
Pick Loopfour Payment Reconciliation if…
Loopfour is intended for finance teams that need governed, auditable automation for repeatable finance work. Its workflows are built and maintained on customers’ existing systems, including tools without APIs.
Pick MatchIQ if…
ReconcileIQ suits accountants, accounting professionals, and business owners who need to match statements with accounting records. Its integrations and correction workflow may suit users working with the listed accounting products.