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MatchIQ vs SyncPay

MatchIQ logo

MatchIQ

7.3#3 in payment reconciliation software£5 usage-based
Free planWebAPI
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SyncPay

5.6#19 in payment reconciliation softwareFrom $149 a month
API
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What both publish

FactMatchIQSyncPay
ExportsCompleted reconciliations can produce summary, matched-pair and exception outputs in PDF, CSV or Excel.Resolved records flow to an accounting tool or a plain export, and the pricing page says matched data and rules can be exported at any time.
MatchingIts matching engine handles fuzzy descriptions, date variances, and batch payments, with the site claiming throughput above 5,000 transactions per second.The engine can split batched payouts into component sales, fees, refunds, and adjustments, and supports configurable tolerances for rounding, FX, and date differences.
PurposeMatchIQ, ReconcileIQ's bank reconciliation tool, matches bank statements against accounting records, identifies discrepancies, and can push fixes back to accounting software.SyncPay reconciles payouts, invoices, and ledgers automatically for finance teams.
SecurityThe product page says it uses AES-256 encryption, processes files in isolated environments, deletes them automatically, and is GDPR compliant and ICO registered.The company says connections are read-only wherever supported, SyncPay cannot move money, and data is encrypted in transit with TLS 1.2+ and at rest with AES-256.
SupportThe Starter plan lists email support, and the about page says the founder usually responds within 24 hours.Starter includes email support, Growth includes priority support, and Scale includes a named account contact.

MatchIQ plans

  • Start FreeFree
  • Starter£5 a month
  • Accountant£15 a month
  • Practice Essential£78 a month
  • Practice Pro£158 a month
  • Enterprise£398 a month

SyncPay plans

  • Starter$149 a month
  • Growth$449 a month
  • ScalePriced on request

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.

Pick SyncPay if…

You want what its maker publishes above — check its page for the details.

Charts they share