Intelligence · Settlement & Reconciliation
Close the books without the spreadsheets
Glownet Settlement automates financial reconciliation at event close, aggregating all transactions across ticketing, cashless spend, vendor POS, and payment gateways into a single, auditable settlement package.
Capabilities
Event Close Settlement
Automated end-of-event settlement triggered by operator action or schedule. All transactions across all channels reconciled into a single settlement run.
Multi-Vendor Reconciliation
Itemised settlement per vendor, applying revenue-share rules and commission deductions automatically. Each merchant receives a clear statement of net proceeds.
Gateway Reconciliation
Cross-reference platform transaction records against payment gateway settlement files. Flags discrepancies for operator review before final disbursement.
Refund Processing
Cashless wallet refunds calculated and disbursed as part of settlement. Configurable refund windows, minimum thresholds, and processing fee deductions.
Audit Trail
Complete transaction-level audit log from source to settlement. Exportable for accounting, tax compliance, and dispute resolution.
Finance Exports
Settlement reports in structured formats compatible with common accounting systems. Configurable cost-centre and GL code mapping for direct import.
Simplifying post-event finance?
Find a Glownet partner experienced in multi-vendor settlement deployments, or contact us to discuss your reconciliation requirements.