ISO Statement Auditor
Audit the processor that pays you.
RatesNegotiator pointed the other direction: an AI agent that audits the processor's monthly billing to the ISO, catching buy-rate errors and fee discrepancies that quietly erode ISO margin.
ISOs scrutinize what they bill merchants but almost never audit what the processor bills them. Buy-rate and fee errors accumulate across thousands of merchants and go unnoticed because no one reconciles the processor's side line by line. The leak is recurring, entirely the ISO's money, and almost no one in the market serves this buyer.
Why this exists
ISOs scrutinize what they bill merchants but almost never audit what the processor bills them. Buy-rate and fee errors accumulate across thousands of merchants and go unnoticed — errors compound silently across thousands of accounts, and the ISO never knows.
How ISO Statement Auditor solves it
Ingests the processor's monthly billing and residual statements to the ISO, reconciles them against the agreed buy-rate schedule and contract terms, and flags every discrepancy — wrong interchange pass-through, fees charged outside the schedule, mis-categorized BINs, and arithmetic that doesn't tie. Produces a recovery report the ISO can take back to the processor.
The timing
ISOs check what they bill merchants but rarely audit what the processor bills them, so buy-rate errors quietly pile up across thousands of accounts. It's your money, it's recurring, and almost no one is catching it — auditing it line by line turns silent leakage into recovered margin.
What's inside.
Processor billing ingestion
Automated parsing of processor billing and residual statements — any processor format, normalized for reconciliation.
Buy-rate reconciliation
Reconciles every line against the ISO's agreed buy-rate and fee schedule — finds the gaps the processor hoped you'd miss.
Discrepancy flagging
Flags mis-billed BINs, off-schedule fees, wrong interchange pass-through, and arithmetic that doesn't tie.
Recovery report
Produces a ready-to-send recovery report with the exact discrepancies, amounts, and supporting evidence.
No fixed price tag — we scope it to your portfolio and the recovery at stake. Book a demo and we'll tailor a quote to your operation.
BOOK_A_DEMO →From signup to value in minutes.
Upload billing statements
Drop the processor's monthly billing and residual files.
Load your buy-rate schedule
Upload or input your agreed contract terms once.
Auto-reconcile
Engine compares every line against your schedule and flags discrepancies.
Take it back to the processor
Use the generated recovery report to reclaim overcharges.
Common questions.
What if my processor pushes back on recovery claims?+
The recovery report includes the exact contract language, statement lines, and arithmetic that supports each claim — it's designed to be sent directly to your processor rep.
Do I need to share my full contract?+
You upload your buy-rate schedule and fee terms — we never need the full contract text, just the rate tables.
How often should I run a reconciliation?+
Monthly is ideal. Most errors are recurring, so catching them early and establishing a clean baseline is the highest-value move.
Which processors' billing formats are supported?+
Any processor that sends you a billing or residual statement — the parser normalizes each format into one schema, so new processors don't need custom work.
How is this different from Residuals Nexus?+
Nexus reconciles the residuals you're owed and pays your sub-agents. The Auditor checks what the processor charges you — buy rates, fees, and pass-through — line by line.
Get early access to ISO Statement Auditor.
Join the waitlist to be among the first to pilot this tool and help shape what it builds.
JOIN_WAITLIST →More in the toolkit.
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