Residual Audit & Reconciliation
Find the residuals you are owed
We audit your residual statements against your agreements and merchant data, identify underpayments and errors, document them for recovery, and set up monthly reconciliation so it does not happen again.
Built for every buyer we serve
ISOs, agents, and sub-ISOs receiving residuals from one or more processors.
Why this costs you money
These are the failure modes we see most often in Managed Payments Operations.
Processor residual errors are common and almost always in the processor’s favor.
Agreements change, pricing changes, and statements rarely keep up.
Most ISOs have never audited a residual statement line by line.
Everything included, in writing
Scope is written down before work starts, and changed only in writing. Nothing is added or dropped without a written change order.
- 01Agreement and schedule review
- 02Line-by-line statement audit against merchant and pricing data
- 03Variance report with documented findings
- 04Recovery support with your processor
- 05Monthly reconciliation process and reporting
All 5 are written into the scope document before work starts. What you actually need is settled on the call, after the Assess read.
From first call to live
4 phases, each ending in something written. Exact dates are set at the Assess step, once the scope is known.
- 01Phase 01
Week 1
Data collection
- 02Phase 02
Week 2 to 3
Audit
- 03Phase 03
Week 4
Findings and recovery plan
- 04Phase 04
Ongoing
Monthly reconciliation
What makes this different
These are specific to Managed Payments Operations, and they are in the scope document rather than only on this page.
We work inside your systems
Your processors, gateways, CRM, and portals, under your brand. You keep every merchant account and relationship.
A named desk with a named lead
A specific team, defined coverage hours, and response-time commitments written into the scope document.
Measured on numbers you can audit
Win rates, attrition, residual variance, and open items, reported weekly and built from your records.
We never touch funds
Midcore holds, transmits, and settles nothing. Access is scoped to the work, logged, and revocable at any time.
What clients say
We publish no client names. These describe the shape of real engagements in Managed Payments Operations.
See the engagementsOur agents were spending half their week on paperwork. The desk took the boarding queue, the disputes, and the residual reconciliation. Same headcount on the sales side, materially more selling.
They found variances in our residual statements that had been running for years. What mattered more was the monthly reconciliation they left behind, so it does not happen again.
We had been quoted eighteen months and seven figures to register as a PayFac. Midcore mapped the alternative in two weeks and told us plainly that our volume did not justify it yet. That conversation saved us a year.
- Written scopeAgreed before work starts, changed only in writing.
- Reporting from your dataEvery number opens to a record you can check.
- Scoped, logged accessRevocable by you at any time.
What the work looks like
Anonymised engagements from Residual Audit & Reconciliation and the wider Managed Payments Operations practice.
All case studiesAgents were spending roughly half their time on statement analysis, applications, and chasing processors. The fix was not more headcount on the sales side.
Independent sales organization A sub-ISO found years of residual variance in one auditResidual statements had been accepted as correct since the business started, because nobody had the time or the method to check them line by line.
Sub-ISO with multiple processor relationships A card-not-present merchant came back from a monitoring thresholdA rising dispute ratio put the account within sight of a card brand monitoring program, and with it the processing relationship itself.
Subscription merchant processing at scaleWritten by people who have done the work
Articles on Residual Audit & Reconciliation and the wider Managed Payments Operations practice.
All insightsProcessor residual errors are common and almost always favor the processor. Here's how to audit a statement line by line.
9 min read Agent Agreements: The Clauses That Decide Who Owns the PortfolioAn ISO agent agreement's vesting clause decides who keeps the residuals on paper. State law can decide it differently once termination actually happens.
9 min read Chargeback Management for Growing ISOsAs a portfolio grows, Visa stops judging disputes merchant by merchant. It judges the whole aggregated book, and the rules changed in 2026.
10 min readStraight answers
The questions that come up on almost every Residual Audit & Reconciliation call, answered before you have to ask them.
How often do you find errors?
Do you negotiate with the processor?
How does an engagement start?
What does Residual Audit & Reconciliation cost?
Can we stop after the Assess?
How long does Residual Audit & Reconciliation take?
Who actually does the work?
Still not sure Residual Audit & Reconciliation is what you need?
That is what the Assess is for. Book a 30-minute call and we will tell you which service fits, whether you need one at all, and what the first engagement would cost. We will also tell you when the answer is no.
Ready to talk about Residual Audit & Reconciliation?
Tell us what is happening. We will tell you whether this service fits, and whether you need it at all.
- 01Within 1 business dayA US-based practice lead replies and books a 30 minute call.
- 02On the callWe map the problem, the volume, the partners, and the constraints.
- 03After the callYou get a written read of one to three pages, yours to keep.
- Handled under NDA
- Written, not a slide deck
- No obligation to continue