Reconcile Faster with Bulk Payment Importing

Managing payments that occur outside of Loopit just became much easier.

With Bulk Payment Importing, you can upload a CSV or Excel file containing invoice payment data and Loopit will automatically match each payment to its corresponding outstanding invoice. This is especially helpful when dealing with bank transfers, consolidated business payments, or external billing systems.

Instead of allocating each payment one-by-one, Loopit handles the matching and marking for you — saving time and ensuring your records stay accurate.

Payment imports can be found in Finance Reports → Payments, where you can review, edit, and submit your data before processing. Once uploaded, Loopit will process payments in the background and notify you when everything is complete, including any skipped entries that may require correction.

All payments applied through this feature are recorded as Off-Platform Payments, keeping your financial data consistent and auditable while aligning seamlessly with your external systems.

This update helps finance and operations teams work faster, reduce manual effort, and maintain accurate invoice records across the entire business.