ReconArt is an enterprise-class, entirely web-based reconciliation platform which integrates all transactional matching, account reconciliation, and financial close management processes in a secure and auditable environment. Since 2011, ReconArt drives innovation in data reconciliation technology and helps a global client base establish robust, flexible and scalable data reconciliation processes.
ReconArt supports every type of reconciliation: bank statement, credit card & e-payments, investment activities and trading positions, payables & receivables, intercompany, as well as comprehensive functionalities for balance sheet account certification and smart financial close management. The solution integrates seamlessly with ERPs, third-party systems and multiple data sources to complete the end-to-end automation of the total reconciliation lifecycle: data import and transformation, superb rule-based matching capabilities, exceptions resolution and reporting, task calendars and checklists, approval workflows
ReconArt is a best practice solution with strong focus on regulatory standards and compliance mechanisms. Client feedback and recommendations underpin the product evolution roadmap, which also incorporates the most recent technology and regulatory developments. The constant reinvestment in system improvements and upgrades comes without additional cost for our customers.
ReconArt is a fully configurable SaaS solution, leveraged by a varied portfolio of customers from every industry, size, and geography. It brings dramatic efficiencies into clients’ existing manual processes to achieve full control and visibility on streamlined reconciliation operations. ReconArt is designed for the self-sufficient business user, quite easy to deploy and manage: users onboard, carry out, and rebuild their reconciliations independently. The key benefits following the implementation of ReconArt are significant time savings, mitigation of operational risks, enhanced precision and transparency.
Deep Dive into Account Reconciliation Automation
Explore the most common account reconciliation challenges coupled with the opportunities for process reinvention via automation on every level. Find your use case and learn how the traditional reconciliation inefficiencies are conquered by technology.
ReconArt is an innovative platform streamlining all transaction matching, account reconciliation, and period-end close activities in a single tool. The brochure draws a detailed account of the software features and benefits from ReconArt implementation in typical reconciliation scenarios.