ReconArt, Inc.

The way payments are made nowadays is radically changing. People are using all kinds of devices (e.g. via smartphones and tablets) to shop, pay the rent, book a trip or make any other types of transactions. Thousands of companies are competing and cooperating at the same time to enable and simplify the flow of transactions and the transfer of...

Holiday Extras is among the United Kingdom’s travel industry market leaders, offering full customer travel experience. Holiday Extras saw a large increase in profits and a wide expansion across Europe in 2011. It became evident that this growth required a transition from reconciling in complex spreadsheets to establishing a modern technological...

While bank reconciliation is needed and wanted in order to assure control and healthy finances, it is also tedious to a level that often discourages and leaves you drowned in details that obscure the original intent of the whole process. It is a daily routine for thousands of companies and people around the world and a heavily regulated reality for...

The managed asset portfolio of each US state treasury is worth billions of USD. The cash position is of similar size. On operational level, the state treasury office takes care of receipts and disbursements. It may redeem, countersign and distribute warrants (check issued for services delivered as part of public procurement) and checks as part of...

Fullerton Health Medical Centres - one of Australia’s leading primary healthcare providers with over 60 clinics located throughout metropolitan and regional locations - engaged in automation of its medical centre bill payments reconciliation. Each entity provides a broad range of healthcare services which are billed to insurance companies,...

Reconciliation finds its place in any and every accounting practice, but for some business models it has become a central issue. Transactional industries stand out as the most obvious example, where huge volumes and speed of exchange operations are typical characteristics on top of cash amounts turnover. Retail business and the e-commerce segment...

Automated high volume transaction data matching - simple steps: 1) Prepare your data for matching - transformation & enrichment. 2) Teach ReconArt your business logic - matching criteria and rules creation. 3) Reconcile by your rules - one to one, one to many, many to many, three-way matching relationships. 4) After the matching dust settles -...

Calgary Co-op is a member owned retailer operating food, pharmaceutical, petroleum, home health care, liquor, and cannabis outlets. Founded in 1956 in Calgary, Alberta, Canada. In expanding its operations, Calgary Co-op saw a substantial increase in the transactional volumes of its merchant accounts, which required automation of transaction...

Banco Unico ranks as the fifth largest bank in Mozambique, serving individual and corporate clients. Functionality and cost-wise, ReconArt has ticked off essentially all client’s must-have boxes. The platform allows the client to construct unlimited number of reconciliation processes on their own.

The solution for month-end balance sheet account reconciliation and reporting needs. With ReconArt, all roles involved in the close benefit from real time collaboration – from accountants preparing or approving accounts to Controllers and Finance executives looking for progress status and reporting. Our goals are simple: promote best practices,...