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What is ReconArt?

ReconArt is a sophisticated web-based platform tailored for enterprises, aimed at streamlining the entire data reconciliation process while enhancing management integration. By leveraging cutting-edge technology and industry best practices, our reconciliation software solution effectively aligns with the ongoing digital transformation trends in the realms of finance and accounting. The platform's comprehensive integrated features encompass every stage of the reconciliation lifecycle, which ranges from administrative and data management to advanced transactional matching and exception handling, culminating in a thorough and fully auditable reconciliation of balance sheets. Additionally, it offers essential supporting tools such as journal approvals and variance analysis to facilitate the reconciliation process. Furthermore, ReconArt provides user-owned functionality that accommodates all forms of reconciliation, including but not limited to bank accounts, credit cards, payments, general ledger/suspense accounts, and accounts receivable/payable. In addition, it effectively manages ledger to subledger reconciliations, intercompany trades, positions, and balance sheets, making it an indispensable tool for financial professionals.

What is Bank Rec?

Bank Recâ„¢ streamlines the bank account reconciliation process, making it quick and even enjoyable. You can wave farewell to the monotonous chores of 'ticking and tying' as your team is empowered to focus on more strategic endeavors. Each matched entry is conveniently identified with an 'audit trail number' for straightforward referencing and reporting. Any records that remain unmatched will be rolled over to the subsequent period until they are reconciled. The system allows you to generate a reconciliation report even in the face of discrepancies, offering recommendations for necessary journal entries. Our comprehensive collection of bank reconciliation reports provides deeper insights into your financial data. This innovative tool transforms a once solitary task into a thoroughly documented process that ensures uniformity and offers a solid backup for personnel and operations alike. It effortlessly integrates with any files exported in Excel, CSV, or BAI formats from your banking or accounting platforms. You have the option to use our predefined matching rules or tailor your own to cater to specific requirements. Additionally, exception reports clearly outline the causes of unmatched items, thereby significantly cutting down research time and enabling your team to focus on high-risk discrepancies. Moreover, this solution not only boosts efficiency but also fortifies the overall financial integrity of your organization, making it an invaluable asset in your operational toolkit. Ultimately, Bank Recâ„¢ is designed to enhance collaboration and accountability within your financial workflows.

Media

Media

Integrations Supported

NetSuite

Integrations Supported

Microsoft 365
Microsoft Excel
Microsoft Outlook

API Availability

API Availability

Pricing Information

$300/month/user

Pricing Information

$199.95 per month
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

Windows

Customer Service / Support

24 Hour Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Online Training
On-Site Training

Company Facts

Organization Name

ReconArt

Date Founded

2008

Company Location

United States

Company Website

www.reconart.com

Company Facts

Organization Name

Treasury Software

Company Location

United States

Company Website

www.treasurysoftware.com/bank-reconciliation/bank-reconciliation.aspx

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
CPA Firms
General Ledger
Government
Multi-Currency
Nonprofits

Financial Close

Not specified

Reconciliation

Not specified

Categories and Features

Reconciliation

Not specified

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