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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 CashTrax?

A fully automated reconciliation system enhances and standardizes your account reconciliation processes, guaranteeing the creation of precise and up-to-date financial statements. It provides a clear snapshot of current data, including reconciliations that highlight relevant statuses, age-related discrepancies, interfaces, and reminders or alerts. With customized templates, matching criteria, file interfaces, and effective break management, the automation of reconciliation is significantly improved. This solution manages the reconciliation processes between custodian accounts and internal accounting systems, as well as across various funds and legal entities. Furthermore, leaders can continuously track and evaluate performance metrics, utilizing comprehensive data insights for process improvement. By fostering standardization of procedures and integrating internal controls, the system features real-time reporting and dashboards for accounting and finance, facilitating enhanced decision-making and strategic planning. In the end, this automated framework not only conserves time but also boosts the accuracy and dependability of financial reporting, ensuring that organizations can respond swiftly to changing financial landscapes. Additionally, the implementation of this system contributes to a more structured approach to financial management, enabling teams to focus on strategic initiatives rather than manual reconciliations.

Media

Media

Integrations Supported

NetSuite

Integrations Supported

API Availability

API Availability

Pricing Information

$300/month/user

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

24 Hour Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub

Company Facts

Organization Name

ReconArt

Date Founded

2008

Company Location

United States

Company Website

www.reconart.com

Company Facts

Organization Name

CashTrax

Company Location

United States

Company Website

www.cashtrax.net/index.html

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

Loan Servicing

Auto Loans
Business Loans
Construction Loans
Fee Management
Loan Processing
Student Loans

Reconciliation

Not specified

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