Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Alternatives to Consider

  • Xero Reviews & Ratings
    6,132 Ratings
    Company Website
  • Sage Intacct Reviews & Ratings
    8,791 Ratings
    Company Website
  • Epicor Financials Reviews & Ratings
    Company Website
  • FISPAN Reviews & Ratings
    5 Ratings
    Company Website
  • Gravity Software Reviews & Ratings
    45 Ratings
    Company Website
  • RunMyJobs by Redwood Reviews & Ratings
    424 Ratings
    Company Website
  • Melio Reviews & Ratings
    2,212 Ratings
    Company Website
  • Clazar Reviews & Ratings
    102 Ratings
    Company Website
  • Odoo Reviews & Ratings
    1,729 Ratings
    Company Website
  • Order.co Reviews & Ratings
    228 Ratings
    Company Website

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 FlexTrap?

FlexTrap is an advanced cloud platform that utilizes artificial intelligence to improve the accuracy of payments and automate accounts payable tasks, which allows finance departments to prevent payment errors, detect discrepancies, and simplify the reconciliation of supplier statements, thus reducing financial risks and enhancing operational productivity. The platform implements more than 300 validation checks and employs machine learning techniques to analyze invoices and accounts payable transactions continuously, allowing it to identify potential issues such as duplicate payments, incorrect payments to vendors, and unclaimed credits while offering real-time alerts and insights for prompt action by accounts payable teams. Additionally, it revolutionizes the often cumbersome and time-consuming process of reconciling supplier statements through AI-powered data capture and smart matching with accounts payable records, creating a fast and scalable workflow that not only tracks open credits but also improves supplier relations and management. This modernized method significantly cuts down the time and resources usually required for manual reconciliation, enabling finance teams to concentrate on more strategic priorities. Ultimately, FlexTrap equips organizations with the tools necessary to exercise tighter financial oversight and foster stronger partnerships with their suppliers, while also paving the way for more innovative financial practices in the future.

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

Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

ReconArt

Date Founded

2008

Company Location

United States

Company Website

www.reconart.com

Company Facts

Organization Name

FlexTecs

Company Location

United States

Company Website

flextrap.flextecs.com

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

Popular Alternatives

Popular Alternatives

Onex Recon Reviews & Ratings

Onex Recon

Osource Global