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Reconciliation software solves a long-standing need for automation of key data matching and financial close processes. As soon as organizations set their mind on implementing such a solution, they contemplate on the requirements and their prioritization....

Financial reporting acts as the cornerstone for financial transparency and accountability. Reports offer a deep dive into a company's financial health metrics. They shed light on crucial areas such as cash flow, overall profitability, and other key performance...

Journal entry (JE) is an essential element of the accounting craft. ReconArt, as a comprehensive account reconciliation solution, provides functionalities for journal entry creation and enhanced control. But let start form the basics. What is a journal...

All companies have accounting operations. Inevitably, they do account reconciliation at period end and most likely it is bank reconciliation. It is safe to say that all businesses do bank reconciliation as their cash streams pass through the banking...

AP / AR reconciliation (accounts payable / accounts receivable) can be regarded as mirror processes. In both cases, accountants perform side-by-side comparison of invoices against payments. Companies exchange...

ReconArt, a leading account reconciliation and financial close management solution provider, has developed and launched API connectors with Mambu, top SaaS core banking system, to deliver superb end-to-end automated reconciliations for joint customers in the...