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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...
Nov / 17 / 2023
Oct / 25 / 2023
ReconArt, an account reconciliation and financial close management solution provider, and 3RP Group, an Oracle NetSuite consultancy group based in the UK, are delighted to announce their...
Sep / 18 / 2023
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...
Jul / 14 / 2023
Recon Data Factory (RDF), an integration and data validation hub, takes end-to-end reconciliation automation to a new level. What does this mean for current and future ReconArt...
Jun / 15 / 2023
Credit card reconciliation is an accounting process of double-checking and verification of credit accounts. The purpose of financial reconciliations in general is to demonstrate the accuracy and completeness of GL accounts through comparison to...
May / 11 / 2023
Account reconciliation deals with verification and double-checking of account balances. Accountants have done it for ages and predominantly manually. It is essential for validation of financial statement inputs. The importance of financial...
Mar / 24 / 2023
Mar / 22 / 2023
How cryptocurrency works The famous Bitcoin (and cryptocurrency, for that matter) definition ascribed to John Oliver says: “Everything you don’t understand about money, combined with everything you don’t know...
Oct / 31 / 2022
Data reconciliation technology follows an evolution path increasingly defined by scalability, reduced human intervention, and connectivity. The main objectives to continually improve speed and efficiency can be met so long as reconciliation solutions are...
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