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Industry Overview Payment services and their evolving online and mobile cash transfer channels have emerged as a flourishing industry. People across borders connect and engage in trade exchange with increased convenience. The payment platforms...
Jan / 30 / 2019
Jan / 15 / 2019
When most people hear reconciliation they usually think of the direct meaning of the word i.e. “to bring together again” or “to make friendly again”. Even when you open a dictionary, the first explanation is “to find a way in which two situations or...
Dec / 17 / 2018
“He’s making a list, he’s checking it twice. He’s gonna find out who’s been naughty or nice…” Christmas is coming again – a busy period for Santa Claus. Have you ever considered the enormous effort Santa is facing here? And we are not just talking about moving...
Dec / 4 / 2018
In a world of infinitely deepening specialization, terminology develops in pace with evolution of technologies and inevitably requires special attention. One needs to familiarize himself with the modern industry slang first, in order to get a meaningful insight...
Nov / 20 / 2018
What does ReconArt for NetSuite mean? The simple answer would be: Managing and Automating your Reconciliations while NetSuite is your ERP system. A more elaborate answer would be: NetSuite works the way your business works, built from the ground up to the cloud. NetSuite manages...
Nov / 6 / 2018
Spreadsheets are no doubt a great solution for data analysis and intermittent calculations, but their use as a long-term account reconciliation solution proves unsustainable. Recent studies suggest that Excel is still the most popular reconciliation tool for...
Oct / 26 / 2018
ReconArt is a single-solution technology company providing a modern, enterprise-class, fully web-based reconciliation platform to a diverse, global client base of all industries and sizes. Our firm is headquartered in the United States just outside of Washington...
May / 18 / 2018
GDPR: What is it all about? The European Union’s General Data Protection Regulation (GDPR) officially comes into effect on May 25, 2018. The compliance deadline which was a long time coming is now only 1 short week away, and even in the final days, the...
Dec / 13 / 2017
The way payments are made nowadays is radically changing. People are using all kinds of devices (e.g. via smartphones and tablets) to shop, pay the rent, book a trip or make any other types of transactions. Thousands of companies are competing and cooperating at the...
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