Nov / 20 / 2018
ReconArt for NetSuite
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 your business process and integrates your company’s ...read more
Nov / 6 / 2018
Reconciliation Beyond Spreadsheets
Spreadsheets are no doubt a great solution for data analysis and intermittent calculations, but their use as a long-term reconciliation solution proves unsustainable.
Recent studies suggest that Excel is still the most popular reconciliation tool for roughly 70% of the world’s financial institutions. Undoubtedly, its versatility, ...read more
Oct / 26 / 2018
ReconArt Is Developing Its Partnership Channel
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 DC and also has offices in Europe. We have been serving our clients and the market since ...read more
May / 18 / 2018
GDPR and ReconArt – Our Commitment to Data Privacy
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 affected portion of the business world has been buzzing with activities ...read more
Dec / 13 / 2017
Card Transactions in the e-Commerce World
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 same time to enable and simplify the flow of transactions and the transfer of related ...read more
Aug / 7 / 2017
Enabling Enterprise-class Security in ReconArt
As designers of a world-class enterprise system, ReconArt has always had significant focus on application security. We have purposefully integrated enterprise security best practices in the application to keep access and data secured, while simultaneously keeping configuration and management as simple as possible. To achieve this capability, our application ...read more
Feb / 14 / 2017
Trends for Travel & Hospitality
The travel industry is one of today’s most exciting and rapidly growing business sectors. Web-based companies like Expedia, Booking.com and Hotels.com have made booking and buying travel easier than ever before. For travel companies, 2016 was an exciting year with dynamic changes, aggressive growth, and continuous success.
To put it simply, travel ...read more
Jul / 6 / 2016
The Benefits of Automating Employee Expense Reconciliation
Employee expense management is better than ever, but full control over the process requires reconciliation, too.
Employee expenses, or the costs related with tasks performed by an employee for an employer, are nothing new in the business world. These common expenses are employee-generated transactions associated with business travel, ...read more
Feb / 23 / 2016
How to Own Self-Sufficient Reconciliation Processes For Your Business
Self-sufficiency, the ability to supply one’s own needs without external assistance, is essential for any business team which strives to maintain control of its operations, without being overly dependent on external parties. This is especially true for businesses that have to process a large volume of transactions from multiple internal ...read more
Oct / 14 / 2015
The Struggles with Credit Card Recs Solved
These days it seems like we are receiving more and more requests to help with the automation and streamlining of credit card reconciliation. As a platform historically rooted in principles such as the ability to handle large data volumes, various and ...read more