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From industry insights and best practices to the latest technologies, compliance standards, and ReconArt platform updates, we bring it all to you – short and informative

5.3 Billion Transactions Matched in 2020! Here is ReconArt 2020 in facts and figures.

5.3 Billion Transactions Matched in 2020! Here is ReconArt 2020 in facts and figures.

integration

partnership

Head_Insight-Article-15-June-ReconArt

Ecommerce during pandemic and why reconciliation matters

Covid 19 has presented both threats and opportunities to the ecommerce industry As the pandemic spread, so did a joke – across social media: Who drives the digital transformation efforts...

data matching

payments reconciliation

The Role of Automated Reconciliation in Banks’ Digital Transformation

The Role of Automated Reconciliation in Banks’ Digital Transformation

Digital transformation for banks is crucial to retain customers and achieve loyalty in a highly competitive market bustling with new players and features. Ideally, this would mean that every single...

banking

reconciliation automation

How to Reconcile Supplier Invoices – Challenges & Automation Tools for Efficient Vendor Management

How to Reconcile Supplier Invoices – Challenges & Automation Tools for Efficient Vendor Management

What is supplier statement and invoice reconciliation? The process of reconciling a supplier statement and invoice reconciliation in general is quite plain and simple. The Supplier submits a list of...

ETL functionality

invoice reconciliation

Matching Engine – the Heart of a Genuine Reconciliation Tool

Matching Engine – the Heart of a Genuine Reconciliation Tool

A genuine reconciliation tool is not about a pretty face, but all about a mighty heart. The reconciliation space is burgeoning and overcrowded these days. Software solutions promising miracles are...

data matching

ETL functionality

Banking File Formats – Common Types & Their Structure Explained

Banking File Formats – Common Types & Their Structure Explained

Introduction. Digital Transformation in Banking and Financial Data. When it comes to financial data streams, paper as a medium has irreversibly lost the battle with e-formats decades ago. “Digital” does...

ACH

data matching

The Benefits of an Automated Reconciliation Tool for Expanding Businesses.

The Benefits of an Automated Reconciliation Tool for Expanding Businesses. Save Time, Focus on Business Growth.

“Account reconciliation is the process of comparing two sets of records to ensure their balances are correct at the end of the accounting period”, end of the definition. As clear...

excel replacement

reconciliation automation

The Travel Industry in 2019- Trends, Challenges and How Reconciliation Tools Bring Value_

The Travel Industry in 2019: Trends, Challenges and How Reconciliation Tools Bring Value

The travel industry has evolved tremendously in the past decades. Traveling the globe in 80 days might have been a miraculous achievement in the 19th century, but in today‘s hectic...

transaction matching

travel & hospitality

US State Treasury – Reconciling Complexity for the Common Good

US State Treasury – Reconciling Complexity for the Common Good

Government entities such as state treasury institutions, often are among the largest organizations in terms of assets managed and cash turnover. They oversee public funds and are responsible for their gathering, safekeeping,...

bank reconciliation

financial control

How and Why to Pay for Account Reconciliation Tools & Services_

How and Why to Pay for Account Reconciliation Tools & Services

For businesses of any size, keeping on top of finances is a must. Account reconciliation is the process of comparing recorded transactions internally to monthly account records, such as bank...

financial control

reconciliation solution