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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

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The Benefits of Automating Employee Expense Reconciliation

Employee expense management is better than ever, but full control over the process requires reconciliation, too. The costs related with tasks performed by an employee for an employer, are nothing new...

credit card reconciliation

financial control

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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...

best practice reconciliation

reconciliation automation

The Struggles with Credit Card Recs Solved

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...

credit card reconciliation

reconciliation automation

Fastest Growers Leverage SaaS

Fastest Growers Leverage SaaS Account Reconciliations

Although it has been touted for many years as a pending revolution in how IT and business services are delivered, only recently has “the cloud” been embraced broadly as part...

best practice reconciliation

SaaS

Challenges of Reconciliation for Payments Businesses

Challenges of Reconciliation for Payments Businesses

We are all familiar with reconciling outgoing payments against our bank accounts. That is simple enough. For the most part these are expenses. You know who the recipient is and...

payments reconciliation

transaction matching

The Trouble With Transformation

The Trouble With Transformation

In my last blog post, I noted that many organizations are choosing to invest in their system solution portfolios. I outlined some rules to help guide you to a “modern”...

maturity model

reconciliation automation

ReconArt – Not Just a Buzz Word

ReconArt – Not Just a Buzz Word

Introducing ReconArt to a prospective client for the first time is always an exciting experience. No matter whether we are talking to a multi-billion dollar bank considering hundreds of users...

reconciliation solution

scalability

Finding-the-Modern-Reconciliation-Financial-Close-Software-Solution

Finding the “Modern” Reconciliation & Financial Close Software Solution

There is something of a change afoot. We are on a wave that has many businesses looking to reinvest in their systems and processes. This interest is especially true in...

financial close

Financial reconciliation

Reconciliation in Bank and Financial Institutions

Reconciliation in Bank and Financial Institutions

A detailed knowledge of reconciliation processes in bank and financial institutions (FIs) is a core competency at ReconArt, yet it never ceases to amaze us how every client’s focus is...

banking

Financial reconciliation

The FCA PS14/9 regulations: Coming, Ready or Not

The FCA PS14/9 regulations: Coming, Ready or Not

The United Kingdom’s Financial Conduct Authority (FCA) regulation PS14/9 related to custody assets and client money has a backstop for implementation of 1 June 2015. Compliance with the rules in...

auditability

CASS compliance