ReconArt Account Reconciliation Case Studies

Customer success stories and more

We’ve developed some great relationships and our software is helping customers around the globe.

Read from our growing portfolio of customer success stories.

MiFinity allows users to open an account on the platform, link their preferred payment channel for deposit and withdrawal purposes, and shop online easily, receive funds, or send money globally.

MiFinity automates payments reconciliation and financial reporting with ReconArt

Industry:

Payments & Financial Services

Focus:

Complex transaction matching, cash position control

Gathern is a P2P marketplace for vacation rentals and the first business of its kind licensed in the Kingdom of Saudi Arabia.

ReconArt enables full automation of account reconciliation in travel & hospitality for Gathern

Industry:

Travel & Hospitality

Focus:

Bank reconciliation, 3-way payments matching, MS Dynamics integration

Progressive Credit is a microfinance organization founded in 2011. The company operates in 27 branches across Kenya with the mission to design innovative credit product tailored for consumers & SME.

Progressive Credit Kenya: automation of daily bank reconciliations in the microfinance business

Industry:

Financial Services, Lending

Focus:

Bank reconciliation, streamlined exceptions management

1-800-PACK-RAT is an industry leader in portable storage and moving, who provides US customers and businesses with solutions for on-site storage, warehouse storage, local or long-distance moving.

1-800-PACK-RAT: bank reconciliation with ReconArt

Industry:

Moving and storage

Focus:

Bank, credit card, GL reconciliations with multiple data sources

RedCloud, HQ in the UK, has developed a digital ecosystem for order & inventory management, cashless payments, customer engagement. The platform is leveraged by small & local FMCG businesses globally.

RedCloud

Industry:

Technology

Focus:

Bank reconciliation, streamlined exceptions management, multiple data sources

Founded on May 22, 1940 in Columbus, Ohio, Quikrete is the largest manufacturer of packaged concrete and cement mixes in North America.

Quikrete

Industry:

Manufacturing

Focus:

Automated bank reconciliation, efficient exceptions management

Banco Unico (now Nedbank Mozambique), the fifth largest bank in Mozambique, has earned a reputation of an innovative, dynamic and client oriented financial institution

Banco Unico (now Nedbank Mozambique)

Industry:

Banking

Focus:

Complex Transaction Matching, Journal Entries

Calgary Co-op is a member owned retailer operating food, pharmaceutical, petroleum, home health care, liquor, and cannabis outlets. Founded in 1956 in Calgary, Alberta, Canada.

Calgary Co-op

Industry:

Retail

Focus:

Credit Card Reconciliation, Exceptions Reporting

The fast-growing, online remittance company operates in 50+ countries and enables customers to send money to friends and family living abroad through a modern online platform.

WorldRemit Inc.

Industry:

Payment Services

Focus:

High volume, Enterprise-wide Recs

Harmoney is New Zealand's leading peer-to-peer lending platform that matches borrowers with investors to provide everyone with a better deal.

Harmoney

Industry:

Finance, Financial Services, Lending

Focus:

Compliance for Custodians, Exceptions Control

Rain City Capital was able to exponentially speed up their reconciliation process and eliminate the opportunity for error by leveraging ReconArt’s powerful automation features.

Rain City Capital

Industry:

Lending

Focus:

Bank Recs, Time Savings

Today Fiesta operates 125 franchise storefronts that provide insurance and tax preparation services mainly to Hispanic communities within the United States.

Fiesta Insurance

Industry:

Insurance

Focus:

Bank Recs, ROI

TCorp is also a manager of clients’ asset and liability portfolios, providing financial risk management and investment management services to the NSW Government and its constituent businesses.

New South Wales Treasury Corporation

Industry:

Government

Focus:

Risk Management, Time Savings

TransferGo is an innovative platform for international money transfers.

TransferGo

Industry:

Payments

Focus:

Bank Reconciliation, AP Recs

Think Money Group is an innovative financial services business based in Trafford Park in Manchester, England.

Think Money Group / Gregory Pennington

Industry:

Finance

Focus:

Client Asset Recs, FCA Compliance

Holiday Extrasis among the UK’s travel industry market leaders, offering bookings such as airport hotels, airport lounges, airports by rail and coach, car hire and holiday insurance packages.

Holiday Extras

Industry:

Travel & Leisure

Focus:

AP Recs, Multiple Data Sources

TekSavvy provides residential and commercial internet and home phone services and more recently has developed a fixed wireless network which is used to provide high-speed internet access.

TekSavvy

Industry:

Telecommunications

Focus:

Month-end Auditability, Streamlining

Premier Credit Limited is a microfinance company established in 2013 to provide credit only financial solutions to small and microfinance entrepreneurs in East Africa.

Premier Credit: bank reconciliation with ReconArt

Industry:

Finance, Financial Services, Lending

Focus:

Multiple Bank Sources, Automation, Mambu integration

Today Audubon is comprised of four affiliates, which include Audubon Engineering, Audubon Field Services, Cimation, and Affinity.

Audubon Engineering

Industry:

Engineering

Focus:

Bank and Cash Recs, Efficiency

First National Bankers Bank (FNBB), headquartered in Baton Rouge, Louisiana, was chartered as the first national Bankers Bank in the United States in 1984.

First National Bankers Bank

Industry:

Banking

Focus:

Fed and Correspondent Bank Recs

The Client is an online bank – a new generation banking institution that strives to make a difference through technology.

Case Study: New Generation Online Bank

Industry:

Banking

Focus:

Large volume transaction matching, risk management

A global, cloud-based, financial management and HR solution provider founded in 2005.

Case Study: Enterprise Technology Provider

Industry:

Technology

Focus:

Employee expenses & credit card reconciliation

Exciting, unique, high-growth company providing a peer-to-peer platform which connects buyers and sellers to facilitate the exchange of authenticated, collectible goods.

Case Study: E-Commerce

Industry:

E-Commerce

Focus:

High volume of transactions, time savings, cash flow visibility

A well-established university in New Zealand with a history of more than 140 year, eight faculties over six campuses and over 40,000 students.

Case study: ReconArt balance sheet reconciliation for higher education

Industry:

Education

Focus:

Month-end Efficiency, Increased Visibility

Australian healthcare service provider made up of a number of established businesses that have been delivering health services to more than five million people over the last 25 years.

Case study: ReconArt AR reconciliation for healthcare

Industry:

Healthcare

Focus:

AR reconciliation, Enhanced Control on Journals, NetSuite integration

With rapid growth came the need to optimize operations and strengthen internal controls. ReconArt supports automated Fed recs and cash account reconciliations.

US bank transforms ACH and Fed reconciliations with ReconArt

Industry:

Banking

Focus:

ACH, cash account, Fed reconciliations

Standardization and automation of period-end processes are the stepping stones to efficient financial close management.

ReconArt automates balance sheet reconciliation and account certification for a US bank

Industry:

Banking

Focus:

Balance sheet reconciliation & account certification

A community bank with a century-long history and a broad footprint in the south-west of the US streamlines transaction matching and account reconciliation.