As one of ReconArt’s first key expertise areas, we have brought significant innovation into the international banking space. Whereas legacy solutions rely on single-sided, stale, client-server and batch-based models, ReconArt has excelled by offering next generation bank reconciliation software. The complexity of this industry coupled with the tight regulatory requirements that govern it have long been an inspiration for some of ReconArt’s most powerful functionality.
ReconArt covers the entire Bank Reconciliation Lifecycle – from high volume transactional
VP, Operations Manager
First National Bankers Bank
Designed to reside 100% in the business-banking layer, our solution delivers unprecedented speed, accuracy, insight and control to your financial integrity management processes.
ReconArt has established best practices in all of these account types and has standardized setup. This makes adding new accounts and types of reconciliations a simple business-owned task rather than a slow and costly endeavor involving IT and specialty resources.
Here is a sampling of account reconciliation types that are supported out-of-the-box in our consolidated web-based application.
- GL Suspense Reconciliation
- ATM and Teller Cash Reconciliation
- Due From and Due To Reconciliations
- Central Bank
- Federal Reserve Reconciliation (Fed Rec)
- Credit Cards
- Mortgage Loans and Fees Reconciliation
- Positions, Trades and Cash Reconciliations
- Stock and Bonds Positions
- Trade Reconciliations
- Mark-to-Market and treasury tools
- Merchant Accounts
- Gateway activities
Implementing ReconArt’s bank reconciliation lifecycle software is fast and risk free. Most
Marco van Bakel
Both cloud-hosted and in-house options are available utilizing the same totally web based, zero client footprint implementation.
Our banking clients who use our bank reconciliation lifecycle software range from small to large regional and national Banks, Credit Unions, Private Banks and Trusts, International Banking groups, Banker’s Banks, and Electronic Internet Banks. Despite sharing many core similarities, each financial institution carries its own unique needs and challenges. We are committed to serving this industry group by providing an evolving and continuously maturing solution.
Want to learn more? Don’t hesitate to contact us today.