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ReconArt Triples In Size During 2012

What a year 2012 was for ReconArt.

Like so many of our customers, our finance team was busy last month pulling together all the final numbers for 2012, while many of us here at ReconArt have been focused on the year ahead. We have been vigorously executing our new plans for 2013 based upon client feedback.  We have been assessing various new markets – both industry-focused and geographic.  We have been finalizing longer term strategies to ensure that we continue to offer the best, most modern, most complete and, as importantly, most easily available reconciliation platform on the market.  This is necessary, heavy and exciting stuff.  So nothing pleased me more that receiving earlier this week a copy of our financial statistics for 2012. These confirmed what we already instinctively knew, and justified our immense optimism for 2013.

Why?  In summary ReconArt ended 2012 with roughly three times as many clients as the year before.  That’s 3x, a tripling of ReconArt’s highly valued customer base – many of them household names in their respective geographies.  And this was achieved in the middle of a continuing global economic downturn.

We saw new customers joining us across all parts of the world: from Asia Pac, Europe and North America.  We saw multiple businesses ditching high-cost-of-ownership, legacy, client-server software from our competitors for the much more efficient, 100% web-based ReconArt™ solution.  We enabled our customers with the solution to address all of their reconciliation needs within a single, integrated platform.  We welcomed new business partners who came on board in different regions gaining a competitive edge by offering the ReconArt™ platform to their clients as part of their broader solution set.

So yes, ReconArt ended 2012 wonderfully filled with enthusiasm for our new customers and business partners.  And we start what will be an amazing 2013 with the confidence and resources to make sure we offer them the very best customer experience and Total Reconciliation Lifecycle™ solution on the market today and for very many years to come.


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