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Tag: Account Certification

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Mar / 25 / 2025

What is account certification: the five-minute guide

Account certification revisits balance sheet accounts at period-end and confirms the balances in a standardized manner. The process underpins accurate and transparent financial reporting. Errors in financial statements can lead to regulatory penalties, misinformed decisions, and a loss of stakeholder trust. Account certification is a formal component ...

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Aug / 1 / 2022

SOX compliance requires solid reconciliations

The Sarbanes-Oxley Act of 2002 (SOX) is a fundamental piece of US legislation which introduces enhanced financial disclosure for publicly traded companies. It imposes standards for financial reporting to protect investors from false or misleading representation of companies’ ...

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Jun / 15 / 2021

Managing the financial close: Traditional challenges and challenging tradition

Even without being acquainted with the craft of accountants, many have picked up stories about the gravity of the financial close. A nerve-racking event which takes place every year-end and originates numerous anecdotes and memes. What is financial close? ...

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Aug / 9 / 2012

Optimizing Period End GL Balance Sheet Account Reconciliation

Evolution of account reconciliation solutions Software solutions dealing with account reconciliation have been around since the 1960s.  Originally developed on mainframes, they were designed to automate the ‘ticking and tying’ of transactions ...

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Case Study

Holiday Extras

Holiday Extras

Industry: Travel & Leisure
Focus: AP Recs, Multiple Data Sources

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.

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ReconArt Customers

Here are some of the customers who leverage our reconciliation software to automate their reconciliation and close processes.

Soyven
Gathern
Navan
Klar
Daikin
Expedia
Umpqua bank
Calgary co op B&W
deVolksbank
Nedbank
Asos
Fiat Chrysler
Ferratum
Quikrete
New York City Department of Finance
Worldremit
Bill
Catalyst
Xendit
Agency Insurance Company
MidFlorida Credit Union
Sparkasse Bank Malta

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