Tag: Operational Efficiencies

Journal entry (JE) is an essential element of the accounting craft. ReconArt, as a comprehensive account reconciliation solution, provides functionalities for journal entry creation ...

Recon Data Factory (RDF), an integration and data validation hub, takes end-to-end reconciliation automation to a new level. What does this mean for current and future ReconArt customers? As we have often said – we listen to our users very carefully. It ...

The UK Financial Conduct Authority (the FCA) regulates more than 50 thousand financial institutions (brokers, investment banks, custodians) which hold or control client money and custody assets or are involved in debt management. Each of them must make sure to comply with the FCA Client Asset ...

Covid 19 has presented both threats and opportunities to the ecommerce industry As the pandemic spread, so did a joke – across social media: Who drives the digital transformation efforts in your company? A. CEO ...

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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 parties. This is especially true for businesses that have to process a large volume of transactions from multiple internal ...

It is crucially important that all organizations, which rightly seek financial stability and control, pay careful attention to the need to deploy a robust reconciliation software. The results of failing to do this, with the necessarily high degree of operational detail required, ...