Feb / 7 / 2024
How to create and control journal entry in account reconciliation
Journal entry (JE) is an essential element of the accounting craft. ReconArt, as a comprehensive account reconciliation solution, provides functionalities for journal entry creation ...
read moreJul / 14 / 2023
Recon Data Factory, an integration and data validation hub, is now live with the ReconArt reconciliation solution
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 ...
read moreJul / 29 / 2022
CASS compliance needs automated reconciliations
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 ...
read moreDec / 14 / 2020
Ecommerce during pandemic and why reconciliation matters
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 ...
read moreFeb / 23 / 2016
How to Own Self-Sufficient Reconciliation Processes For Your Business
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 ...
read moreJul / 12 / 2014
Implementing Reconciliation Software – The Business Case Made
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, ...
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