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ReconArt 

Tag: Reconciliation Solution

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Jan / 6 / 2025

What makes ReconArt the ultimate all-in-one solution for financial reconciliation

Managing financial reconciliation across different function and departments can be a challenging process for organizations of any size. Navigating workflows, handling supporting documentation, and integrating data from various sources demands a solution that is both robust and flexible. Most account reconciliation solutions are tailored for a specific ...

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Sep / 8 / 2024

ReconArt introduces AI Assistant feature in its account reconciliation solution

Alexandria, VA – September 9, 2024 – ReconArt, a leading provider of financial reconciliation software, is excited to announce the introduction of ReconArt AI Assistant, a new feature designed to revolutionize the way users create and optimize rules within the platform. ReconArt AI Assistant, powered by OpenAI, ...

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Apr / 25 / 2024

How to choose your reconciliation software wisely

Reconciliation software solves a long-standing need for automation of key data matching and financial close processes. As soon as organizations set their mind on implementing such a solution, they contemplate on the requirements and their prioritization. However, decision makers can get mired in petty technicalities and lose sight of the important ...

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Apr / 4 / 2024

How to boost matching success without trading off accuracy

Reconciliation professionals evaluating reconciliation software have high expectations about the benefits and capabilities of their solution. Their top priority is to ensure that the software demonstrates outstanding efficiency measured by matching success rates. Claims that 99.9% success rates must be well substantiated with technology that exclude ...

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Mar / 22 / 2023

Trust and transparency: the challenges around reconciliation of cryptocurrency transactions

How cryptocurrency works The famous Bitcoin (and cryptocurrency, for that matter) definition ascribed to John Oliver says: “Everything you don’t understand about money, combined with everything you don’t know about computers.” The prolific rise in interest in the world of cryptocurrencies and digital assets have changed the way consumers ...

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Dec / 17 / 2021

Data reconciliation software: a decade of lessons learned from end users

A special ReconArt feature first published on Bobsguide – the ultimate fintech resource, an innovative online platform that connects the providers of fintech solutions with the financial services professionals who need them. Read the article here ...

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Dec / 17 / 2021

ReconArt is expanding partnership networks in Asia Pacific in 2021

ReconArt, a global leader in enterprise data reconciliation and financial close management solutions, has been actively expanding its partnership connections across the Asia-Pacific region in 2021. ReconArt’s cutting edge transaction matching and account reconciliation platform is gaining visibility and acclamations among financial management consultants ...

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Sep / 29 / 2021

Q&A: Financial data reconciliation – new mindset, new technology

A special ReconArt feature first published on Bobsguide – the ultimate fintech resource, an innovative online platform that connects the providers of fintech solutions with the financial services professionals who need them. ...

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Feb / 10 / 2021

Business analytics joins forces with reconciliation solutions for efficient decision making

A special ReconArt feature first published on Bobsguide – the ultimate fintech resource, an innovative online platform that connects the providers of fintech solutions with the financial ...

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Feb / 25 / 2020

How to Reconcile Supplier Invoices – Challenges & Automation Tools for Efficient Vendor Management

What is supplier statement and invoice reconciliation? The process of reconciling a supplier statement and invoice reconciliation in general is quite plain and simple. The Supplier submits a list of transactions and the outstanding ...

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Oct / 14 / 2015

The Struggles with Credit Card Recs Solved

These days it seems like we are receiving more and more requests to help with the automation and streamlining of credit card reconciliation. As a platform historically rooted ...

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Jul / 31 / 2015

The Benefits of Implementing a ReconArt Reconciliation Solution: An Infographic

ReconArt is a sophisticated Reconciliation Automation Tool which can bring cost and time savings, reduced financial risk, and efficiency into the accounting & reporting functions of your company. The benefits at a glance: ...

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Feb / 23 / 2015

Reconciliation in Bank and Financial Institutions

A detailed knowledge of reconciliation processes in bank and financial institutions (FIs) is a core competency at ReconArt, yet it never ceases to amaze us how every client’s focus is on a different ...

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Let’s Talk Reconciliation in Bank and Financial Institutions

Case Study

Banco Unico (now Nedbank Mozambique)

Banco Unico (now Nedbank Mozambique)

Industry: Banking
Focus: Complex Transaction Matching, Journal Entries

Banco Unico (now Nedbank Mozambique), the fifth largest bank in Mozambique, has earned a reputation of an innovative, dynamic and client oriented financial institution

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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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