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ReconArt Reviews & Product Details

ReconArt Overview

What is ReconArt?

ReconArt is a single-solution technology company providing an automated, fully web-based reconciliation solution to a diverse, global client base. Our reconciliation software delivers high volume transaction matching, exceptions management, reporting and analytics, period end closing, certification, journals and variance analysis. Common business scenarios that we handle: bank reconciliation, credit cart reconciliation, balance sheet reconciliation and close, accounts payables & accounts receivables reconciliation.

ReconArt Details
Languages Supported
English
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Product Description

ReconArt delivers the next generation, zero compromise, future proof Reconciliation and Financial Close Management solution to a diverse and growing client-base around the globe

How do you position yourself against your competitors?

Very quick to implement. Extremely flexible. Tremendously intuitive. Completely scalable. Meant to be completely business-owned.


Seller Details
Year Founded
2008
HQ Location
Alexandria, VA
Twitter
@reconart
797 Twitter followers
LinkedIn® Page
www.linkedin.com
50 employees on LinkedIn®

Verified User
G
Overview Provided by:
Vice President, Business Solutions at ReconArt

Recent ReconArt Reviews

VA
Vanessa A.Mid-Market (51-1000 emp.)
3.0 out of 5
"ReconArt Review"
For our company ReconArt helps easily clear off items that are a one to one match. It helps to be able to set up rules for ongoing transactions we ...
Verified User
U
Verified UserMid-Market (51-1000 emp.)
3.5 out of 5
"Good reconciliation tool"
This is a powerful tool. We have just started to use ReconArt and are excited to maximize it to the full potential. It has saved a lot of time with...
Verified User
U
Verified UserMid-Market (51-1000 emp.)
4.0 out of 5
"ReconArt for Reconciliation"
Recon art has allowed us to automate many of our complex reconciliations and we plan to add more reconciliations to our list. The ability to create...
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ReconArt Media

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4 ReconArt Reviews

3.3 out of 5
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4 ReconArt Reviews
3.3 out of 5
4 ReconArt Reviews
3.3 out of 5
G2 reviews are authentic and verified.
VA
Accounting
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about ReconArt?

For our company ReconArt helps easily clear off items that are a one to one match. It helps to be able to set up rules for ongoing transactions we have and this helps save time. Review collected by and hosted on G2.com.

What do you dislike about ReconArt?

It is difficult to be able to pull back uploaded data, if there were errors, or clearings that shouldn't have happened. Once the data is loaded seems like more of a challenge to pull it back out, but once we reverse the transactions that does help. Review collected by and hosted on G2.com.

Recommendations to others considering ReconArt:

It is a nice tool to have for recon's especially ones that have repetitive data you can easily have those items cleared off and create rules. Review collected by and hosted on G2.com.

What problems is ReconArt solving and how is that benefiting you?

It has helped us finish recons much faster then doing them manually by ourselves. We have many repetitive recons that this will help make go faster and make more efficient. Review collected by and hosted on G2.com.

Verified User in Health, Wellness and Fitness
UH
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about ReconArt?

Recon art has allowed us to automate many of our complex reconciliations and we plan to add more reconciliations to our list. The ability to create custom auto rules and import data from many sources allows a lot of great solutions. Review collected by and hosted on G2.com.

What do you dislike about ReconArt?

Some rules are difficult to create and have run/match transactions successfully. Our IT team typically has to be involved in this process which is fine but means implementation of new recons & matching rules can be slow... Review collected by and hosted on G2.com.

Recommendations to others considering ReconArt:

This is a useful tool that can save time, match complex transaction types, automate and improve processes. We plan to add many more processes into ReconArt! Review collected by and hosted on G2.com.

What problems is ReconArt solving and how is that benefiting you?

cash clearing issues are resolved daily rather than waiting for the full month end reconciliation which has reduced/ caught errors much faster and allows us to resolve them within the period. Manual matching is time consuming but with recon art it has allowed big time savings and accuracy. Review collected by and hosted on G2.com.

Verified User in Insurance
UI
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about ReconArt?

This is a powerful tool. We have just started to use ReconArt and are excited to maximize it to the full potential. It has saved a lot of time with processes that were very manual and can be automated. Review collected by and hosted on G2.com.

What do you dislike about ReconArt?

Not intuitive for end users. It can be a bit intimidating for them when they first start using the program. Review collected by and hosted on G2.com.

What problems is ReconArt solving and how is that benefiting you?

Complex matching and reconciliations. We use this for bank, corporate card and other reconciliations that have large amounts of data that need to be matched. What took hours before to match off is now done in minutes, or automatically. Review collected by and hosted on G2.com.

Verified User in Human Resources
AH
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about ReconArt?

The matching logic is intuitive and the system is easy to learn in a limited capacity (i.e. for simple bank reconciliations the software works well) Review collected by and hosted on G2.com.

What do you dislike about ReconArt?

Our match rules were a bit too complex for Reconart to handle and we did not have adequate implementation support to get the software fully up and running for our needs. Review collected by and hosted on G2.com.

What problems is ReconArt solving and how is that benefiting you?

We stopped using Reconart after six months of attempting to implement the software but never going fully live with the product. Review collected by and hosted on G2.com.

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