+
+

Related Products

  • Xero
    5,567 Ratings
    Visit Website
  • Sage Intacct
    7,935 Ratings
    Visit Website
  • FISPAN
    5 Ratings
    Visit Website
  • Zahara
    34 Ratings
    Visit Website
  • Juspay
    15 Ratings
    Visit Website
  • SAP S/4HANA Cloud Public Edition
    3,487 Ratings
    Visit Website
  • RunMyJobs by Redwood
    299 Ratings
    Visit Website
  • Clazar
    86 Ratings
    Visit Website
  • optivalue.ai
    3 Ratings
    Visit Website
  • Odoo
    1,635 Ratings
    Visit Website

About

A reconciliation should begin with comparing the General Ledger closing balance to the sub-ledger or other relevant sources (such as bank statements or other third-party documents). Differences between the two need to be investigated, quantified, and where possible, resolved by posting correcting journals to the general ledger or sub-ledger as required. Anomalies should be recorded as reconciling items to provide visibility. The balances should match and be fully supported with all documentation attached to the reconciliation. The review process ensures the reconciliation is complete, and you can also add a layer to approve the reconciliation being complete. A framework and a standardised process go a long way to improve the reconciliation process each month-end.

About

ReconArt is an enterprise-class fully web-based platform designed for end-to-end automation and integrated management of all data reconciliation processes. Our reconciliation software solution leverages best practices and technology in line with the digital transformation trends in finance & accounting. ReconArt’s integrated functionality supports all aspects of the reconciliation lifecycle : from administrative management and data integration, to robust transactional matching & exception management technology, to comprehensive, fully auditable balance sheet reconciliation, and other supporting functionality such as journal approvals and variance analysis. Through all this user-owned functionality, ReconArt supports any type of reconciliation, including but not limited to bank accounts, credit card, payments, GL/suspense, AR/AP, ledger to sub-ledger, intercompany, trades and positions, balance sheet.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Audit solution for companies

Audience

Companies of all sizes

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

$300/month/user
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

RecWise
Founded: 2017
Australia
www.recwise.com

Company Information

ReconArt
Founded: 2008
United States
www.reconart.com

Alternatives

Alternatives

ReconXpert

ReconXpert

Sydel Corporation
Onex Recon

Onex Recon

Osource Global
Iridium BI

Iridium BI

Iridium Technology
ReconXpert

ReconXpert

Sydel Corporation

Categories

Categories

Audit Features

Alerts / Notifications
Audit Planning
Compliance Management
Dashboard
Exceptions Management
Forms Management
Issue Management
Mobile Access
Multi-Year Planning
Risk Assessment
Workflow Management

Accounting Features

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
Cash Management
CPA Firms
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Integrations

NetSuite

Integrations

NetSuite
Claim RecWise and update features and information
Claim RecWise and update features and information
Claim ReconArt and update features and information
Claim ReconArt and update features and information