Account reconciliation often means chasing deadlines and fixing errors, yet many teams still rely on spreadsheets and disjointed tools. ReconArt replaces that with a single web-based platform that automates reconciliation across accounts, cards, payables, receivables, securities, intercompany balances, and journal entries. Fast to deploy and scalable from small teams to global enterprises, it helps industries from banking to e-commerce focus less on errors and more on strategic analysis.
ReconArt brings data from any ERP, general ledger, core banking system, or external source into one secure hub through native file ingestion, a public API, and the Recon Data Factory, which connects to Dropbox, OneDrive, Google Drive, Amazon S3, and direct bank feeds. System-agnostic by design, it links seamlessly with ERPs, workflow tools, data lakes, and enterprise schedulers, all protected by token-based authentication and encrypted channels.
Rule-driven matching, AI-guided mapping, and a live exception tagging process handle high-volume transactions across bank statements, PSP files, invoices, payments, Nostro/Vostro accounts, securities, and intercompany trades. An OpenAI-powered assistant lets users build templates in plain language. The payoff is faster closes and cleaner audits, with centralised balance-sheet accounts, variance alerts, real-time task tracking, and automated journal entries moving through approvals with a complete, searchable log.
ReconArt exists because finance deserved a better way. By fusing modern web technology with reconciliation best practice, we empower teams worldwide to turn high-volume accounting challenges into transparent, audit-ready precision. — Hristo Marintchev, President
ReconArt covers reconciliation end-to-end. Its universal bank module handles one-to-one, one-to-many, and many-to-many matches across CSV, XLSX, BAI, ACH, SWIFT MT, and camt.053 files. The credit-card engine syncs statements, gateway reports, bank feeds, and expense data for multi-step matching that spots chargebacks and fraud. Invoices are automatically paired with payments, overdue items are flagged instantly, and clean journal entries are pushed into sub-ledgers. Securities, positions, and trades are reconciled intraday across custodians and brokers, while intercompany balances are pulled from every ledger with automated eliminations to shorten the consolidated close.
NetSuite users benefit from a SuiteApp-certified Total Reconciliation Lifecycle that manages multi-way logic, high-volume matches, and complex formats. ReconArt strengthens this with two major releases a year, client-driven enhancements, and performance upgrades at no extra cost.
Security underpins everything: data sits in Tier 4, SSAE 16–compliant centers and is safeguarded by standards covering payment cards, healthcare records, and international privacy laws, with attestations available under NDA. Deployments are quick because the platform ships ready to use, relies on admin configuration instead of custom code, and follows a fixed-cost model. A support portal delivers upgrades, release notes, and guides instantly, so teams stay current without chasing downloads or scheduling installs.
That strength now powers millions of reconciliations for clients from start-ups to global banks, treasuries, and household brands. The largest installations reconcile thousands of accounts and more than a million transactions daily across hundreds of users, proving the platform scales without limits.
The Reconciliation Maturity Model shows finance leaders where they stand and the milestones toward fully AI-powered automation. ReconArt aligns its roadmap with these stages, letting customers adopt features at their own pace while retiring spreadsheets for good.
ReconArt’s results drive loyalty. First National Bankers Bank cut daily cash reconciliation by 80%, Nedbank Mozambique streamlined transaction matching, and companies like Munro Footwear Group, CA Auto Finance UK, and MiFinity improved high-volume workflows. TransferGo and WorldRemit reconcile global remittances and post NetSuite journals automatically, while healthcare providers, New South Wales Treasury Corporation, Think Money Group, Harmoney, Audubon Engineering, Quikrete, Holiday Extras, Gathern, and Premier Credit all centralize reconciliations, strengthen compliance, and speed up close cycles.
To support this diversity, ReconArt offers Essentials, Plus, Certify, Close, and Enterprise editions—scaling to ultra-high volumes and strict regulatory needs. Deep integrations, such as a Mambu API for real-time bank reconciliation, remove fragile file transfers. Its philosophy remains consistent: keep the platform easy for business users, keep costs predictable, and reinvest continuously. With a clear roadmap, strong security, and proven scalability, ReconArt helps finance teams achieve accuracy, control, and lasting peace of mind.