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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.
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...
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!
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.