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ReconArt

ReconArt is a financial reconciliation platform that automates work from transaction matching through balance-sheet certification.

Place
#3 of 17
Score
7.1
ReconArt's website

What ReconArt is

ReconArt is a financial reconciliation platform that automates work from transaction matching through balance-sheet certification. Its configurable engine handles 1:1, 1:many, and many:many matches using tolerance and threshold rules. Coverage includes bank, card, payment, AP/AR, intercompany, securities and positions, and balance-sheet reconciliations, with exception workflows, certification workflows, multi-entity support, and approval controls. ReconArt runs as browser-based SaaS or through cloud, on-premises, or hybrid deployment. Recon Data Factory schedules inbound files from SFTP, Dropbox, OneDrive, Google Drive, or Amazon S3 and validates them against import templates. IntelliDoc adds AI-powered OCR and document ingestion; the site claims 98% accuracy on unstructured PDFs. Listed integrations include Temenos, Mambu, NetSuite, Kafka, Solana, and Plaid, plus a public API. ReconArt states ISO/IEC 27001 certification and describes role-based controls, audit trails, and encrypted transfers. Annual plan prices are not published; implementation packages are 60 or 80 hours, and Enterprise pricing is on request.

Good

  • Configurable matching supports multiple relationship patterns
  • Covers many reconciliation and close workflows
  • Offers cloud, on-premises, and hybrid deployment
  • Includes scheduled file ingestion and validation
  • Provides role-based controls and audit trails

Watch out

  • No published plan prices
  • Implementation packages require 60 or 80 hours
  • Enterprise pricing is available on request

Who it suits

ReconArt is aimed at organizations handling complex or high-volume reconciliation and close operations. Its enterprise edition targets large companies, banks, conglomerates, government agencies, and similar organizations.

Verdict

ReconArt provides broad reconciliation coverage with configurable matching, workflow controls, and several deployment models. It is most suitable where financial operations need integrations, auditability, and high-volume processing.

Plans and prices

From ReconArt's own pricing page, checked 15 Oct 2026.

All about pricing
PlanPriceWhat it gives you
Basic (directory listing)$300 a monthdirectory-listed basic tier; vendor pricing varies · per user per month
Certify—period-end balance-sheet reconciliation · configurable approval workflow · complete audit trail · automation · reports · annual subscription; contact vendor
Close—choose at least 2 close modules · audit readiness · multiple roles · dashboards and reports · annual subscription; contact vendor
EnterprisePriced on requestEnterprise edition · custom SLA · dedicated support · Contact ReconArt for pricing
Essentials—25 million transactions/year · full transaction matching · exception management · process automation · reports · support · annual subscription; contact vendor
Plus—50 million transactions/year · Essentials features · balance-sheet reconciliation and certification · annual subscription; contact vendor

The facts

Each one read from ReconArt's own pages, with the date it was checked.

What it does

AI Assistant
Version 3.2 introduced an OpenAI-powered assistant that generates import/export rules from natural-language instructions; the initial release was English-only.checked 15 Oct 2026
AI documents
ReconArt IntelliDoc provides AI-powered OCR and document ingestion, and the site claims 98% accuracy on unstructured PDFs.checked 29 Sep 2026
Authentication
The security page describes Active Directory and IAM single sign-on plus standalone encrypted-password authentication.checked 15 Oct 2026
Bank reconciliation
Bank reconciliation accepts CSV, XLSX, TXT, XML, BAI, ACH, SWIFT MT, camt.053, FIRD and custom formats.checked 15 Oct 2026
Data transfers
Recon Data Factory can schedule inbound file pulls from SFTP and Dropbox, OneDrive, Google Drive, or Amazon S3, and validate files against import templates.checked 29 Sep 2026
Deployment
ReconArt is browser-accessible without a client installation and can be deployed as SaaS, in the cloud or on customer premises.checked 15 Oct 2026
Documentation
The public site exposes marketing-level API and integration descriptions, but no public SDK or detailed API reference was identified.checked 15 Oct 2026
Enterprise controls
The enterprise edition page lists Active Directory, single sign-on, dedicated servers, and support for SOX, FCA CASS, HIPAA, SOC 2, GDPR, and DORA requirements.checked 29 Sep 2026
Financial close
Close capabilities include balance-sheet certification, journal approvals, variance analysis and period-end task management.checked 15 Oct 2026
Funding record
Crunchbase records one investment by ReconArt in ThingsLog's January 14, 2022 seed round; the amount is not shown.checked 15 Oct 2026
Hosting controls
Hosted environments are described as using a Tier 4 SSAE16 data center, network monitoring, vulnerability scanning, patching, malware protection and encrypted backups.checked 15 Oct 2026
Integrations
Listed prebuilt connections include Temenos, Mambu, NetSuite, Kafka, Solana and Plaid.checked 15 Oct 2026
IntelliDoc
IntelliDoc provides AI OCR and document extraction, with the homepage claiming 98% accuracy on unstructured PDFs.checked 15 Oct 2026
Intended customers
The enterprise edition targets Fortune 1000 companies, tier-1 banks, global conglomerates, government agencies, and organizations with complex or high-volume operations.checked 29 Sep 2026
Legal entity
The official site identifies the maker as RECONART INC.checked 15 Oct 2026
Licence
Official materials describe edition-based annual commercial subscriptions and do not identify an open-source licence.checked 15 Oct 2026
Limit: implementation complexity
G2 reviewers report that complex rules can require IT involvement, slow implementation and sometimes fail to support required matching logic.checked 15 Oct 2026
Limit: pricing transparency
Capterra, GetApp and Software Advice list starting prices or quote prompts, while ReconArt's own plans page publishes no dollar amounts.checked 15 Oct 2026

The company

Company founding
LinkedIn lists 2008 as the founding year, while ReconArt's site says the platform has operated since 2011.checked 15 Oct 2026
Company history
The company describes ReconArt as a financial reconciliation platform operating since 2011.checked 29 Sep 2026
Company ownership
LinkedIn describes ReconArt as privately held, headquartered in Alexandria, Virginia, with 51–200 employees.checked 15 Oct 2026
Founded
2011checked 23 Sep 2026
Headquarters
Arlington, Virginia, USAchecked 23 Sep 2026

Where it runs

Limit: mobile apps
An independent directory states that ReconArt has no Android or iOS app and is delivered through the web.checked 15 Oct 2026

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