List of ReconArt Financial Close Management Customers
ReconArt Inc.
6462 Little River Turnpike,
Alexandria, 22312-1411, VA,
United States
Alexandria, 22312-1411, VA,
United States
1 855-RECONART
Media
50
$5M
Since 2010, our global team of researchers has been studying ReconArt Financial Close Management customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased ReconArt Financial Close Management for Financial Consolidation and Close from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using ReconArt Financial Close Management for Financial Consolidation and Close include: Asos, a United Kingdom based Retail organisation with 3351 employees and revenues of $4.11 billion, Tripadvisor, a United States based Professional Services organisation with 2850 employees and revenues of $1.79 billion, NSW Treasury, a Australia based Government organisation with 800 employees and revenues of $1.50 billion, Calgary Co-op, a Canada based Retail organisation with 3850 employees and revenues of $1.08 billion, The University of Auckland, a New Zealand based Education organisation with 6446 employees and revenues of $949.0 million and many others.
Contact us if you need a completed and verified list of companies using ReconArt Financial Close Management, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The ReconArt Financial Close Management customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
Apply Filters For Customers
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
Asos | Retail | 3351 | $4.1B | United Kingdom | ReconArt | ReconArt Financial Close Management | Financial Consolidation and Close | 2018 | n/a |
In 2018 Asos implemented ReconArt Financial Close Management to address Financial Consolidation and Close needs across its finance organization. The deployment centered on ReconArt Financial Close Management capabilities such as consolidation, account reconciliation, intercompany elimination, close task orchestration, and audit trail reporting, configured to support period close sequencing and month end governance for corporate finance and accounting teams.
Implementation work included data import and export processes to migrate data from Concur and Reconart to Dynamics 365, and integrations to exchange close and reconciliation datasets with Dynamics 365 F&O to maintain ledger synchronization and propagate close status across systems. Asos ran training sessions to educate new users on best practices for using Dynamics 365 F&O, which supported new operational workflows, reinforced close governance and task ownership, and aligned reconciliation automation with existing finance processes.
|
 |
Audubon Engineering | Professional Services | 1799 | $300M | United States | ReconArt | ReconArt Financial Close Management | Financial Consolidation and Close | 2017 | n/a |
Audubon Engineering implemented ReconArt Financial Close Management in 2017 to address time intensive manual reconciliation workflows and to accelerate cash reconciliations as part of its Financial Consolidation and Close efforts. The initiative targeted faster month end close cycles and more effective controls over bank and cash reconciliations, with the stated objective of finalizing financial close in under five business days.
The ReconArt Financial Close Management deployment included out of the box standard import templates and browser based data mapping and enrichment rules that an administrative user can configure via drag and drop. Matching workflows were configured to run as scheduled automated jobs, to present suggested matches to reconciliers, or to allow manual selection with powerful search and match capabilities. The implementation supported multi level exception resolution, full audit trails of activity assignments and approvals, reminders and exception aging, unlimited documentation attachments, and end to end reconciliation coverage from daily reconciliation statements through period end attestation and GL account certification.
Audubon elected an in house deployment installed in its Houston data center and managed by internal technology resources instead of the ReconArt.net cloud SaaS option, delivering the 100 percent web based ReconArt application via zero footprint browsers to authorized users. ReconArt Financial Close Management was integrated with Audubon’s Microsoft Dynamics ERP solution and with JP Morgan Access treasury and cash management tools to automate bank feeds and reconcile ACH and sweep transfers. The initial operational scope included headquarters finance and treasury teams in Houston with all bank reconciliations automated, and a planned expansion to add international bank accounts and period end GL reconciliation automation across affiliate controllers.
Governance and process changes centered on documented approvals and audited reconciliation workflows to strengthen control and compliance. Outcomes explicitly reported by Audubon included time saved during month end closing, improved reporting, greater matching accuracy, automation of manual reconciliation steps, reduced reconciliation cycle times and cost reductions, and redeployment of staff time toward higher value analysis according to Corporate Controller Jeremy Zamzow.
|
 |
Banco Unico | Banking and Financial Services | 300 | $30M | Mozambique | ReconArt | ReconArt Financial Close Management | Financial Consolidation and Close | 2017 | n/a |
In 2017, Banco Unico implemented ReconArt Financial Close Management, a Financial Consolidation and Close application, to automate daily account reconciliations for its Cards & Digital Channels Team facing rising transaction volumes and complex matching requirements. The bank entered the project with a comprehensive requirements list emphasizing flexible matching relationships, business-owned configuration, and improved auditability.
The implementation began with configuration of two primary reconciliation processes inside the ReconArt environment, each designed to perform automated matching of card transactions in MZN and USD from third-party payment network reports against core banking statement records. ReconArt Financial Close Management was configured to support the specific file formats used by the bank, to import and cleanse data sets automatically, and to perform data enrichment to increase match rates. The solution also accommodated creation of journal entries either prior to matching or as a result of the matching process, and it provided automatic export of those journal entries for downstream accounting use.
Integrations explicitly implemented included ingestion of third-party payment network reporting files and reconciliation with core banking statement records, with outputs routed to exported journal files. Operational coverage centered on the Cards & Digital Channels Team and extended to account administrators, managers, and auditors through a reports library and dashboard visualizations showing outstanding items, aging statistics, match rates, and matched transaction summaries. Email alerts for critical exceptions were configured based on amount and aging thresholds to surface items requiring action.
Governance and workflow changes included enforcing separation of duties via exception notification rules and providing user controls over the level of automated matching to preserve business oversight. The project delivered initial training that enabled the bank reconciliation team to become autonomous ReconArt users immediately after go-live, and the platform was provisioned to allow the bank to construct additional reconciliation processes independently.
Banco Unico reported a smooth implementation and high user satisfaction, describing the ReconArt reconciliation tool as simple to use and business friendly. The bank indicated ongoing adoption plans, deeper exploration of reporting capabilities, and commitment to long-term cooperation with ReconArt as new product releases become available.
|
 |
|
Retail | 3850 | $1.1B | Canada | ReconArt | ReconArt Financial Close Management | Financial Consolidation and Close | 2019 | n/a |
|
|
|
|
Insurance | 90 | $20M | United States | ReconArt | ReconArt Financial Close Management | Financial Consolidation and Close | 2017 | n/a |
|
|
|
|
Banking and Financial Services | 200 | $30M | United States | ReconArt | ReconArt Financial Close Management | Financial Consolidation and Close | 2017 | n/a |
|
|
|
|
Healthcare | 400 | $70M | Australia | ReconArt | ReconArt Financial Close Management | Financial Consolidation and Close | 2017 | n/a |
|
|
|
|
Healthcare | 6000 | $900M | Singapore | ReconArt | ReconArt Financial Close Management | Financial Consolidation and Close | 2017 | n/a |
|
|
|
|
Banking and Financial Services | 69 | $42M | New Zealand | ReconArt | ReconArt Financial Close Management | Financial Consolidation and Close | 2017 | n/a |
|
|
|
|
Professional Services | 354 | $435M | United Kingdom | ReconArt | ReconArt Financial Close Management | Financial Consolidation and Close | 2017 | n/a |
|
Showing 1 to 10 of 20 entries
Buyer Intent: Companies Evaluating ReconArt Financial Close Management
ARTW Buyer Intent uncovers actionable customer signals, identifying software buyers actively evaluating ReconArt Financial Close Management. Gain ongoing access to real-time prospects and uncover hidden opportunities.
Discover Software Buyers actively Evaluating Enterprise Applications
| Logo | Company | Industry | Employees | Revenue | Country | Evaluated | ||
|---|---|---|---|---|---|---|---|---|
| No data found | ||||||||
FAQ - APPS RUN THE WORLD ReconArt Financial Close Management Coverage
ReconArt Financial Close Management is a Financial Consolidation and Close solution from ReconArt.
Companies worldwide use ReconArt Financial Close Management, from small firms to large enterprises across 21+ industries.
Organizations such as Asos, Tripadvisor, NSW Treasury, Calgary Co-op and The University of Auckland are recorded users of
ReconArt Financial Close Management for Financial Consolidation and Close.
Companies using ReconArt Financial Close Management are most concentrated in Retail, Professional Services and Government, with adoption spanning over 21 industries.
Companies using ReconArt Financial Close Management are most concentrated in United Kingdom, United States and Australia, with adoption tracked across 195 countries worldwide. This global distribution highlights the popularity of ReconArt Financial Close Management across Americas, EMEA, and APAC.
Companies using ReconArt Financial Close Management range from small businesses with 0-100 employees - 15%, to mid-sized firms with 101-1,000 employees - 55%, large organizations with 1,001-10,000 employees - 30%, and global enterprises with 10,000+ employees - 0%.
Customers of ReconArt Financial Close Management include firms across all revenue levels — from $0-100M, to $101M-$1B, $1B-$10B, and $10B+ global corporations.
Contact APPS RUN THE WORLD to access the full verified ReconArt Financial Close Management customer database with detailed Firmographics such as industry, geography, revenue, and employee breakdowns as well as key decision makers in charge of Financial Consolidation and Close.