Fiserv Accurate Reconciliation vs ReconArt comparison

Many organizations rely on multiple systems to access the data required for monthly and quarterly accounting reconciliation and daily transactional matching. Some use a manual reconciliation process that relies on error-prone spreadsheets. Exceptions are slow to resolve and it's nearly impossible to achieve the single version of the truth that finance and executive teams need.

That's why organizations worldwide use AccurateTM Reconciliation from Fiserv. It enables demonstrable operational efficiency gains over manual processing and cuts the risk of errors resulting in financial loss.

Accurate Reconciliation is a comprehensive, end-to-end account reconciliation and certification solution that handles all transaction types and financial instruments. The solution integrates both transaction and balance-level data and automates the entire reconciliation process from data acquisition and matching through period-end approvals and reviews.

ReconArt is a single-solution technology company providing a modern, enterprise-class, fully web-based reconciliation platform to a diverse, global client base of all industries and sizes. With our headquarters in the United States and offices in Europe, we provide solutions to the market since 2011.

ReconArt’s integrated functionality supports all aspects of the reconciliation lifecycle based on industry best practices, regulatory standards, trends, and compliance mechanisms. Our client community is our greatest asset and we are very proud of our diverse Customer & Industry Profile. We continue to expand our footprint while ensuring full customer success by reinvesting into our core software product and learning from customer’s experiences and challenges in the reconciliation space.