Freedom251 › Reconciliation Software
ReconArt
What ReconArt is
ReconArt automates financial reconciliation and close workflows, from transaction matching to balance sheet certification. Its configurable matching engine supports 1:1, 1:many, and many:many matches, with tolerance and threshold rules. The platform covers bank, card, payment, AP/AR, intercompany, securities and positions, and balance sheet reconciliation. It also supports exception handling, certification workflows, multi-entity operations, and approval controls.
ReconArt is available as browser-based SaaS and can also be deployed in cloud, on-premises, or hybrid environments. Recon Data Factory schedules inbound file pulls from SFTP, Dropbox, OneDrive, Google Drive, or Amazon S3, then validates files against import templates. IntelliDoc provides AI-powered OCR and document ingestion; the site claims 98% accuracy on unstructured PDFs. Listed integrations include Temenos, Mambu, NetSuite, Kafka, Solana, and Plaid, and a public API can connect other systems. ReconArt states that it is ISO/IEC 27001 certified and describes role-based controls, audit trails, and encrypted data transfers. Annual subscriptions are described, but plan prices are not shown; implementation packages are one-time engagements of 60 or 80 hours. The company describes the platform as operating since 2011.
Who it suits
ReconArt suits finance teams managing reconciliation and close across multiple entities, especially where matching, exception, and certification workflows are needed. Its Enterprise edition targets large organizations such as tier-1 banks, government agencies, and businesses with complex or high-volume operations.
What it does well
- Matches 1:1, 1:many, and many:many transactions using configurable rules.
- Covers bank, card, payment, AP/AR, intercompany, securities, and balance sheet reconciliation.
- Offers cloud, on-premises, hybrid, and browser-based SaaS deployment.
- Connects to named services and provides a public API.
- States ISO/IEC 27001 certification and describes audit trails and encrypted transfers.
What to know first
- No free plan or free trial is offered.
- Published plan prices are not shown.
- Annual subscriptions and one-time implementation packages are described.
Limits
Essentials includes 25 million transactions per year, while Plus includes 50 million. Published plan prices are not shown; Enterprise pricing is on request.
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| Basic (directory listing) | per user per month · directory-listed basic tier; vendor pricing varies | $300 a month |
| Essentials | annual subscription; contact vendor · 25 million transactions/year · full transaction matching · exception management · process automation · reports · support | On request |
| Plus | annual subscription; contact vendor · 50 million transactions/year · Essentials features · balance-sheet reconciliation and certification | On request |
| Certify | annual subscription; contact vendor · period-end balance-sheet reconciliation · configurable approval workflow · complete audit trail · automation · reports | On request |
| Enterprise | Contact ReconArt for pricing · Enterprise edition · custom SLA · dedicated support | On request |
| Close | annual subscription; contact vendor · choose at least 2 close modules · audit readiness · multiple roles · dashboards and reports | On request |
As reconart.com lists them, read 15 Oct 2026. The maker's own page has the final word.
Getting started
- Visit reconart.com to contact the company about pricing.
- Choose a deployment approach: browser-based SaaS, cloud, on-premises, or hybrid.
- Discuss an annual subscription and a one-time implementation package of 60 or 80 hours.
- Select a plan based on transaction volume and the reconciliation or close workflows required.
Verdict
Consider ReconArt if your organization needs configurable reconciliation and close workflows across entities, with multiple deployment options. Organizations seeking a self-serve purchase should look elsewhere: plan prices are not published, and pricing is on request.
Questions
Does ReconArt have a free plan or trial?
No. ReconArt is listed as paid, with no free plan or free trial.
How is ReconArt priced?
Plan prices are not published. The plans are described as annual subscriptions, and Enterprise pricing is on request.
What are the Essentials and Plus transaction limits?
Essentials includes 25 million transactions per year. Plus includes 50 million and adds period-end balance sheet reconciliation and certification.
What deployment options does ReconArt offer?
It offers browser-based SaaS and cloud, on-premises, or hybrid deployment.
Which integrations are listed?
The integration page names Temenos, Mambu, NetSuite, Kafka, Solana, and Plaid. ReconArt also describes a public API for connecting other systems.
Who makes ReconArt?
ReconArt describes the platform as operating since 2011 and lists its headquarters in Arlington, Virginia, USA.
Facts from ReconArt's own pages
- 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. · reconart.com, 15 Oct 2026
- AI documents
- ReconArt IntelliDoc provides AI-powered OCR and document ingestion, and the site claims 98% accuracy on unstructured PDFs. · reconart.com, 29 Sept 2026
- Authentication
- The security page describes Active Directory and IAM single sign-on plus standalone encrypted-password authentication. · reconart.com, 15 Oct 2026
- Bank reconciliation
- Bank reconciliation accepts CSV, XLSX, TXT, XML, BAI, ACH, SWIFT MT, camt.053, FIRD and custom formats. · reconart.com, 15 Oct 2026
- Company founding
- LinkedIn lists 2008 as the founding year, while ReconArt's site says the platform has operated since 2011. · linkedin.com, 15 Oct 2026
- Company history
- The company describes ReconArt as a financial reconciliation platform operating since 2011. · reconart.com, 29 Sept 2026
- Company ownership
- LinkedIn describes ReconArt as privately held, headquartered in Alexandria, Virginia, with 51–200 employees. · linkedin.com, 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. · reconart.com, 29 Sept 2026
- Deployment
- ReconArt is browser-accessible without a client installation and can be deployed as SaaS, in the cloud or on customer premises. · new.reconart.com, 15 Oct 2026
- Documentation
- The public site exposes marketing-level API and integration descriptions, but no public SDK or detailed API reference was identified. · reconart.com, 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. · reconart.com, 29 Sept 2026
- Financial close
- Close capabilities include balance-sheet certification, journal approvals, variance analysis and period-end task management. · reconart.com, 15 Oct 2026
- Founded
- 2011 · reconart.com, 23 Sept 2026
- Funding record
- Crunchbase records one investment by ReconArt in ThingsLog's January 14, 2022 seed round; the amount is not shown. · crunchbase.com, 15 Oct 2026
- Headquarters
- Arlington, Virginia, USA · reconart.com, 23 Sept 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. · reconart.com, 15 Oct 2026
- Integrations
- Listed prebuilt connections include Temenos, Mambu, NetSuite, Kafka, Solana and Plaid. · reconart.com, 15 Oct 2026
- IntelliDoc
- IntelliDoc provides AI OCR and document extraction, with the homepage claiming 98% accuracy on unstructured PDFs. · reconart.com, 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. · reconart.com, 29 Sept 2026
- Legal entity
- The official site identifies the maker as RECONART INC. · reconart.com, 15 Oct 2026
- Licence
- Official materials describe edition-based annual commercial subscriptions and do not identify an open-source licence. · reconart.com, 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. · g2.com, 15 Oct 2026
- Limit: mobile apps
- An independent directory states that ReconArt has no Android or iOS app and is delivered through the web. · techjockey.com, 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. · capterra.com, 15 Oct 2026
Where ReconArt stands on Freedom251
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