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Privacy Policy

ReconArt, Inc.

SITE PRIVACY POLICY

This Privacy Policy governs the manner in which ReconArt, Inc. (“ReconArt”) collects, uses, maintains and discloses information collected from users (each, a “User”) of the ReconArt.com website (“Site”). This privacy policy applies to the Site and all products and services offered by ReconArt.

Personal identification information

We may collect personal identification information from Users in a variety of ways, including, but not limited to, when Users visit our site, register on the site, fill out a form, and in connection with other activities, services, features or resources we make available on our Site. Users may be asked for, as appropriate, name, email address. We will collect personal identification information from Users only if they voluntarily submit such information to us. Users can always refuse to supply personally identification information, except that it may prevent them from engaging in certain Site related activities.

Non-personal identification information

We may collect non-personal identification information about Users whenever they interact with our Site. Non-personal identification information may include the browser name, the type of computer and technical information about Users means of connection to our Site, such as the operating system and the Internet Service Providers utilized and other similar information.

Web browser cookies

Our Site may use “cookies” to enhance User experience. User’s web browser places cookies on their hard drive for record-keeping purposes and sometimes to track information about them. User may choose to set their web browser to refuse cookies, or to alert you when cookies are being sent. If they do so, note that some parts of the Site may not function properly.

How we use collected information

ReconArt may collect and use Users personal information for the following purposes:

  • To improve customer service:  Information you provide helps us respond to your customer service requests and support needs more efficiently.
  • To personalize user experience:  We may use information in the aggregate to understand how our Users as a group use the services and resources provided on our Site.
  • To improve our Site:  We may use feedback you provide to improve our products and services.
  • To send periodic emails:  We may use the email address to respond to their inquiries, questions, and/or other requests.

 

How we protect your information
We adopt appropriate data collection, storage and processing practices and security measures to protect against unauthorized access, alteration, disclosure or destruction of your personal information, username, password, transaction information and data stored on our Site.
Sensitive and private data exchange between the Site and its Users happens over a SSL secured communication channel and is encrypted and protected with digital signatures.

Sharing your personal information

We do not sell, trade, or rent Users personal identification information to others. We may share generic aggregated demographic information not linked to any personal identification information regarding visitors and users with our business partners, trusted affiliates and advertisers for the purposes outlined above.

Changes to this privacy policy

ReconArt has the discretion to update this privacy policy at any time. When we do, we will revise the updated date at the bottom of this page. We encourage Users to frequently check this page for any changes to stay informed about how we are helping to protect the personal information we collect. You acknowledge and agree that it is your responsibility to review this privacy policy periodically and become aware of modifications.

Your acceptance of these terms

By using this Site, you signify your acceptance of this policy. If you do not agree to this policy, please do not use our Site. Your continued use of the Site following the posting of changes to this policy will be deemed your acceptance of those changes.

Contacting us

If you have any questions about this Privacy Policy, the practices of this site, or your dealings with this site, please contact us at: ReconArt – info[at]reconart[dot]com

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ReconArt 
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Jul / 9 / 2024

ReconArt – Not Just a Buzz Word

Introducing ReconArt to a prospective client for the first time is always an exciting experience. No matter whether we are talking to a multi-billion dollar bank considering hundreds of users to accommodate highly complex processes, or a startup looking for a couple of users to handle a time-consuming account reconciliation,we gear up for our first-time encounter with the same enthusiasm and curiosity.

This is the time when we learn about our future client: who are they and what do they do? Their customers see an innovative online e-commerce marketplace, or a disruptive peer-to-peer loan provider, or their home city government, or a fair trade jewelry retailer, or their neighborhood bank, or trusted insurance carrier. We see them from the other side, a bit like opening a machine and seeing all the gears and moving parts that make up the whole. We get the opportunity to dive right into some of their most intricate processes that occur totally behind the curtains of their business, product, or service. Yet, these reconciliation and financial close management processesare an essential part of their skeleton, potentially affecting their profits, their ability to grow, their financial control and integrity, their reputation, the productivity and happiness of their employees, the peace of mind of their leaders. So, what do they struggle with? What are their ambitions and dreams? And, of course, the key question: how can we help?

ScalabilityThis is also the time for them to learn about us – and not only what our product does and how much it costs, but – what are they really signing up forif they choose ReconArt? Regardless of whether we have the opportunity to conduct initial discussions with an accountant or an IT analyst, a CFO or a controller, a VP Finance or a procurement officer, there are some key messages we want to convey early on. And these are not checkboxes to be ticked in some scripted, artificial sales cycle or just buzzwords we throw around to stand out and be remembered. These messages reflect our core values that infuse everything we stand for and work for. The skeptics might smirk and call ‘sales pitch’, but we are serious about this. We want to be and are that trusted partner that brings real value in the long-term.

Cutting edge functionality.What does this actually mean? How do we know our technology is truly the most up-to-date on the market? We know because we listen – to both prospective and existing clients. When we jump on an intro demo/discovery, we dig into every opportunity to find out about the business process at hand and really understand it. When an existing client brings up a need that reflects best practices, we embrace the opportunity to enhance the product for the benefit of all users. There is no better way to anticipate and respond to the constantly evolving market needs than to ‘forget’ everything we think we know, and listen to the people who live and breathe these processes every day. Of course, there has to be a practical side in order to transform that knowledge into product – which is why maintaining reinvestment into the product and an extremely agile development process will always remain top priorities for ReconArt.

Vibrant, evolving product.The business and technology world is constantly changing. What is cutting edge today must constantly evolve to remain so or quickly become obsolete – even in a niche and finite field like reconciliation and financial close. In practical terms, we apply the above in a variety of ways. At any given time, there are a number of focused development efforts going on at ReconArt, often in partnership with an existing Client. We are nottalking about customizing code, rather constantly expanding best practice functionality for all users led by real-world business scenarios. Separately, we are constantly soliciting feedback from system users directly from within the application, gathering an on-going stream of real-time suggestions. On top of all this, we are in a state of perpetual roadmap development to prepare for our two annual major releases. So when we enthusiastically respond “That’s actually coming up!” to a functionality question, we don’t mean ‘some day’ – we mean, at most, a very few months from now.

Strategic fit.It is great that more and more often these days, in addition to functional needs, we hear people saying: “We want a good partner.” In some ways, demonstrating functionality is much more straight-forward. We often conduct Proof-of-Concept demonstrations and eliminate any existing question marks by showing a prospective client their processes flowing through the system. The expectations are concise and defined; the results quickly and easily delivered. You don’t really find out whether you have a good partner until later on in the game. The only testament to whether you have succeeded to deliver what you promised is the “happiness” of existing clients. We want our clients to be our happy partners, allowing us to learn from them, work with them and share with them on a level that enables collaboration, creativity, and mutual benefit.

Scalability.This concept can mean very different things to different people. The accountant at the e-commerce start-up might be thinking “We are expecting massive growth. Can you handle rapidly growing volumes? Will our growth impact our pricing?” The Operations or IT department at an insurance company might wonder “What happens when Finance wants to add a new process, with their own unique data formats and business logic? Will we have to do it for them?” The compliance team at a multi-national manufacturing company might ask “We grow through acquisitions, how will you cost new users and can we onboard them easily?” To ease all these concerns, a truly scalable solution must offer enterprise-class, powerful functionality packaged in a modern, business-user driven interface. It should empower teams to own their processes end-to-end, which in turn should support the growth and future of the organization as a whole – whatever it may be.

By openly discussing these concepts early on, we are opening the door to our home and inviting our future clients to really get to know us. By their reaction and feedback to these points, we get to know them. We both – as partners- find out we are motivated, excited, and inspired by the same things.

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Case Study

Coca-Cola Bottling Co.

Coca-Cola Bottling Co.

Industry: Food and Beverage
Focus: Corporate Expense Recs

Coca-Cola Bottling Co. Consolidated (CCBCC) is the nation's largest independent Coca-Cola bottler.

read more

ReconArt Customers

Here are some of the customers who leverage our reconciliation software to automate their reconciliation and close processes.

Soyven
Gathern
Navan
Klar
Daikin
Expedia
Umpqua bank
Calgary co op B&W
deVolksbank
Nedbank
Asos
Fiat Chrysler
Ferratum
Quikrete
New York City Department of Finance
Worldremit
Bill
Catalyst
Xendit
Agency Insurance Company
MidFlorida Credit Union
Sparkasse Bank Malta

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ReconArt Americas
4720-E Langston Blvd,
Arlington, VA 22207
United States
1-855-RECONART (Toll Free)
ReconArt Worldwide
+1 571-210-2444 info@reconart.com
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