ReconArt AI features and pricing (October 2026)

ReconArt is reconciliation and financial close software for banks, payment companies and corporate finance teams with high transaction volumes. It automates matching across bank, card, payables, receivables and intercompany data and adds an AI assistant and AI document extraction.

ReconArt automates matching of bank statements, credit cards, payables, receivables and intercompany transactions and supports close workflows. The vendor states it processes more than 1 million transactions per minute, over 15 billion transactions a year and more than $12 trillion of assets under reconciliation. The company has been in business since 2011, is based in Arlington, Virginia, holds ISO/IEC 27001:2022 certification and names customers on six continents, including MIDFLORIDA Credit Union, TransferGo and First National Bankers Bank.

• Creates matching rules in plain languageThe ReconArt AI Assistant turns natural-language instructions into the expressions behind matching rules and import or export templates. Reconciliation specialists describe how items should match instead of configuring rules field by field, which shortens setup when new accounts or data sources are added.
• Answers questions about the dataReconArt describes the AI Assistant as a way to talk to your reconciliation data in plain language. Team leads can get answers without exporting data to spreadsheets and building their own analyses first.
• Extracts data from PDFsIntelliDoc Extraction reads unstructured PDF documents such as statements or invoices and turns them into data for matching. ReconArt states 98 percent accuracy, which reduces manual data entry before reconciliation can start.

• Built for high transaction volumes, with vendor figures of more than 1 million transactions per minute.
• The AI Assistant is powered by OpenAI technology and supported English only when it was announced in September 2024.
• Runs as a cloud service with a dedicated instance per client; the homepage also names on-premise deployment.

ReconArt is based in Arlington, Virginia, and names US financial institutions such as MIDFLORIDA Credit Union and First National Bankers Bank as customers.

Request pricing after a demo and ask which data center location would host your instance, since the security page names a Tier 4 data center with several global locations but no region. Ask for SOC 1 or SOC 2 reports if your auditors rely on the reconciliations, since only ISO/IEC 27001:2022 is listed. Check how bank, card and ERP data are loaded and request the data processing agreement.

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