ReconArt Review - why 3.5 stars?

ReconArt Review
ITQlick Score: 84/100
ITQlick Rating:
Pricing: 3.8/10 - low cost
Category: Core Accounting -> ReconArt review
Ranking:Ranked 23 out of 137 Core Accounting systems
Company: ReconArt
Pricing: starts at $1,500 per 5 users/month
Typical customers: SMBs
Platforms: Desktop, Cloud
Links: ReconArt pricing, ReconArt alternatives
Shlomi LaviShlomi Lavi / updated: May 21, 2022

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What is ReconArt?

ReconArt is a core accounting software that helps businesses to automate data import, reporting, and matching. The software allows users to create templates for various accounts, including roll-up, prepaid and ledger to sub-ledger. It also helps users recognize and resolve breaks either with the internal systems or by calling out to the custodian/broker.

Some of the major features of ReconArt include bank reconciliation, credit card reconciliation, intercompany reconciliation and positions, holdings & trade reconciliation. This software is powered by ReconArt Inc, a company founded in 2008 and headquartered in Alexandria, VA, United States. The company has about 51-200 employees.

Who is it best for?

The typical customers include the following business size: SMBs.

What is the actual cost?

The cost of license starts at $1,500 per 5 users/month. ITQlick pricing score is 3.8 out of 10 (10 is most expensive). Access ITQlick pricing guide for ReconArt. You can also find here pricing information from ReconArt's website.

Pros

  • ReconArt enables users to set up rules for ongoing transactions
  • Complex reconciliations can be automated with this software
  • It allows users to transfer or import data from different sources

Cons

  • Sometimes, matching rules and implementing new recons can be slow

How it stacks up?

Access a head to head analysis of ReconArt vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
ReconArt
ITQlick rating
3.5/5
Score
84/100
Pricing
3.8/10
License pricing
$1,500 per 5 users/month
Functionality
6
Compare
QuickBoo...
ITQlick rating
4.2/5
Score
99/100
Pricing
5/10
License pricing
$12.50 per month
Functionality
7
Wave Acc...
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
Zoho Boo...
ITQlick rating
4.4/5
Score
96/100
Pricing
2.4/10
License pricing
$10 per organizer/month
Functionality
9
Vyapar
ITQlick rating
4.4/5
Score
95/100
Pricing
8/10
License pricing
$49.99 per year
Functionality
5
Review

Frequently Asked Questions (FAQs)

Is it the best Core Accounting system?

ReconArt is ranked 23 out of 137 software in their category (Core Accounting systems).

How they are rated on ITQlick?

The rating of ReconArt is 3.5 stars out of 5 and the total score is 84 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, ReconArt makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

No, currently ReconArt can't be accessed on mobile, you would need to access it from your computer.

What should we ask during a demo session?

Differences between ReconArt and alternatives?

The most popular alternatives to ReconArt in 2023: QuickBooks, Wave Accounting, Zoho Books, FreshBooks, Vyapar. Access the complete competitors analysis here - ReconArt VS Core Accounting Software alternatives.

Is ReconArt right for you or your business?

This software fits into small, medium and large enterprises in finance, automobile, manufacturing and construction industries. Some of the customers of ReconArt include; Voyager, Coca Cola, Ferratum bank and Ferratum.

List of categories

Accounting & Finance
Fixed Asset Management
Recurring Billing
Core Accounting
Fund Accounting
Case Management

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.