ReconArt Review - why 3.5 stars?

ReconArt Review
ITQlick Score: 84/100
ITQlick Rating: (3.5/5)
Pricing: 3.8/10 - low cost
Category: Core Accounting -> ReconArt
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: Nov 11, 2020

We publish unbiased reviews, our opinions are our own and are not influenced by payments from advertisers. Learn more in our advertiser disclosure.

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.

What is ReconArt rating? ()

The rating of ReconArt is 3.5 stars out of 5 and the total score is 84 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who are ReconArt's typical customers?

The typical customers include the following business size: SMBs.

Is ReconArt the best Core Accounting?

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

What are ReconArt's pros? (3 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

What are ReconArt's cons? (1 cons)

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

Who are their main alternatives?

Popular alternatives to ReconArt: QuickBooks Online Plus, Wave Accounting, Zoho Books, FreshBooks, Vyapar, Xero, Multiview, Adminsoft Accounts, TurboCASH Open Source Accounting, FINSYNC. The full list of competitors can be found here.

What is the cost of ReconArt?

The cost of license starts at $1,500 Per 5 users/month. On top of the total cost of licenses which is easy to calculate - what is the REAL total cost of implementation? You need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 3.8 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for ReconArt

What should you ask ReconArt during a demo session? (65 questions)

Schedule a demo with ReconArt and access 65 must ask questions for the vendor while watching ReconArt in action. Visit the vendor's website here.

Is it the right software for you?

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.

ReconArt's list of categories:

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

ReconArt Vs. Alternatives

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
QuickBooks
ITQlick rating
4.2/5
Score
99/100
Pricing
5/10
License pricing
$12.50 per month
Functionality
7
Wave
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
Review
Zoho
ITQlick rating
4.4/5
Score
96/100
Pricing
2.4/10
License pricing
$10 per organizer/month
Functionality
9
Review
Vyapar
ITQlick rating
4.4/5
Score
95/100
Pricing
8/10
License pricing
$19 per year
Functionality
5
Review
Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.