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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    ReconArt

    N/AN/AReconArt is an enterprise-class, web-based solution designed for end-to-end automation and integrated management of all data reconciliation processes. The automation capabilities aims to empower financial teams to eliminate time-intensive manual task, optimize their processes, and achieve full visibility over their reconciliations. ReconArt is fully configurable to meet industry and client specific requirements whenever large transaction volumes, multiple data sources or complex matching logic…N/A

    Redwood Finance Automation

    Score9 out of 10
    N/ARedwood Software headquartered in the Netherlands offers Redwood Robotics, a robotic process automation solution.N/A
    Pricing
    ReconArtRedwood Finance Automation
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    ReconArtRedwood Finance Automation
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details
    More Pricing Information
    Best Alternatives
    ReconArtRedwood Finance Automation
    Small Businesses
    No answers on this topic
    No answers on this topic
    Medium-sized Companies
    FloQast
    Score9.5 out of 10
    FloQast
    Score9.5 out of 10
    Enterprises
    BlackLine
    Score8.8 out of 10
    BlackLine
    Score8.8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    ReconArtRedwood Finance Automation
    Likelihood to Recommend
    -
    (0 ratings)
    8.2
    (2 ratings)
    User Testimonials
    ReconArtRedwood Finance Automation
    Likelihood to Recommend
    ReconArt
    No answers on this topic
    Redwood Software
    I have used Redwood Finance Automation for all of these scenarios: transform and prepare the journal entries, SAP document posting, reversals, attachments, job status, error notifications, live tracking, error handlers, resubmission, data transformation, chain diagram of the robotic process development, can use multiple systems, merging, group, Excel conversion, and data storage. Difficulty in REL expressions to use in development for non-IT users. Data transformation requires many steps to add or delete the columns and it has some limitations.
    Read full review
    Pros
    ReconArt
    No answers on this topic
    Redwood Software
    • It helps through processes standarization
    • Implementation of SOX controls
    • Takes over more repetitive and time-consuming activities to focus on added value ones
    Incentivized
    Read full review
    Cons
    ReconArt
    No answers on this topic
    Redwood Software
    • Business users are not able to understand the errors without IT knowledge
    • Better to have more features in data transformer (like Excel Pivot)
    • Train all types of users on basic REL expression language to use in development
    Read full review
    Alternatives Considered
    ReconArt
    No answers on this topic
    Redwood Software
    It is very well integrated on SAP enviroments.
    Incentivized
    Read full review
    Return on Investment
    ReconArt
    No answers on this topic
    Redwood Software
    • We have removed the robot from user in terms of people transformation
    • Time saving especially at month end to review the financials
    • We have identified more improvement opportunities with RFA as per the available features
    Read full review
    ScreenShots

    Redwood Finance Automation Screenshots

    Screenshot of Home page for the Redwood Software Finance Automation solution.Screenshot of View of the Journal Entry Summary page in the Redwood Software Finance Automation solution.Screenshot of Intercompany Agreement Process built in Redwood Software Finance Automation solution.Screenshot of A view of the Inbox for Redwood Software Finance Automation.Screenshot of A view of the Process Orchestrator within the Redwood Software Finance Automation solution.