ReconArt and 3i Infotech announce partnership in delivering data reconciliation solution ReconArt, a market leader in data reconciliation technology and financial close management, and 3i Infotech, a global IT company driving digital transformation initiatives on 4 continents, are delighted to announce their partnership agreement. ReconArt and 3i Infotech join forces to support the digital transformation journey of enterprises with complex business needs in the realm of middle and back-office operations and financial reporting.
The automation and standardization of manual reconciliation processes have become a priority for organizations dealing with growing transaction volumes, escalating complexity, and strict regulatory and compliance requirements. The adoption of an integrated SaaS reconciliation solution such as ReconArt brings enormous benefits around data consistency and auditability, robust internal controls, cost-effective process optimizations, and scalability without additional headcount.
ReconArt and 3i Infotech combine niche technology and best practices with deep domain expertise and a proven record of successful technology implementations. The collaboration between ReconArt and 3i Infotech is an opportunity to create a transformative impact on critical finance functions and accelerate the transition to operational excellence for F&A departments across various industry verticals. Both companies are result oriented, committed to superior customer experience and the highest service standards.
3i Infotech, emerging as a leading name in propelling the current wave of digital transformation initiatives, with deep domain expertise across BFSI, Healthcare, Manufacturing, Retail and Government sectors. The Company has over 4000 employees in 30 offices across 15 countries and over 1000 clients in more than 50 countries across 4 continents. With a wide range of IT services, 3i Infotech has successfully transformed business operations of customers globally.
The Company has a very strong foothold and client base in geographies like North America, India, Asia Pacific, Middle East and Africa, Kingdom of Saudi Arabia and South Asia. ReconArt, headquartered in the USA, is a single-solution technology company dedicated to data matching automation, streamlined account reconciliation and financial close management. ReconArt has designed an entirely web-based platform for end-to-end management of all data reconciliation processes. For the past decade ReconArt has been serving a global client base of all industries and all client sizes, constantly reinvesting in product evolution.