ACCOUNT RECONCILIATION SOFTWARE MARKET ANALYSIS

Account Reconciliation Software Market, By Component (Software and Services), By Deployment Mode (On-premise, Cloud), By Enterprise Size (Large Enterprises, Small & Medium Enterprises), By Reconciliation Type (Bank Reconciliation, Customer Reconciliation, Inter-company Reconciliation, Others), By Industry Vertical (BFSI, Manufacturing, Retail & E-Commerce, Healthcare, IT & Telecom, Energy & Utilities, Government & Public Sector, Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

In June 2023, Oracle announced the NetSuite Account Reconciliation, which helps automate and match transaction procedures. As part of the cloud ERP of NetSuite, this solutions help customers automate and standardize the reconciliation procedure, reinforce internal financial controls, and generate more precise financial statements.
In April 2023, Duco announced its reconciliation support to JBWere NZ. JBWere NZ uses Duco to reconcile securities and cash detained with their sub-custodians, banks, and share registries. Duco helps companies enhance their data management procedures, from reconciliation to data quality.
In April 2023, Modern Treasury introduced a reconciliation engine to automate reconciliation for banks and third-party credit card processors. It helps businesses to enhance productivity and financial transparency.
In April 2022, ReconArt extended its alliance across Asia Pacific. The firm’s technologically progressive account reconciliation and operation matching platform is gaining acclamation and visibility across financial management consultants and technology integrators in Indonesia, Hong Kong, India, and Vietnam.