Cashbook vs ReconArt
bank reconciliation head-to-head for ERP teams: evidenced capabilities, published pricing, and which ERPs each actually integrates with.
| Starting price | Quote-based | Quote-based (edition-based licensing) |
| Deployment | On-premise, Private cloud | Cloud, On-premise |
| Company size | Mid-market, Enterprise | SMB, Mid-market, Enterprise |
| Stated ERP integrations | SAP, Oracle Fusion Cloud, NetSuite, Microsoft Dynamics 365, Sage Intacct, Infor | NetSuite |
| Vendor | Cashbook | ReconArt, Inc. |
Our take
Where Cashbook leads
- Stronger evidenced coverage on 12 of the 28 capabilities where they differ (led by collaborative / web-based dispute resolution and multi-format remittance capture).
- Stated SAP, Oracle Fusion Cloud, Microsoft Dynamics 365, Sage Intacct, Infor integration the alternative doesn't list.
Where ReconArt leads
- Stronger evidenced coverage on 16 of the 28 capabilities where they differ (led by credit card & pos/gateway reconciliation and securities, positions & custody reconciliation).
Where they differ
The 28 capabilities (of 50 in the bank reconciliation taxonomy) where the evidence separates them, biggest gaps first. “Not evidenced” means our research found no public documentation of this capability — the vendor may still offer it. Confirm on a demo.
| Capability | ||
|---|---|---|
| Credit card & POS/gateway reconciliationBank & Cash Reconciliation | Not evidenced | Core strength Credit card transaction matching to ledger entries; multi-programme, multi-entity card views |
| Securities, positions & custody reconciliationBank & Cash Reconciliation | Not evidenced | Core strength Securities, positions, trades and custody reconciliation |
| One-to-many / many-to-many matchingMatching & Rules Engine | Not evidenced | Core strength One-to-one, one-to-many and many-to-many matching relationships |
| Fuzzy / tolerance-based matchingMatching & Rules Engine | Not evidenced | Core strength Fuzzy and string-similarity matching for inconsistent data |
| Natural-language / no-code rule buildingMatching & Rules Engine | Not evidenced | Core strength Natural-language matching rule creation; plain-language explanation of existing rules |
| Collaborative / web-based dispute resolutionException Management | Core strength Approval routing and web-based collaboration for disputes | Not evidenced |
| Multi-format remittance captureCash Application & AR Reconciliation | Core strength Multi-format remittance processing (Excel, EDI, PDF, credit card files, portals, email) with OCR lockbox processing | Not evidenced |
| Collections & automated dunningCash Application & AR Reconciliation | Core strength Automated, user-defined dunning letters; real-time link to ERP AR invoice data | Not evidenced |
| Duplicate & overpayment detectionAP & Vendor Reconciliation | Not evidenced | Core strength AP invoice matching includes duplicate detection alongside PO reference, price and goods receipt |
| AP payment file generation (ACH/BACS/SEPA)AP & Vendor Reconciliation | Core strength Automatic creation of banking payment files: ACH, BACS, SEPA, ISO 20022 | Not evidenced |
| Balance-sheet account reconciliation & certificationFinancial Close & Journal Entries | Not evidenced | Core strength Balance sheet reconciliation and certification |
| Flux / variance analysisFinancial Close & Journal Entries | Not evidenced | Core strength Variance analysis with threshold-based review flags |
| Intercompany balance reconciliation & eliminationIntercompany & Multi-Entity | Not evidenced | Core strength Intercompany balance matching and elimination |
| SFTP / file-based ingestionPlatform & Integrations | Not evidenced | Core strength SFTP and cloud-storage ingestion (Dropbox, OneDrive, Google Drive, Amazon S3) |
| AI-assisted matching suggestionsMatching & Rules Engine | Not evidenced | Supported Multi-key weighted scoring and user-defined confidence-threshold auto-matching |
| Risk-based exception prioritisationException Management | Supported Prioritization of deductions by size and type | Not evidenced |
| Customer credit-risk scoringCash Application & AR Reconciliation | Supported Customer risk scoring and high-risk account prioritization | Not evidenced |
| Vendor master-data monitoring & fraud alertsAP & Vendor Reconciliation | Supported Vendor bank-account management with fraud-prevention controls | Not evidenced |
| Close task orchestration & checklistsFinancial Close & Journal Entries | Not evidenced | Supported Close task tracking with owner assignment and status |
| Custom / ad-hoc report builderReporting & Analytics | Supported 8+ standard reports with customizable reporting and Excel export | Not evidenced |
| Cash / payment forecastingReporting & Analytics | Supported Payment forecasting based on historical customer behavior | Not evidenced |
| Automated cash applicationCash Application & AR Reconciliation | Core strength Configurable auto-matching/auto-coding with automated postings to the ERP AR subledger and GL | Supported AR matching of unapplied payments, short payments, disputed invoices and credit memos |
| Deductions & short-payment managementCash Application & AR Reconciliation | Core strength Dedicated deductions management: reason-code creation, approval routing, auto-write-off tolerances | Supported Short-payment and disputed-invoice matching within AR reconciliation |
| Journal entry creation, approval & postingFinancial Close & Journal Entries | Supported Automated postings to the AP/AR subledger and general ledger | Core strength Multi-level journal entry approval workflows |
| Multi-entity / multi-subsidiary supportIntercompany & Multi-Entity | Supported Multiple ERP systems and sites supported in one tool | Core strength Multi-entity, multi-currency account structures |
| Multi-currency reconciliation & FX variance handlingIntercompany & Multi-Entity | Supported Multiple currencies supported in one tool | Core strength Multi-entity, multi-currency account structures |
| Public / open REST APIPlatform & Integrations | Supported OData REST APIs with OAuth 2.0 / Microsoft Entra ID authorization (Dynamics 365 Finance) | Core strength Public REST API (inbound and outbound, token authentication) |
| Native or certified ERP connectorsPlatform & Integrations | Core strength Prebuilt/certified connectors across SAP, Oracle/JDE, NetSuite, Dynamics 365, Sage, Infor and more | Supported Native NetSuite integration; Recon Data Factory bridge to ERPs, data lakes and warehouses |
Both grade identically on the other 22 capabilities — see each product's full profile: Cashbook, ReconArt.
Cashbook vs ReconArt — FAQs
Is Cashbook or ReconArt better for ERP integration?
Both state integrations with NetSuite. Cashbook additionally lists SAP, Oracle Fusion Cloud, Microsoft Dynamics 365, Sage Intacct, Infor. Always verify the connector against your ERP version with a reference customer.
Which is cheaper, Cashbook or ReconArt?
Neither publishes a list price — both quote. Ask each for the all-in first-year cost at your seat count, as one number, and compare those.
Get pricing for both
Tell us your ERP, seat count and must-haves and we'll come back with an independent view of what Cashbook and ReconArt should each cost you — and whether a third option belongs on your shortlist.