Case Study: Audubon Engineering Solutions achieves faster month-end close and automated bank & cash reconciliations with ReconArt

Audubon Engineering Solutions - Customer Case Study

Audubon Engineering, a multi-discipline engineering firm serving Oil & Gas and Petrochemical industries, struggled with time-consuming, manual bank and cash reconciliation processes that threatened its goal of completing financial close in under five business days. After evaluating multiple vendors, Audubon selected ReconArt and its ReconArt™ Total Reconciliation Lifecycle platform to standardize, automate and control its reconciliation workflows.

ReconArt was deployed in-house as a 100% web-based solution in Audubon’s data center and integrated with Microsoft Dynamics and J.P. Morgan Access to automate bank reconciliations, matching, exception management and approvals. The ReconArt implementation automated all headquarters bank reconciliations, reduced reconciliation time and costs (paying for itself shortly after go-live), improved matching accuracy and month-end close efficiency, and freed the team to focus on higher-value financial analysis.

Audubon Engineering Solutions

Jeremy Zamzow

Corporate Controller