Case Study: MIDFLORIDA Credit Union streamlines enterprise-wide reconciliations with ReconArt

MIDFLORIDA Credit Union streamlines reconciliations across 66 branches with ReconArt

MIDFLORIDA Credit Union, a large Florida-based financial institution, faced challenges with manual, spreadsheet-based reconciliations that created bottlenecks and lacked the audit transparency required for its growing volume of transactions. To modernize its financial close processes, the credit union selected the ReconArt reconciliation platform to automate enterprise-wide matching and certification.

By implementing ReconArt, MIDFLORIDA automated key processes including GL account certification and the matching of transactions for ACH, checks, ATM, and Federal Reserve accounts. The solution streamlined workflows, enhanced the audit trail, and integrated with their core accounting system. As a result, ReconArt delivered significant time savings, improved accuracy, and allowed the accounting team to shift its focus to more strategic activities.

MIDFLORIDA Credit Union