Case Study: TransferGo achieves automated, scalable bank and AP reconciliation with ReconArt

TransferGo - Customer Case Study

TransferGo, a fast‑growing remittance platform serving customers across 45 countries, faced mounting complexity in bank account reconciliation as transaction volumes and correspondent‑bank statement formats exploded. Needing full automation, scalability to handle large and varied data sources, and seamless integration with NetSuite, TransferGo selected the ReconArt solution to modernize its reconciliation and AP processes.

ReconArt implemented automated bank statement transaction matching and Accounts Payable reconciliation, building import templates, complex matching rules, and a Scheduler to run daily routines, highlight exceptions, and store evidence. ReconArt also enabled the conversion of outstanding items into journal entries posted back to NetSuite, giving TransferGo predictable, faster reconciliations, stronger internal controls, time savings, and the capacity to handle continued data growth.

TransferGo