© 2015 ReconArt, Inc.

ReconArt™ Total Reconciliation Lifecycle™Introduction & Solution Overview

October 2015

© 2015 ReconArt, Inc.

What is ReconArt™?Who uses ReconArt™?Solution Overview

Agenda

© 2015 ReconArt, Inc.

2009 2012 20132008 2014

Founded

2010 2011

Product Design & Development

Opened UK Office Key Reseller Partnerships

3x client increase Significant growth

Opened NL OfficeEU Development Center

Established: 2008 Global Headquarters: USADevelopment Centre: EU

ProfileDedicated focus on the evolving and crucial reconciliation market for organisations across multiple industry segments.

Strong Industry InfluenceBankingeCommerceFinanceInsuranceInvestmentsRetail

Overview

ReconArt is a undiluted and single focus reconciliation software solution provider with operations within the European Union (Amsterdam, London, Sofia) and United States.

Since launch ReconArt has been rapidly expanding its footprint both geographically and to address a diverse and broad range of reconciliation needs of finance and operational teams.

Core Values

Leverage ReconArt’s many years of focused experience in the reconciliation solution space to address the deficiencies of legacy reconciliation tools on the market.

Deploy and continually enhance our total lifecycle solution to be simple-to-use, 100% web-based, highly scalable, triggering rapid return on investment.

ReconArt Launch

Who is ReconArt?

2015

Selling into 5 continents

ANZ Footprint

© 2015 ReconArt, Inc.

Fully integrated, scalable reconciliation solution to help you:

What is ReconArt™?

REDUCE RISK

AUTOMATE PROCESSES

ENHANCECOMPLIANCE

Covers the entire reconciliation lifecycle in a 100% web based solution*

* In the Cloud or installed On Premise

SPEED UPPERIOD END

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Who uses ReconArt™?

© 2015 ReconArt, Inc.

Who uses ReconArt™?

ReconArt™Automating Your Reconciliations

Easy to Use, Intuitive, Scalable

Reduce Costs, Mitigate RiskEnhance Audit & Compliance

Speed Up Period End Close

Total Reconciliation Lifecycle™info@reconart.com www.reconart.com

© 2015 ReconArt, Inc.

Automate manual or semi manual processesMatching of transactional dataManagement of exceptions investigations

Standardize processesEnforce a consistent processCapture all desired steps and data

Reduce operational costsReassign staff to more productive tasksSupport business growth without adding headcount

Streamline tasks and remindersAutomate reminders and past due notificationsEnjoy fully integrated Task Management

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Increase your operational efficiencies

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Identify risksAutomate the identification of errors and exceptionsAutomatically classify risk situations

Better manage risksAutomate the distribution and routing of exceptions for follow upIdentify immediately who is responsible for resolution

Resolve exceptions fasterDeliver reminders and alerts automatically

Reduce quantity of risksGain insight into error and risk trends

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Reduce Your Operational Risks

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Enhance audit capabilitiesAll data in one place, easily accessibleAuditor role

Ensure compliance with regulatory and statutory requirements

Instant visibility to users of procedures and best practicesHave all procedures and timelines in one placeSee all supporting documentation in same database

Provide transparency into key processessInternal and externalReduce costs of audit and compliance

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Enhance Your Audit & Compliance Obligations

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Enjoy more frequent matchingTransition from weekly or monthly to dailyMonth end becomes just another end of day

Deliver faster resolution of exceptions

Address and resolve exceptions as they occur

Speed up time to auditAudit and compliance officers have immediate access to all data

Reconcile the General LedgerReconArt™ Certification module provides full GL Account ReconciliationIntegrated Task Management

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Streamline Your Period End Close

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Standard import templatesCSV and Fixed WidthMicrosoft ExcelACH, BAI, FIRD, SWIFTMainstream core banking, ERP & industry formats

Drag-and-drop import definitionsData transformation & enrichmentDesigned for rapid rollout of new accounts

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Allowing Easy Data Import & Enrichment

IMPORT MATCHING EXCEPTIONS RECONCILIATION REPORTING ARCHIVING

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Intuitive match rule definitionAutomated Wizard: ReconArt™ writes the rule for you!Expert mode by a business user

All data types supportedAll types of bank and cash, trading activities, positionsOther financial: AP, AR, Payroll, Suspense, Inventory, Inter and Intra-Company, ……Even non-financial data

Fully automated, semi-automated and interactive on-screen matching

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Automating Transaction Matching

IMPORT MATCHING EXCEPTIONS RECONCILIATION REPORTING ARCHIVING

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Break and exception categorization by type, by risk, by department, by whatever you needSupport for unlimited notes and attachmentsAutomated Exception aging and reportingAutomated Notifications by email and alertsEnhanced workflow-enabled Case ManagementFull audit trail of all resolution activities

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Providing Streamlined Exception Resolution

IMPORT MATCHING EXCEPTIONS RECONCILIATION REPORTING ARCHIVING

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All reconciliation activitiesDaily high volume transaction-basedPeriod end balance sheet accounts

Reconciliation Statement production, review and digital sign-offGL and sub-ledger Account preparation, reconciliation, attestation & certificationMultiple workflow-enabled review levels: preparer, reviewer, approver, manager, auditor

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Allowing Controlled Reconciliation & Period End Close

IMPORT MATCHING EXCEPTIONS RECONCILIATION REPORTING ARCHIVING

© 2015 ReconArt, Inc.

Configurable Home Page with alerts and drill-down

Dashboards libraryMini Reports libraryCross-account Query

Integrated ReportingStandard reports libraryAbility to create amend existing and create additional reports

Instant Excel® download at press of a buttonReport Vault with review and digital sign-off

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Yielding Rich Reporting & Analytics

IMPORT MATCHING EXCEPTIONS RECONCILIATION REPORTING ARCHIVING

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Automatically archive data to maximize performance whilst supporting regulatory needsDefine automated Archive rules

By CheckpointBy Age

Fully integrated Archiving databaseInstantly access archived data

No separate log-in neededUse exactly the same screens to access archived data

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Providing Integrated Archiving

IMPORT MATCHING EXCEPTIONS RECONCILIATION REPORTING ARCHIVING

Total Reconciliation Lifecycle™www.reconart.com

info@reconart.com

IMPORT MATCHING EXCEPTIONS RECONCILIATION REPORTING ARCHIVING