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The Times They Are a-Changin’

Do you love paper as much as I do? Paper bills, paper financial statements, paper medical docs, paper insurance docs, company materials including paystubs are just naming a few. The list goes on and on. Do you love being organized with lots of folders and binders? Folders come in all colors now including neon ones and binders come in different widths and assorted colors. I still have the three hole punch and the binder hole reinforcements to stick on a paper when a hole tears.

Recently I got a letter from my water company indicating that they would charge me if I didn’t pay my bill online. The Times They Are a-Changin’.

Come gather ’round people
Wherever you roam
And admit that the waters
Around you have grown
And accept it that soon
You’ll be drenched to the bone
If your time to you is worth savin’
Then you better start swimmin’ or you’ll sink like a stone
For the times they are a-changin’ – Bob Dylan lyrics

It is time for you to get out from under the manual process of account reconciliations and start swimmin’!!!

During my conversations with executives, I have heard that they need the buy-in from their staff in order for an account reconciliation automation tool to be successful. Many companies have staff that love paper. They deal with lots of paper shuffling. That is what they are used to. They are used to being in their office and making hand notations on paper. Joy!!!

Does your staff have to wait for binders to get in front of them before reconciling the accounts? No more. With SkyStem’s solution called ART there will no longer be version control issues which is the case with spreadsheets, or the need to wait your turn for “The Binder.”

Every document you’ll ever need from a close and reconciliation standpoint will be housed in ART and be electronically accessible by multiple parties anytime and from anywhere. It is freeing being online and using ART – all the history is there, you have review notes and e-signoffs, and analysis can be done providing real time analytics and status reports. Go for it!!!

By |2023-03-11T18:41:46+00:00December 19th, 2014|Blog|0 Comments
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