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Case Study: How ZAMP HR Transitioned from Excel to ART

ZAMP HR Moves Away from Excel

Josh Shoemaker is a key member of Zamp HR, a professional employment employment organization specializing in HR compliance, payroll, and benefits for small companies. Starting as a Staff Accountant, Josh progressed to Controller as of June 2024, overseeing reconciliations and financial statement preparation.

Zamp HR manages extensive payroll data, necessitating robust automation for sustained growth. Previous manual processes, especially month-end close, and reconciliations, were time-consuming and error-prone.

“For the first time as a company, we have been able to get to ALL of our reconciliations month over month which has been a huge improvement and has actually helped us a lot with our year end audit.”

Why ART?

Recognizing the need to modernize accounting practices, Zamp HR adopted SkyStem’s ART. ART offered a comprehensive solution addressing their specific pain points:

Elimination of Spreadsheets:

Reduced reliance on error-prone manual spreadsheets for reconciliation.

GL Integration:

Seamless integration of new General Ledgers (GLs) with automated updates.

Efficiency Boost:

Accelerated month-end close by automating reconciliation processes.

Accuracy Improvement:

Ensured up-to-date reconciliations, enhancing data integrity and audit preparedness.

The Results

The implementation of ART yielded invaluable results for Zamp HR:

Operational Efficiency:

Significantly reduced time spent on month-end close and reconciliation tasks.

Scalability:

Facilitated smooth onboarding of new GLs, supporting business expansion efforts.

Employee Empowerment:

Freed accounting team from repetitive tasks to focus on strategic initiatives.

Audit Enhancement:

Streamlined year-end audit processes, improving compliance and reporting accuracy.

The successful integration of ART into Zamp HR’s operations underscores the power of automation in modern accounting. By overcoming previous challenges with manual processes and integration issues, Zamp HR has not only enhanced efficiency but also solidified its foundation for continued growth and client satisfaction.

Reflecting on their journey with ART, Josh offers advice to peers in the industry:

“For anybody that is looking to get automation into their reconciliation process and the month-end process, do it now and watch your team thrive and see the results immediately!”

Schedule a demo today and write your own success story: [email protected]

Tobacco Manufacturing

Company Profile

Lancaster Leaf Tobacco Company strengthened its SOX compliance and account reconciliation processes with SkyStem. Following the integration of five U.S. offices with different ERP systems and control processes, SkyStem helped centralize reconciliations, improve audit documentation, and provide greater visibility into month-end close progress.

  • Founded: 1941
  • Parent Company: Universal Corporation

 

Natural Gas Transportation

Company Profile

The Director of Finance & Accounting at NG Advantage, oversees the company’s month-end close and financial reporting. As a SOX-compliant subsidiary of a publicly traded company, NG Advantage previously relied on Excel for reconciliations, creating audit risk, data integrity concerns, and limited visibility into the close process. After implementing SkyStem’s ART, NG Advantage automated reconciliations, improved audit readiness, increased visibility, and streamlined the month-end close.

Water Company

Company Profile

Aquarion Water Company, New England’s largest investor-owned water utility and a subsidiary of Eversource, serves 230,000 customers across three states. Founded in 1857, the company continues to evolve, embracing smarter solutions like SkyStem ART to streamline its month-end close and reconciliation process.

  • Number of Accounts: ~1,000
  • General Ledger Platform: SAP
  • Implementation Time Frame: 13 Hours
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