SkyStem Named “10 Best Companies of 2020” by Industry Era

Offering a Powerful Close and Account Reconciliation Application

Closing the books, reconciling accounts and performing flux analysis are essential activities for every corporation. Failing to close properly and efficiently can put companies at a competitive disadvantage and potentially run into regulatory and compliance issues. Mid-sized organizations, in particular, are challenged with having to manage complex operations, close quickly and report accurate numbers, often with a lean accounting team. ART allows customers to automatically reconcile certain accounts which could substantially reduce the overall number of accounts requiring reconciliation. Generally, approximately 35% of balance sheet reconciliations can be system reconciled through our system, ART. ART also provides easier electronic sign offs, establishes a standardized and centralized process with ART’s standard forms, and better satisfy both internal and external audit requirements.