Citizens and Farmers Bank Reduces Errors and Adjustments

In this Chit Chat, SkyStem sits down with Matt Guth, Assistant Controller for C&F Bank. With three separate accounting departments, the month-end close relied heavily on paper, which quickly become burdensome when it came to activities like pulling requests for auditors. Due to the large volume of reconciliations, after closing there would still be corrections, necessary reviews, or even unreconciled accounts. After adopting ART, C&F was able to greatly reduce errors and adjustments. Auditors can download reconciliations and review sign-offs and documentation—all with their own log-in. With the audit license configurable to grant or restrict access to notes, periods, accounts, and status, C&F Bank has the flexibility to work with auditors on their terms. Watch the video to see how they got there.