How ART Improves Account Reconciliation & The Financial Close Process

What Century Is Your Account Reconciliation Process From?

Automation Isn’t New, Flashy or Trendy – It’s a Necessity In Today’s

SOX Regulated World!

SkyStem’s Month End Close and Reconciliation solution, ART, is an easy-to-use, web-based management tool that automates the manual and redundant elements of the monthly account reconciliation and close process. Dashboards keep you in the know.

Stone-age manual processes force your people to spend time:• Creating reconciliations in spreadsheets

• Printing, scanning and emailing supporting items

• Searching for the right document version

• Tracking down each reconciliation’s completion status

Provide more value without increasing head count

• Less emailing and less searching with automated workflow and central repository.

• More time dedicated to work on other accounts when ART system reconciles lower risk and predictable accounts.

Get Supporting Documents On Demand

• Documents attach to reconciliations permanently, locking down on version control and bringing supporting documentation to your fingertips.

• Review notes, open items and variance explanations in both current and prior periods.

• No more hunting preparers down.

meets today’s financial reporting demands throughout the month-end close process so that your team will:

Work With Real-Time Data

• Detailed and executive-level reporting and status-dashboards available on demand.

• Review reconciliation status, delinquent accounts, open items aging, unexplained variances, write-offs and even individual workload balance with confidence and way before the close deadline.

Get Started, Fast!

• ART’s intuitive interface is purposely designed to feel like an online version of your current process with the inefficiencies stripped out.

• Implementation is often completed in less than ten days.

positions you to help your team close faster because they:

• System Reconcile Capability• Achieve 10% to 100% Reconciliation Completion with Each Account• Standard Forms Drive Consistency• Automated Alerts• Automatic Aging of Reconciling

Items• Matching Between Data Sets

Get Online Fast• Short Implementation • User-Friendly Interface• No Outside Consulting Needed• Secure Remote Access

Be A 21st Century Innovator With

“Instant

Gratification” Assistant Controller, Midwestern Company10 Users

Standardize and Automate

• Real Time Dashboards with Drill Down• Dual Level Review• Audit Trail• Dynamic Reports• Materiality Threshold• Account Risk Rating• View-Only Roles for Auditors

Manage Data and Documentation• Central Data Repository• Perfect Version Control• Electronic Review Notes and Sign-off• Supporting Documentation “Follows” the Reconciliations• On Demand Access to Prior Period Data• Reviewer Questions/Comments Automatically Emailed to Preparer

Experience The Future Schedule Your Personal Demo Now

Contact info@skystem.com / 877.778.3320

Helps You Excel In This New Era of Financial Reporting

Gain Insight and Maintain Oversight