
What is SkyStem?
ART equips accounting teams with striking insight into their balance sheet by transforming the close and account reconciliation process. Do away with spreadsheets, crazy emailing and manual distractions.
Problem
Accounting teams struggle with the manual and time-consuming month-end close and account reconciliation process
Relying on spreadsheets, excessive email communication, and manual tasks lead to inefficiencies and distractions
Solution
Web-based platform for month-end close automation for accounting teams
Enables accounting teams to streamline the close and account reconciliation process by providing insightful balance sheet data and eliminating manual tasks
Transforms the close and account reconciliation process, replaces spreadsheets and manual distractions
Customers
Accounting professionals, finance teams, CFOs, and accounting firms
Accountants, financial analysts, finance managers, CFOs
Unique Features
Insightful balance sheet data, automation of month-end close, elimination of manual tasks
Web-based automation tool specialized for month-end close, focus on balance sheet insights
User Comments
Saves us so much time and effort during month-end close
Simple to use and integrates well with our existing systems
Great tool for reducing errors and increasing efficiency in our accounting processes
Highly recommended for accounting teams looking to streamline their operations
Affordable and effective solution for automating our month-end tasks
Traction
Growing user base with positive feedback
Increased adoption among accounting teams
Integration with existing systems favored by users
Market Size
Automation of month-end close and reconciliation processes market was valued at approximately $1.2 billion in 2021