SkyStem’s Automated Month-End Close and Account Reconciliation Software Featured in BankNews 2019 Buyer’s Guide

The annual Buyer’s Guide features more than 120 categories, covering management, operations, human resources, consulting services, technology, security and more.

The guide is the industry’s most comprehensive directory of companies serving the banking industry as a year-round reference source for banking decision makers. BankNews Media is dedicated to serving financial institutions through a wide range of print, digital and online products, and services. The organization has been one of the nation’s most respected publishers of bank directories for more than 50 years.

SkyStem LLC, a leading provider of automated month-end close and account reconciliation software, is pleased to announce the company’s feature in the BankNews 2019 Buyer’s Guide. SkyStem’s feature in the Buyer’s Guide discusses Stock Yards Bank and Trust’s use of ART, SkyStem’s award-winning software, to automate the month-end close and reconciliation process. As the bank increased in size and operational complexity, the accounting team found itself spending more and more time on reconciliations, resulting in less time available for other tasks. With ART, the bank was able to reconcile 20% to 40% fewer balance sheet reconciliations. This created more time for the team to meet deadlines, as a large number of other time-consuming activities were also eliminated. With a tracking system in place, details were no longer misplaced or forgotten. The bank went from having a completely manual process to a much more automated and transparent system with built-in accountability.

To read the Buyer’s Guide and for more information about how SkyStem helped Stock Yards Bank and Trust, please click here.

About BankNews

BankNews Media is dedicated to serving the needs of bankers nationwide through a wide range of online, digital, mobile, and print products and services. Its Contract Publishing division offers a range of services to state banking associations, from editorial and advertising sales, to design, printing and mailing. is the leading independent website dedicated exclusively to the community banking industry. BankNews Media has been one of the nation’s most respected publishers of bank directories for more than 50 years.

About SkyStem LLC

Headquartered in the heart of New York City, SkyStem delivers a powerful close and account reconciliation application for organizations seeking to streamline their financial processes. The company’s flagship solution, ART, is an enterprise technology that helps CFOs and Controllers shorten the month-end close and the time to issue financials by automating balance sheet reconciliations, managing month-end tasks, performing flux analysis and providing insightful reporting. The web-based solution streamlines and eliminates up to 90% of manual activities while strengthening internal controls and corporate governance.

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