Last Updated
Overview
SkyStem's ART streamlines financial close and reconciliations, providing real-time dashboards, variance analysis, and task automation. While customer support time may vary at times, its compliance with GDPR, secure data handling, and scalable platform ensure finance teams can reduce manual work and improve audit readiness effectively.
Overall Rating
Based on 40 users reviews
4.5
Rating Distribution
Positive
90%
Neutral
10%
Negative
0%
Starting Price
Custom
SkyStem's ART Specifications
Account Reconciliation
Audit Trails
Multi-Currency Support
Financial Reporting
What Is SkyStem's ART?
SkyStem is a cloud‑based, web‑accessible SaaS financial close and reconciliation platform built for CFOs, controllers, and accounting teams striving to streamline month‑end close processes. Its flagship solution, ART, automates critical accounting activities to reduce manual work, strengthen internal controls, and deliver real‑time insights.
The software, ART, offers features such as reconciliation automation, task and workflow management, real‑time dashboards, and variance analysis, helping organizations shorten close cycles, enhance visibility, and improve audit readiness. SkyStem is designed for finance professionals who need centralized, efficient, and transparent financial close operations.
SkyStem's ART Integrations
How Much Does SkyStem's ART Cost?
Who Is SkyStem's ART For?
SkyStem's ART software serves a wide range of industries and sectors, including:
- Accounting
- Banking
- Construction
- Fintech
- Healthcare
- Real estate
- Retail
Is SkyStem's ART Right For You?
Are you struggling with manual reconciliations, scattered close checklists, and last-minute fire drills at month-end? ART helps accounting teams automate significant reconciliation work, gain real-time visibility into status and exceptions, and save weeks each quarter. Leading finance teams use SkyStem's ART to cut manual work, improve control, and run a faster, more reliable close.
Still not sure if SkyStem's ART is right for you? Contact our customer support team at (661) 384‑7070, who will help you make the best decision.
SkyStem's ART Features
ART’s Reconciliations module enables accounting teams to reconcile accounts efficiently while managing documents electronically. Users can process multiple periods simultaneously, use system algorithms to reduce monthly reconciliations by up to 40%, reconcile in multiple currencies, and complete electronic sign-offs for a fully paperless review workflow.
Task Master streamlines the close checklist by automating assignment, tracking, and completion of financial reporting tasks. Each task links to balance sheet accounts and supporting documents, while email notifications and archived close documents ensure accountability, improve workflow efficiency, and enhance reconciliation quality.
Flux Analysis automatically highlights accounts exceeding management-defined thresholds, helping teams identify unusual fluctuations quickly. It supports analysis in monthly, quarterly, or annual cycles, allows owners to attach explanations, and ensures approvals with electronic sign-off, providing insight and control over balance sheet variability.
Variance Analysis compares P&L accounts against prior periods or budget thresholds to pinpoint material differences. Account owners can attach supporting explanations, and workflows include electronic approvals and notifications, allowing finance teams to monitor discrepancies, streamline reporting, and maintain transparency in financial performance tracking.
SkyStem's Art features reporting that provides real-time insight and oversight, delivering executive dashboards and role-based reports for CFOs, controllers, and staff. Teams can grade reconciliation quality, track exceptions and delinquencies, sign off electronically, archive reports securely, and extract information as PDFs or spreadsheets for streamlined decision-making.
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