New York City, New York Sep 20, 2023 (Issuewire.com) - SkyStem, a leading solution in financial month-end close solutions, is releasing a Buyer's Guide to help accounting teams navigate the daunting process of selecting a month-end close solution. This guide makes it easy for those who are interested in evaluating and selecting a month-end close solution. It can be a burdensome task to find the right fit for your company and to know if it will be successful in your month-end close. Worry no more, SkyStem is here to help you figure all of that out!
There is a lot to think about when it comes to purchasing a month-end close solution. How do you take the first step? Just relax. The Buyer's Guide will make your vendor and software evaluation journey as smooth as possible. It will guide you through all the necessary factors to consider in selecting and adopting a month-end close automation platform so that you'll look like a pro even though it may be your first time going through the process.
More and more companies are adopting month-end close automation software, and for good reason. There are many components as to why finance and accounting teams are choosing to make the switch over, business landscapes have changed significantly and are creating more of a need for automation of processes to create a more efficient and accurate way to close the books.
Some of the reasons companies are making the switch include:
- Shortage of accountants: combating the trend of the shortage, the investment of accounting and finance technologies is extremely useful.
- Demographic shift: The younger workforce is accustomed to technology and avoid companies that use archaic systems. Therefore, modernizing through various technologies makes it easier to recruit and retain good staff.
- Elevated sense of skepticism: With a rise in fraud stories, there is inevitably a lower sense of trust in companies, but with an automated system in place, it is much more difficult to commit fraud.
- Remote work: As we all know, remote work is much more common now. With that comes the need to increase staff productivity; technologies such as this help do that for them.
If all of this relates to you and your company, then the Buyer's Guide is just what you need! It will help you and your organization determine if you are ready to begin the journey in the month-end close automation process. Download the Buyer's Guide here and visit www.skystem.com to learn more about their award-winning month-end close solution!
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 and variance 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.
This article was originally published by IssueWire. Read the original article here.