SkyStem
14 Case Studies
Case Study: UniBank saves $9,000 per year with SkyStem's ART month-end close automation
A SkyStem Case Study
Finance Project Manager
UniBank, a community bank based in Massachusetts, faced a decentralized and entirely manual month-end reconciliation process that relied on paper and spreadsheets. Seeking to reduce costs and increase efficiency, the accounting team began searching for an automated solution, ultimately selecting the ART platform from vendor SkyStem for its affordability and ease of implementation.
By implementing SkyStem's web-based ART solution, UniBank centralized and standardized its financial close process. The results included an annual savings of $9,000, significantly improved efficiency, and enhanced satisfaction from both internal and external auditors due to the system's intuitive design and robust audit trail.
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UniBank
Karen Sweeney
Finance Project Manager