Case Study: Greater Hudson Bank achieves a faster, paperless month-end close with SkyStem’s ART

Greater Hudson Bank Automates Month-End Close Process with ART

Greater Hudson Bank, a New York community bank with about $500 million in assets, wanted to reduce paper use and improve its manual, deadline-driven month-end close and reconciliation process. The bank looked for a solution that could reduce errors, keep the team organized, and provide better visibility, and selected SkyStem’s ART after evaluating several systems.

SkyStem implemented ART in one month, including the Task Master and reconciliation modules to automate recurring tasks, centralize documentation, send reminders, and track close status in real time. The result was a more transparent and accountable close process with less administrative work, fewer manual reconciliations, improved access to data from anywhere, and stronger support for the bank’s go-green initiative.

Greater Hudson Bank