Case Study: Pinnacle Financial Partners boosts month-end close efficiency with SkyStem ART

Pinnacle Financial Partners shaves hours off month-end close with SkyStem

Pinnacle Financial Partners, a financial institution with over $40 billion in assets, faced a highly manual and inefficient month-end close process. This challenge was exacerbated by mergers, which significantly increased their number of accounts and the related workload. The company turned to SkyStem and its ART solution to modernize these accounting operations.

SkyStem implemented its ART platform to digitize and automate the reconciliations and month-end close workflow. This solution replaced manual, paper-based processes, saving time, drastically reducing the accounting department's workload, and streamlining auditor access. The results included a faster close process, high user adoption, and enabled employees to focus on higher-value work like regulatory reporting, contributing to their professional growth.

Pinnacle Financial Partners