Case Study: Symmons Industries achieves 30% reconciliation prep reduction with SkyStem

Symmons Reduces Its Reconciliation Prep Work By Over 30%

Symmons Industries, a premier plumbing fittings manufacturer, was struggling with a burdensome account reconciliation and month-end close process that created delays, unclear ownership, overloaded inboxes, and difficult offline reviews. To solve this, Symmons turned to SkyStem and its ART software to better coordinate the close and reconciliation workflow and establish a clearer chain of command.

SkyStem implemented ART in just 15 days with no implementation cost, giving Symmons a centralized repository, automated notifications, dashboards, and reconciliation archiving. As a result, Symmons reduced reconciliation prep work by over 30%, automated 30% of reconciliations each month, improved visibility and accountability, and shortened time to close so the finance team could focus on higher-value work.

Symmons Industries

John Graves

Chief Financial Officer