Case Study: VT Miltope automates 35% of account reconciliations with SkyStem

VT Miltope Automates 35% of Account Reconciliations Each Month

VT Miltope, a manufacturer of computers and airborne solutions, struggled with a tedious and poorly organized manual account reconciliation process. During month-end close, the team faced unclear reconciliation status, deadline pressure, inconsistent workflows, and wasted time on scanning and copying Excel coversheets. The company sought a more accurate, standardized way to manage reconciliations and close activities, and chose SkyStem’s automated reconciliation software, ART.

SkyStem implemented ART quickly, with setup completed in just a few weeks and training supported by SkyStem’s team. The solution automated manual reconciliations and close checklists, gave real-time status visibility, and made reconciliation information available online 24/7. As a result, VT Miltope automated 35% of account reconciliations each month, improved standardization and control, and reduced time spent on manual tracking and updates.

VT Miltope

Teri

Corporate Controller