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What is SkyStem ART?

SkyStem, located in New York City, offers an innovative month-end closing solution tailored for businesses aiming to enhance their financial operations. Its premier product, ART, serves as an enterprise-level technology enabling Controllers and CFOs to significantly decrease the time required for month-end closures and the issuance of financial statements. By automating balance sheet reconciliations, overseeing month-end responsibilities, and conducting flux analysis, ART simplifies these crucial processes. Additionally, it generates valuable reports that aid in decision-making. This web-based solution can minimize manual tasks by as much as 90%, while also bolstering internal controls and promoting effective corporate governance practices. With these features, SkyStem is committed to transforming the financial landscape for its clients.

What is Oracle Financial Consolidation and Close?

Quickly set up your operations with integrated features that exemplify best practices, including real-time calculations. Reduce the need for extensive adjustments, as key financial reports like cash flow, balance sheet, and income statement are generated automatically, along with actionable insights and rollovers. Simplify the adherence to international reporting standards, such as International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP), by leveraging a pre-built consolidation model. Improve the accuracy and efficiency of your closing process by reclassifying, adjusting, and eliminating data across various hierarchies, made possible by integrated consolidation functions. Manage the intricacies of legal and management rollups that may have unique calculation and reporting requirements with ease. Gain control over the closing process by continuously monitoring crucial metrics throughout your organization. You can either employ existing calculations or easily create customized solutions that cater to your business's specific needs, ensuring all facets of your financial reporting are managed efficiently. This allows you to concentrate on strategic decision-making while ensuring compliance with required standards. Ultimately, this streamlined approach enhances overall operational effectiveness and empowers you to respond swiftly to evolving business needs.

Media

Media

Integrations Supported

Blackbaud CRM
Deltek Costpoint
Financial Edge NXT
GLOVIA G2
Genpact Cora
Infor CRM
Infor CloudSuite Industrial Enterprise
MIP Fund Accounting
Microsoft Dynamics 365
NetSuite
Oracle PeopleSoft
Prologue Financials
QAD Adaptive ERP
Sage 100
Sage 500
Sage Intacct
SiteLine
Workday Financial Management
Yardi Voyager

Integrations Supported

Blackbaud CRM
Deltek Costpoint
Financial Edge NXT
GLOVIA G2
Genpact Cora
Infor CRM
Infor CloudSuite Industrial Enterprise
MIP Fund Accounting
Microsoft Dynamics 365
NetSuite
Oracle PeopleSoft
Prologue Financials
QAD Adaptive ERP
Sage 100
Sage 500
Sage Intacct
SiteLine
Workday Financial Management
Yardi Voyager

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

SkyStem

Date Founded

2009

Company Location

United States

Company Website

www.skystem.com

Company Facts

Organization Name

Oracle

Company Location

United States

Company Website

www.oracle.com/performance-management/financial-consolidation-close/

Categories and Features

Workflow Management

Access Controls/Permissions
Approval Process Control
Business Process Automation
Calendar Management
Compliance Tracking
Configurable Workflow
Customizable Dashboard
Document Management
Forms Management
Graphical Workflow Editor
Mobile Access
No-Code
Task Management
Third Party Integrations
Workflow Configuration

Categories and Features

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