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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 Record-to-Report Automation by Redwood?

Every day, every quarter, and every year, the finance sector faces numerous tedious and repetitive manual tasks. Redwood's Finance Automation solutions leverage advanced automation technology on an industrial scale. This innovative technology empowers business users to create, implement, and manage transformative financial processes seamlessly. By utilizing Redwood Finance Automation, organizations enhance their efficiency, governance, and transparency in financial operations. Consequently, finance professionals can shift their focus from merely gathering data to extracting valuable insights from corporate reporting information. These solutions effectively underpin four essential pillars of finance processes: record to report, order to cash, procure to pay, and asset accounting. We provide automated solutions for the record to report pillar, which includes close checklists, reconciliations, journal entries, and intercompany transactions. Remarkably, Redwood can automate up to 85% of finance tasks that were previously executed manually, allowing organizations to operate more efficiently and with greater accuracy. This shift not only reduces workload but also enables finance teams to contribute more strategically to their businesses.

Media

Media

Integrations Supported

Assecco SEE Fidelity
Blackbaud Financial Edge NXT
Fiserv Engagement Advantage
Fiserv Fixed Assets for DNA
Genpact Cora
Infor CloudSuite Industrial Enterprise
MIP Cloud
Microsoft Dynamics 365
NetSuite
Oracle Fusion Cloud ERP
Oracle PeopleSoft
Prevision
Prologue Financials
Redwood Reporting
Sage 300
Sage 300 Construction and Real Estate (CRE)
Sage X3
SiteLine

Integrations Supported

Assecco SEE Fidelity
Blackbaud Financial Edge NXT
Fiserv Engagement Advantage
Fiserv Fixed Assets for DNA
Genpact Cora
Infor CloudSuite Industrial Enterprise
MIP Cloud
Microsoft Dynamics 365
NetSuite
Oracle Fusion Cloud ERP
Oracle PeopleSoft
Prevision
Prologue Financials
Redwood Reporting
Sage 300
Sage 300 Construction and Real Estate (CRE)
Sage X3
SiteLine

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

Redwood Software

Date Founded

1992

Company Location

United States

Company Website

www.redwood.com/solutions/finance-automation/record-to-report/

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

Procure to Pay

Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management

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