SkyStem's CEO, Shagun Malhotra Shares her Entrepreneurial Journey in Entrepreneur.com
NEW YORK, Nov. 29, 2018 /PRNewswire-PRWeb/ -- SkyStem LLC, a leading provider of automated month-end close and account reconciliation software, is pleased to announce Entrepreneur's spotlight on SkyStem's CEO and her story behind how ART was created.
SkyStem's founder, Shagun Malhotra, discusses her story behind the company's enterprise solution, ART. This software automates reconciliations and manages month-end tasks for finance and accounting teams, boosting efficiency and transparency into the month-end close process.
The article begins with how Shagun helped a multi-billion-dollar corporation through a year-long remediation effort and delivered a clean audit after the corporation had gotten in trouble with regulators for not closing and reconciling the books for years.
Because of this, Shagun knew firsthand the multitude of problems accountants face when employing manual methods to close the books and complete reconciliations. She also realized that existing platforms with automation in this area were priced too high and not affordable for mid-sized companies. This drove her to founding SkyStem, a company with a focus to create an affordably priced solution that was not only easy to use but could also improve qualitative aspects of the close and reconciliation process.
SkyStem was founded with a customer-centric philosophy. Because of this, SkyStem offers unlimited phone and email customer support to every single customer, free of charge. The company also pays special attention to the user experience, as it plays an important role in identifying future enhancements. More than 20% of all new features in ART are directly attributed to customer suggestion.
"Our secret sauce is our customers. We are unique in the industry in that we actively solicit user feedback and we build upon that feedback in developing new features and functionality," said Shagun. "We cater all industries and focus primarily on the mid-market. By having a strong feedback loop with these folks, we ensure that ART always feels custom made just for them."
ART benefits users by creating an efficient and standardized process in comparison to the traditional manual process that entailed binders, paper, shared internal drives, etc. The software is designed in a way that is very intuitive to use and accessible for all users, including auditors.
To read the article and for more information about SkyStem, please click here.
About SkyStem LLC
Headquartered in the heart of New York City, SkyStem delivers a powerful close and account reconciliation application for organizations seeking to streamline their financial processes. The company's flagship solution, ART, is an enterprise technology that helps CFOs and Controllers shorten the month-end close and the time to issue financials by automating balance sheet reconciliations, managing month-end tasks, and providing insightful reporting. The web-based solution streamlines and eliminates up to 90% of manual activities while strengthening internal controls and corporate governance.
SOURCE SkyStem
