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Watch FAIB CEO Discuss Benefits of Month-end Automation On-Board AA Flights

SkyStem LLC, a leading provider of automated month-end close and account reconciliation software, is pleased to announce their Talk Business 360 feature on all American Airlines flights this month.


News provided by

SkyStem

Aug 02, 2018, 13:00 ET

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NEW YORK, Aug. 2, 2018 /PRNewswire-PRWeb/ -- SkyStem's CEO, Shagun Malhotra, and Head of Sales, Nancy Wu, interview First American International Bank's CEO, Mark Ricca on Talk Business 360. Ricca discusses how using automation via SkyStem's solution, ART, has helped their month-end close become smooth, efficient and more accurate. As CEO of the largest Chinese American community bank in New York City, Ricca explains how his accounting team has been relying on ART for several years. Ricca adds he truly appreciates the user-friendliness of the system and the attentive customer service that SkyStem provides.

"From a CFO/CEO perspective, I'm able to see from a high level to the top down of how the reconciliation process is going. Where we are on the process, what's on time, what's behind time, and what's ahead of time." - Mark Ricca, CEO, FAIB

“From a CFO/CEO perspective, I'm able to see from a high level to the top down of how the reconciliation process is going. Where we are on the process, what's on time, what's behind time, and what's ahead of time.”

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ART improves productivity by 40% during the month end close. The cloud-based solution benefits users by creating an efficient and standardized process compared to the traditional manual process that entails binders, paper, shared internal drives, etc. ART allows users to attach documents, sign-off electronically, use built-in standard forms and offers real-time updates and monitoring capability from the dashboard. The software is currently being used by banks, hotels, hospitals, and other industries, delivering transparency, productivity, and better auditability.

To view the interview clip, and for more information about SkyStem, please click here.

About Talk Business 360

TALK BUSINESS 360 TV is a production of Clearwind Media, a privately held company with studios located in Burbank and North Hollywood, California. Launched in 2012, TALK BUSINESS 360 TV provides direct access to an elite business audience on major airlines and TV networks, including C-level executives, decision makers, investors, early adopters and affluent consumers. TALK BUSINESS 360 TV has showcased over 1,000 companies in a variety of industries.

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

Related Links

www.skystem.com

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