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The Month-End Close Process Superhero Edition: The Reconciliation Avengers

THE MONTH-END CLOSE PROCESS SUPERHERO EDITION: THE RECONCILIATION AVENGERS

Cost Free
Presentation Length 1.0 hour

Recorded DateSeptember 11, 2024
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaAccounting
Course LevelBasic
Course Description

Reclaim the power of your reconciliations and turn them into true financial superheroes! Join us for this one-hour session where we delve into the common breakdown areas in the reconciliation process, define the key components of a robust reconciliation system, explore leveraging reconciliations for enhanced balance sheet health, and master efficient reconciliation practices to save time. Discover how to effectively empower your reconciliation procedures to spot errors and prevent fraud.

Learning Objectives:


  • Identify the common areas of breakdown in the reconciliation process

  • Determine the essential elements of a strong reconciliation system

  • Recognize how to enhance balance sheet health through effective reconciliations

  • List strategies to conduct quicker and more effective reconciliations

Not logged
PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
Linkedin

Nancy Wu

SkyStem
Head of Sales and Customer Success
[email protected]
(805) 300-0177

Skystem

Nancy Wu has spent most of her career working in consulting and auditing various accounting departments’ financial close processes for public and private organizations ($200 Million to $4 Billion). Her published work around leveraging user behavior to design internal controls is archived in the Cornell University Library. Ms. Wu is also the author of a whitepaper that discusses management standards around the balance sheet reconciliation process. She is the subject matter expert on an award-winning webinar program that draws hundreds of sign-ups each month on topics ranging from internal controls over financial reporting, to month-end close infrastructure, to Finance tone at the top. Ms. Wu currently leads sales and customer success for SkyStem, a technology company that offers month-end close and reconciliation automation for mid-market companies in banking, healthcare, retail, and various other industries.

About Our Presenter

Skystem

Headquartered in the heart of New York City, SkyStem delivers a powerful month-end close solution 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, performing flux / P&L variance analysis, and providing insightful reporting. The web-based solution streamlines and eliminates up to 90% of manual activities while strengthening internal controls and corporate governance.