SkyStem ART
by SkyStem · Financial Close & Consolidation
Cloud-based software for month-end financial close and balance sheet account reconciliation.
Updated August 2026 · By the ERP Research Editorial Team · Independent and vendor-neutral.
- Works with
- Any ERP or general ledger system
OracleFiservJack Henry - Deployment
- Cloud
- Company size
- SMB, Mid-market, Enterprise
- Pricing
- Quote-based
- Founded
- 2009
- Headquarters
- New York, NY, United States
Overview
SkyStem ART (Account Reconciliation Tool) is a cloud-based, software-as-a-service platform for month-end financial close and balance sheet account reconciliation. It is built by SkyStem, a New York-based accounting technology company founded by CPA and auditor Shagun Malhotra, and is aimed at CFOs, controllers and accounting teams looking to replace spreadsheet- and email-driven close processes with a structured, auditable workflow.
The platform is organized around five connected modules: account reconciliation, with system-driven auto-reconciliation, multi-currency support and electronic sign-off; a close-checklist and task manager; balance-sheet flux analysis and P&L variance analysis against configurable dollar or percentage thresholds; a multi-level certification workflow for balance-sheet sign-off; and real-time reporting with executive dashboards. ART is designed to be ERP-agnostic: rather than shipping prebuilt native connectors for specific ERPs, it ingests trial-balance and general-ledger data exported and uploaded from the customer's existing accounting system, with a custom automated data feed available on request.
SkyStem states that ART is used by accounting teams in more than 15 countries, with a customer base that includes financial services, credit unions and community banks alongside healthcare, retail, hospitality and utilities organizations. The company has won several industry awards, including Stevie Awards recognition and a 2019 Most Innovative Month-End Close Platform award from US Business News.
Screenshots & demo
Demo video from the vendor's YouTube channel. Screenshots sourced from SkyStem.
Modules & capabilities
SkyStem ART covers 22 of 50 capabilities we track in this category (+3 partial)
44%- Close checklist & task templatesAutomated close checklist for the financial reporting processCore strength
- Task dependencies & sequencingTask assignment with owners/due dates; no stated dependenciesPartial
- Role-based task assignment & ownershipTask assignment to team members with owners and due datesCore strength
- Sign-off / certification workflowCertification of account ownership, balances and exceptions by levelCore strength
- SOX / internal controls trackingSystem-enforced segregation of dutiesSupported
- Close calendar & milestone trackingTask assignment with owners and due datesSupported
- Supporting documentation & evidence attachmentArchiving of close documents such as analyses and JE supportCore strength
“Not evidenced” means our research found no public documentation of this capability — the vendor may still offer it. Confirm on a demo.
Common use cases
- Automating monthly balance sheet account reconciliations to reduce manual reconciliation volume
- Building and tracking an automated month-end close checklist across an accounting team
- Running balance sheet flux analysis against dollar or percentage thresholds to flag anomalies for review
- Running P&L variance analysis against budget or prior periods
- Multi-level balance sheet certification to support SOX and internal-controls compliance at public and private companies
- Centralizing close documentation and an audit trail to reduce external audit preparation time
- Giving smaller accounting teams (fewer than 200 accounts per month) automated tools without adding headcount
Strengths & considerations
Strengths
- ERP-agnostic: designed to work with virtually any general ledger or accounting system via uploaded data rather than requiring a specific ERP
- Single connected suite spanning reconciliation, close checklist, flux/variance analysis, certification and reporting, rather than a general-purpose workflow tool adapted to close
- Implementation pitched in weeks rather than months (vendor states its Classic Set Up is typically live in two to five weeks) with free, unlimited customer support included
- System auto-reconciles a portion of the balance sheet against rules before accountants begin manual work
- Notable concentration of customers in financial services, credit unions and community banks (vendor-reported ~40% of its customer base)
Considerations
- Integration with source ERPs and accounting systems is primarily via manual file upload (CSV/Excel export into ART) rather than prebuilt native or API connectors; a custom automated data feed can be built on request but is not standard
- Pricing is not published; obtaining a quote requires a sales conversation or demo
- SkyStem is a small vendor (11-50 employees per its LinkedIn profile), which may be a consideration for enterprises comparing vendor scale against larger financial-close automation platforms
Used SkyStem ART with your ERP? Rate it in 30 seconds — it helps every buyer after you.
Rate itERP integrations
ART is ERP-agnostic; trial balance/GL data exported from Oracle and uploaded via CSV/Excel. No named connector.
Connector details independently verified against vendor marketplaces and documentation; last checked 2026-08-20.
Pricing
Full SkyStem ART pricing breakdown — cost at 25/100/500 seats, competitor rates & FAQs
No pricing is published. SkyStem requires a 'Request a Quote' form or a sales demo; the vendor states its Classic Set Up can often be implemented without separate implementation fees. Get an independent shortlist with pricing guidance below.
What does SkyStem ART cost?
SkyStem ART prices by quote, like most of this category. Here is what actually drives your number — and what to ask before you get one.
7 of the 12 vendors we track in this category publish no list price at all.
Technical & security
- Hosting
- SaaS
- Compliance
- SOC 1, SOC 2
About the vendor
- Founded
- 2009
- Headquarters
- New York, NY, United States
- Employees
- 11-50
- Ownership
- Private
- Notable customers
- Unify Financial Credit Union, Milford Federal Savings & Loan, University of Wisconsin Credit Union (UWCU), AM Retail Group, Lake Health, Aquarion Water Company
Alternatives to SkyStem ART in Financial Close & Consolidation
SkyStem ART — frequently asked questions
What is SkyStem ART?
ART is SkyStem's cloud-based (SaaS) software for month-end financial close and balance sheet account reconciliation. It covers reconciliations, a close checklist and task manager, flux and variance analysis, certification, and reporting.
Which ERPs or accounting systems does ART integrate with?
ART is ERP-agnostic and compatible with virtually any accounting system, according to SkyStem's FAQ, which names Fiserv, Microsoft, Jack Henry and Oracle as commonly used among its customers. Data is exported from the source system and uploaded into ART; a custom automated data feed can be built on request.
How is ART priced?
Pricing is quote-based and not published. SkyStem requires a 'Request a Quote' form submission or a sales demo to provide pricing.
How long does implementation take?
SkyStem's 'Why Choose ART' page states its Classic Set Up is typically live within two to five weeks, using the customer's existing chart of accounts without heavy IT involvement. The service is delivered as SaaS with no hardware or software installation required.
Does ART automatically reconcile accounts?
Yes. SkyStem states that system algorithms perform a portion of the balance sheet's reconciliations automatically each period, which it describes as reducing manual reconciliation volume by up to 40%, so some accounts are already reconciled before accountants begin their own work.
Compare SkyStem ART head-to-head
The Financial Close & Consolidation Buyer's Guide
Before you commit to SkyStem ART, see how it sits against the 12 financial close & consolidation systems we track — on capability, ERP integration depth and what each one actually charges for.
Financial Close & Consolidation Buyer's Guide
12 systems compared · 2026
ERP Research
- SkyStem ART compared side-by-side with 11 alternatives
- ERP integration checklist — what to verify before you shortlist
- The pricing questions that change the quote
- A SkyStem ART evaluation brief, included with the guide
Financial Close & Consolidation Buyer's Guide
Get pricing for SkyStem ART
SkyStem ART doesn't publish a price. Tell us your ERP, seat count and must-haves and we'll come back with an independent view of what it should cost you — and which alternatives are worth quoting alongside it.