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In this webinar, Nancy Wu from Skystem interviews Matt Guth, VP and Assistant Controller of Citizens and Farmers Bank (C&F Bank), a $2 billion publicly traded financial institution based in Virginia. Matt shares insights on how C&F Bank revolutionized its month-end close process by reducing administrative burdens and eliminating paper. In this insightful session, participants will gain valuable knowledge on implementing automation to enhance efficiency and accuracy in financial closing procedures.
Learning Objectives:
- Identify key steps involved in automating the month-end close process
- Determine strategies for reducing administrative burdens and paper dependency in financial operations
- Recognize the benefits of automation in improving accuracy and efficiency in financial reporting
- List best practices for implementing automated solutions in the month-end close process
Nancy Wu
SkyStem
Head of Sales and Customer Success
nwu@skystem.com
(805) 300-0177
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.
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CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
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About Our Presenter
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.
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