SkyStem, LLC
- Company typePrivate
- Founded2007
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
SkyStem, LLC firmographics
Firmographics- Name
- SkyStem, LLC
- Legal name
- SkyStem LLC
- Website
- https://skystem.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Where SkyStem, LLC is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
SkyStem, LLC business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Subscription - ART Platform: SkyStem sells its ART platform as a cloud-based SaaS subscription. The platform is offered as a bundled package including multiple modules (Reconciliations, Task Master, Flux Analysis, Variance Analysis, Certification, Reporting) rather than à la carte. No separate implementation fees are charged in many cases due to the non-disruptive, streamlined onboarding approach. Free and unlimited customer support is included with every package. Pricing is quote-based and not publicly disclosed.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | All-in-one bundled platform (no tier differentiation disclosed) |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels12 records
SkyStem, LLC product offering
Product offeringCore offering
SkyStem sells ART (Automated Reconciliation Technology), a cloud-based SaaS platform that helps accounting and finance teams automate account reconciliations and the month-end close process. The bundled platform includes modules for reconciliations, task management, flux analysis, P&L variance analysis, multi-level certification, and real-time reporting. It is ERP-agnostic, deploys in 2-5 weeks, requires no on-premise software installation, and is sold to mid-market and enterprise organizations.
Product overview
SkyStem offers ART (Automated Reconciliation Technology), a unified cloud-based account reconciliation and financial close automation platform. The platform consists of a core system with six integrated modules: Reconciliations (automated balance sheet reconciliation with up to 40% volume reduction), Task Master (close checklist and task management), Flux Analysis (balance sheet variance tracking), Variance Analysis (P&L variance analysis), Certification (multi-level balance sheet sign-off), and Reporting (real-time dashboards and audit reports). All modules work together within the ART platform to automate month-end close processes, replace spreadsheet-based workflows, and strengthen internal controls.
Differentiator
Problem solved
Functional benefit
Brands
- ART: Automated Reconciliation Technology - SkyStem's flagship account reconciliation and financial close automation solution that helps accounting teams automate month-end close processes, balance sheet reconciliations, task management, flux analysis, variance analysis, certification, and reporting.
- ARTist
- The SkyStem Podcast
Products and services
- ART (Automated Reconciliation Technology) ART is SkyStem's flagship cloud-based account reconciliation and financial close automation platform. It provides workflow management, real-time close tracking, automated balance sheet reconciliations, task management, flux and variance analysis, multi-level certification, and reporting tools for accounting and finance teams. The platform is sold as a bundled package including all modules and free unlimited customer support, with no à la carte pricing. It is delivered entirely over the web, requires no on-premise installation, and is compatible with virtually any accounting/ERP system including Fiserv, Microsoft, Jack Henry, Oracle, and SAP.
Quantifiable outcome
- Up to 40% reduction in monthly reconciliation volume through system reconciliation algorithms
- +5 more outcomes
Companies that use SkyStem, LLC
Customer profileNamed customers30 records
Segments5 records
Ideal customer profiles3 records
SkyStem, LLC technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature9 records
SkyStem, LLC partnerships and signals
Strategic signalScale indicators1 record
Recent moves6 records
Expansion highlights5 records
SkyStem, LLC competitors and assessment
Company assessmentDirect peers
- Trintech: Trintech's Cadency and Adra platforms automate financial close, reconciliation, intercompany accounting, and reporting. Trintech is a close peer in account reconciliation and close management, serving mid-market and enterprise finance organizations with comparable workflow modules.
- BlackLine: BlackLine is the category-leading cloud platform for account reconciliation and financial close management, serving large enterprises globally. It is the most direct competitor to SkyStem's ART, with overlapping core functionality (balance sheet rec, task management, certification) but a much larger enterprise footprint and post-IPO capital base.
- Workiva: Workiva offers a cloud platform for financial reporting, SOX compliance, and audit-ready close documentation. While broader in scope (ESG, SEC reporting), Workiva overlaps SkyStem in the certification, audit trail, and close collaboration workflows that finance teams use to manage the month-end process.
- FloQast: FloQast provides cloud-based close management software (Close Management, Flux Analysis, Reconciliation) for mid-market and enterprise accounting teams. It directly competes with SkyStem across reconciliation, flux analysis, and month-end close workflow with a similar accountant-built, ERP-agnostic positioning.
Broad incumbents
- HighRadius: HighRadius is an AI-driven order-to-cash, treasury, and record-to-report platform that includes account reconciliation and close automation. It is comparable to SkyStem in reconciliation and close but operates as a much broader finance automation suite serving large enterprises.
- Oracle EPM (Hyperion): Oracle's EPM suite includes Account Reconciliation, Financial Consolidation, and close modules that compete with SkyStem natively inside the Oracle ERP install base. It is a broad incumbent that pressures third-party tools like ART in any Oracle-shop prospect.
- OneStream Software: OneStream provides a corporate performance management (CPM) platform that includes financial consolidation, close, and reporting. It overlaps SkyStem's close and reconciliation workflows but addresses a broader FP&A/consolidation buyer, typically larger enterprises with more complex multi-entity requirements.
- SAP S/4HANA Financial Close: SAP's S/4HANA Financial Close and Group Reporting capabilities are embedded within the core SAP ERP environment. As SkyStem explicitly supports SAP GL reconciliation, SAP's native close functionality is a broad incumbent competitor inside large SAP install bases.
Emerging players
- Cube Software: Cube is a financial planning and close collaboration platform that integrates with ERPs and spreadsheets. It is an emerging player in the financial close and FP&A space that overlaps with SkyStem's reporting, flux, and close workflow use cases for mid-market teams.
- Numeric: Numeric is an AI-native close management and reconciliation platform for accounting teams. It targets a similar accounting/finance buyer as SkyStem but is earlier-stage and positions AI-driven automation as a core differentiator against traditional rec tools.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
SkyStem, LLC social profiles
Digital presenceSkyStem, LLC compliance and trust
Trust signalCompliance2 records
SkyStem, LLC financial estimates
Financial estimateRevenue estimate
Valuation estimate
SkyStem, LLC leadership team
Management profileNumber of profiles
Profiles3 records
SkyStem, LLC funding detail
Funding detailFunding overview
Funding rounds3 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SkyStem, LLC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SkyStem, LLC
What does SkyStem, LLC do?
SkyStem sells ART (Automated Reconciliation Technology), a cloud-based SaaS platform that helps accounting and finance teams automate account reconciliations and the month-end close process. The bundled platform includes modules for reconciliations, task management, flux analysis, P&L variance analysis, multi-level certification, and real-time reporting. It is ERP-agnostic, deploys in 2-5 weeks, requires no on-premise software installation, and is sold to mid-market and enterprise organizations.
Is SkyStem, LLC a public or private company?
SkyStem, LLC is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was SkyStem, LLC founded?
SkyStem, LLC was founded in 2007. It employs 11 to 50 people.
Where is SkyStem, LLC based?
SkyStem, LLC is headquartered in New York, United States, in the North America region.
How does SkyStem, LLC make money?
One revenue line is on record: saaS Subscription - ART Platform.
Who are SkyStem, LLC's main competitors?
Direct peers on record are Trintech, BlackLine, Workiva and FloQast. Broad incumbents are HighRadius, Oracle EPM (Hyperion), OneStream Software and SAP S/4HANA Financial Close. Emerging players are Cube Software and Numeric.
Does SkyStem, LLC have an API?
No public API is recorded for SkyStem, LLC.