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Mastering Efficiency: How UW Credit Union Elevated the Month-End Close Process

MASTERING EFFICIENCY: HOW UW CREDIT UNION ELEVATED THE MONTH-END CLOSE PROCESS

Cost Free
Presentation Length 1.0 hour

Recorded DateNovember 6, 2023
CPE:Not available
(archived webinars do not offer CPE credits)
Course LevelBasic
Course Description

University of Wisconsin Credit Union is a 5 Billion dollar institution headquartered in Madison, WI that has more than 300,000 members. UWCU is the third largest credit union in the state of Wisconsin and currently operates 29 full-service branches throughout the Madison and Milwaukee metro areas.

In this webinar, we will chat with Sandy O’Connor, the Director of Accounting Operations at UWCU, about her accounting team’s journey into the world of month-end close automation and how that made an impact on her team’s closing process today.

Learning Objectives:


  • Demonstrate the benefits of automation's role in the month-end close process

  • Evaluate a case study showing closing process automation

  • Identify the advantages of using technology tools for process automation in reconciliation automation, P&L variance analysis, account certification, and balance sheet flux analysis

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

Nancy Wu

SkyStem
Head of Sales and Customer Success
nwu@skystem.com
(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.