Improve Quality and Reduce Risk Through Month-End Close Automation

At the end of every month, credit union professionals tackle the month-end close process. This work requires extensive effort on the part of the finance team, and completing these tasks manually can be challenging. Join Ben Munday, CFO of 121 Financial Credit Union, Nancy Wu of SkyStem, and CUNA as they discuss the Credit Union's experience in modernizing the month-end close.

Kemba Financial Credit Union was established in 1934 to serve employees of the Kroger Company. Today, it has over $1 Billion in assets and offers a plethora of banking, lending, investing, financial planning and insurance solutions to its members. It aims to provide its members with the best that technology has to offer. Join Janet Oiler, Controller at Kemba Financial Credit Union, as she shares her team's exploration into month-end close and reconciliation automation, and how modernizing this process has impacted the way her team approaches month-end activities.

AM Retail (Part of G-III Apparel Group) operates retail stores for Wilson Leather, G.H. Bass & Co., Calvin Klein Performance, Karl Lagerfeld Paris, and DKNY. Join Charlie Kettering, Finance Director at AM Retail, as he shares his team's vision for modernizing month-end close. Charlie and his team, over the course of one month, turned a manual reconciliation process into one that is electronic, and in the process, successfully saved two weeks of man hours per quarter.

Join SkyStem's Nancy Wu and Aquarion's Corporate Controller, Deb Kirven, as they explore the challenges facing today's finance and accounting function. Deb and Nancy journeys through Aquarion's decision to evaluate and adopt month-end close automation while touching upon topics such as cloud solutions, change leadership and consensus building.