Case Study
Bank Saves $9,000 Per Year with Month-End Close Automation
Bank Saves $9,000 Per Year with Month-End Close Automation Case Study: UniBank UniBank has been serving the financial needs of Central Massachusetts since 1870. Headquartered in Whitinsville, Massachusetts, UniBank serves as a full-service, community bank and is a member of FDIC and DIF. UniBank is a mutual bank, owned by its customers and dedicated to local service. The bank has always been a technology leader, launching its first online payment platform in 2003. Since then, it has never stopped delivering the most effective technology to its customers. Prior to implementing ART, UniBank’s month-end close and reconciliation process was completely manual with the use of paper and spreadsheets. The accounting team’s process was decentralized and inconsistent in the way reconcili