Best Woman Entrepreneur/Founder Award Goes to SkyStem in the 5th Annual 2018 Globee® Awards

NEW YORK, Sept. 6, 2018 /PRNewswire-PRWeb/ -- SkyStem LLC, a provider of automated month-end close account reconciliation software, is proud to announce their founder's gold award for the 2018 Globee® Awards Best Woman Entrepreneur/Founder of the Year. The gold award honors Shagun Malhotra for leading SkyStem's steady growth and creating the environment that allows SkyStem's flagship solution to be consistently recognized as one of the highest rated software solutions in the industry.

Most of Ms. Malhotra's career was around audit, internal controls, and consulting for Fortune 100 companies. She saw the problems that occurred with the traditional manual process of using papers, spreadsheets, binders, and the countless menial tasks accounting departments face each month during the close. Combining her accounting and audit experience, she founded SkyStem, and developed a software solution for automating month-end close and balance sheet reconciliations -- ART.

As a female entrepreneur, Ms. Malhotra is keen on giving back to the community through her work with GirlTank, Startup Chile and the New York Public Library. In addition, Ms. Malhotra also actively mentors rising professionals and aspiring entrepreneurs. SkyStem is a women majority-owned company and has previously won Female Team of the Year and Female Accomplishment of the Year.

"It's an honor to win gold in this year's Best Woman Entrepreneur/Founder of the Year," said Shagun Malhotra. "I feel grateful to have the support of my team and customers in achieving so much success. We are looking forward to many more great years together!"

The Best Woman Entrepreneur/Founder of the Year award encompasses the world's best in leadership from every major industry in the world. More than 80 judges from a broad spectrum of industry voices from around the world participated and their average scores determined the 2018 award winners. Winners were honored in San Francisco on July 30, 2018, during the annual SVUS Red Carpet Awards Ceremony Dinner in San Francisco attended by the finalists, winners, judges and industry peers.

About the Globee Awards

Globee Awards were created to honor and generate industry-wide recognition of the achievements and positive contributions of organizations and businesses worldwide in every area. An annual industry and peers recognition program, Globee Awards honor best companies of all types and sizes in North America, Europe, Middle-East, Africa, Asia-Pacific, and Latin-America, best products, innovations, management and teams, women in business and the professions, and PR and marketing efforts from all over the world. Learn more about the Globee Awards at http://www.globeeawards.com

About SkyStem LLC

Headquartered in the heart of New York City, SkyStem delivers a powerful close and account reconciliation application 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, and providing insightful reporting. The web-based solution streamlines and eliminates up to 90% of manual activities while strengthening internal controls and corporate governance.

SOURCE SkyStem