Situation

A Private Equity-backed company faced recurring challenges during their financial close process, including an error-prone manual reconciliation process, limited visibility into the close timeline, and inefficient collaboration across departments.

Solutions

Results

With MMG and our implementation and training with FloQast, we were able to shorten the company’s close time by 30% while creating automated reconciliations that significantly reduced errors. We also enhanced collaboration with real-time task tracking that improved communication between the finance and operations teams.